The document discusses inter-governmental relations and financial management between national and local government agencies in the Philippines. It outlines the responsibilities of different agencies in areas like revenue collection, budgeting, expenditure management, and development planning. It also summarizes the main sources of funding for local governments which include the internal revenue allotment, local taxes and fees, economic enterprises, grants and donations, and credit financing. Common issues found in audits of local governments are also mentioned such as weaknesses in controls over assets, cash management, accounts payable, and human resource management.

1. Zeaphard GV Caelian