ANNEX A

POLYTECHNIC UNIVERSITY OF THE PHILIPPINES

Financial Information for Existing Information Systems
As of December 31, 2020

Is it probable that the Can the cost or

expected future fair value of
Year
User/s economic benefits or the asset be Cost/
available
(within service potential that are measured Mode of Fair Useful
Intangible asset for use or Status3
the attributable to the asset reliably? acquisition1 Market life2
started to
Entity) will flow to the Entity? Yes or No? if Value
use
Yes or No? if No, state No, state the
the reason reason
PUP iApply
Student Information System
Student Receivables System
Statement of Account System
Online Certification of Registration
Generator
Online ACE Form
PUP Bookstore
PUP Online Survey: Faculty
Evaluation
PUP Online Survey: Mabini Media
Awards
PUP Online Survey: ICT Services
(Feedback)
Online Enlistment System
Human Resource Information
System: Attendance Monitoring,
Biometrics
e-Payslip
PUP Website
ICT Service / OSSSAC
PUP ID

281
 Is it probable that the Can the cost or
expected future fair value of
Year
User/s economic benefits or the asset be Cost/
available
(within service potential that are measured Mode of Fair Useful
Intangible asset for use or Status3
the attributable to the asset reliably? acquisition1 Market life2
started to
Entity) will flow to the Entity? Yes or No? if Value
use
Yes or No? if No, state No, state the
the reason reason
PUP Online Payment / ePayment
Free Tuition Report
ODRS
OCSS
1. Mode of Acquisition:
 Separate Purchase or Acquisition
 Entity Combination or as Part of Business
 Non-Exchange Transactions
 Exchanges of Assets;
 Internal Generation (self creation)

2. Useful life:
 indefinite: no foreseeable limit to the period over which the asset is expected to generate net cash inflows for, or provides service potential
to, the entity;
 Finite life – a limited period of benefit to the entity (indicate the estimated useful life of the intangible asset can be used)

3. Status:
 Active and operational
 Idle but operational
 Unserviceable (impaired

282