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FINANCIAL ADMINISTRATION MANUAL Issue Date: August 2007Revised Date: April 1, 2017Responsible Agency: Office of the Comptroller General/Financial OperationsChapter:Directive No:8201Control of Expenditures Directive
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Control of expenditures refers to monitoring and managing the spending of funds, ensuring that expenses are kept within set budgets.
Various entities such as government agencies, non-profit organizations, and businesses may be required to file control of expenditures depending on local regulations and policies.
Control of expenditures forms typically require detailed information on expenses, budgets, and any deviations from the original budget. It is important to accurately record all financial transactions.
The purpose of control of expenditures is to track and regulate spending, ensure accountability, and prevent overspending or misuse of funds.
Information such as total expenses, budget allocations, variances from budgeted amounts, and explanations for any deviations are typically required to be reported on control of expenditures.
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