The management of _____________________________________________ is
_______________________ (Barangay/ City/ Municipality)
responsible for all information and representations contained in the accompanying Statement of Financial Position, Statement of Cash Flows, Comparative Statement of Budget and Actual Expenditures, Statement of Net Assets/Equity and Notes to Financial Statements as of ______________________ and the related Statement of
Financial Performance for the year then ended.
In this regard, management maintains a system of accounting and reporting which provides for the necessary internal controls to ensure that transactions are properly authorized and recorded, assets are safeguarded against unauthorized use or disposition and liabilities are recognized.