SECTION 474-b of the Local Government Code of the Philippines

The accountant shall take charge of both the accounting and internal audit services of the local government unit concerned and shall:

• • Install and maintain an internal audit system in the local government unit concerned;
  • Prepare and submit financial statements to the governor or mayor, as the case may be, and to the sanggunian concerned;
  • Apprise the sanggunian and other local government officials on the financial condition and operations of the local government unit concerned;
  • Certify to the availability of budgetary allotment to which expenditures and obligations may be properly charged;
  • Review supporting documents before preparation of vouchers to determine completeness of requirements;
  • Prepare statements of cash advances, liquidation, salaries, allowances, reimbursements and remittances pertaining to the local government unit;
  • Prepare statements of journal vouchers and liquidation of the same and other adjustments related thereto;
  • Post individual disbursements to the subsidiary ledger and index cards;
  • Maintain individual ledgers for officials and employees of the local government unit pertaining to payrolls and deductions;
  • Record and post in index cards details of purchased furniture, fixtures, and equipment, including disposal thereof, if any;
  • Account for all issued requests for obligations and maintain and keep all records and reports related thereto;
  • Prepare journals and the analysis of obligations and maintain and keep all records and reports related thereto; and
  • Exercise such other powers and perform such other duties and functions as may be provided by law or ordinance.