Accounting Reform in the Barangay Development Program: An Analysis of Public Fund Management and Accountability Practices in Metro Manila, Philippines

Abstrak

This study aims to evaluate public accounting practices in Barangay Metro Manila with a focus on transparency and accountability in managing public funds. A qualitative method was used, involving in-depth interviews with key informants, including Barangay Captains, public accountants, administrative staff, and community representatives, as well as document analysis and participatory observation. Findings reveal that despite the application of some public accounting standards, challenges such as inadequate training, inconsistent manual documentation, and minimal supervision hinder optimal accountability. Recommendations include continuous accounting training for administrative staff, implementation of a digital financial recording system, periodic external audits, increased community involvement in public fund evaluation, and the preparation of a more structured accounting standards guide. Policy implications involve stricter regulations, increased investment in public fund management digitalization, and enhanced human resource capacity in public accounting systems. By implementing these recommendations, it is hoped that public fund management in Barangay Metro Manila will become more transparent, accountable, and supportive of sustainable development goals at the local community level.