Benguet State University (BSU) continues to excel in financial management, earning recognition from the Government Financial Management Innovation Circle (GMIC) Inc. for its efficient use of the eNGAS (Enhanced Electronic New Government Accounting System).
BSU received the eNGAS Inclusiveness Award (formerly Gallantry Award) and the Outstanding eNGAS User Entity Award for its outstanding implementation of system in all its campuses. For the eNGAS Inclusiveness Award, BSU was among the four awardees out of 72 nominees. On the other hand, the User Entity Award recognized the university for submitting a complete set of eNGAS-generated consolidated financial reports for fiscal year 2023, free of material errors, on or before the due date prescribed by the Commission on Audit (COA).
“The award represents the outstanding performance of BSU eNGAS users, this implies that the university is doing well in utilizing the benefits provided by the system. Also, it represents BSU as a university going towards sound financial management and digitalization. The eNGAS also gives additional branding to the university in the aspect of financial management and system utilization,” said Imelda B. Galinato, the University Accountant.
BSU through the Accounting Office has consistently received recognition for its exceptional implementation of eNGAS receiving the award in 2018, 2019, and 2023. This recognition established BSU as one of the role models among SUCs in Northern Luzon. Remarkably, BSU is the only institution to implement the eNGAS system remotely.
“We are hoping next year, we will receive the Hall of Fame award. Challenge yon and ang nakikita kong impact is the continuous improvement and utilization of the system and at the same time sustain the collaboration award,” Galinato added.
BSU began implementing the eNGAS system in 2006 with the collaboration of the Accounting Office and the Information and Communication Technology (ICT) Division. Since then, it has significantly improved the university’s financial management, especially during the COVID-19 pandemic.
The recent awards were received by outgoing University President Felipe Salaing Comila and University Accountant Imelda B. Galinato during 2024 Membership Conference held at the Crown Legacy Hotel, Kisad Road, Baguio City on November 22, 2024.
The eNGAS is an accounting software developed by the COA to ensure correctness, reliability, completeness and timeliness in recognizing government financial transactions and to generate financial reports in accordance with the Philippine Public Sector Accounting Standards (PPSAS) and Revised Chart of Accounts (RCA).