The Accounts Division was established to improve efficiency in the financial management, payments, and revenue collection of the ministry as a whole. It consists of three (3) sections: the Management Accounting Section, the Consultancy and Monitoring Section, and the Financial Accounting Section.
Objectives
- To ensure that accounting services and financial information management are carried out efficiently according to legal requirements, financial regulations, and the applicable Government Accounting Standards.
- To ensure that payments and revenues are accurately accounted for and comply with applicable financial regulations.
- To provide quality and effective advisory services in accounting and financial services in accordance with best practices.
Functions
- To prepare information and reports, as well as conduct analyses to assist management in decision-making.
- To ensure that all transactions of the Ministry of Economy are accurately and properly accounted for within the prescribed period.
- To provide advisory and consultancy services related to accounting and financial management to PTJ and monitor the implementation of accounting systems in departments and agencies.
- To carry out monitoring of the management and accounting of all transactions in accordance with financial regulations and accounting standards.
- To plan and implement accounting and financial training programs to strengthen the skills and enhance the competencies of officers.
We are committed to managing the accounting and finances of the Ministry of Economy professionally. In carrying out this task, we pledge to fulfill the following services:
- To make payments within two (2) working days from the date of approval of Payment Instructions at PTJ;
- To process monthly salary payments and salary deductions according to the scheduled dates set;
- To prepare the Ministry’s Monthly Financial Statements according to the scheduled dates;
- To provide feedback on customer inquiries and complaints within one (1) day from the date received;
- To review the Monthly Accounts Receivable Documents within twenty-one (21) days from the date the documents are received;
- To process payment vouchers for personal advances, vehicle loans, and computer loans within five (5) working days from the date the complete documents are received;
- To process the approval request for the agency’s accounting system that has been finalized within seven (7) working days from the date the complete documents are received;
Contact Us
Account Division
Ministry of Economy
Level 5, Menara Prisma,
No. 26, Persiaran Perdana, Presint 3,
Pusat Pentadbiran Kerajaan Persekutuan,
62502 W.P Putrajaya