Annex A
Status of Implementation/
Ref. Observation Recommendation
Results of Validation
• Non-conduct of inventory of local roads system pursuant to COA Circular No.
and non-preparation of RPCLRN 2015-008 dated October 23, 2015
• The costs of each road component of the
local road projects in the books of
accounts were not segregated
• Non-maintenance of LRNLC and
LRNPC showing complete description
and cost segregation of LRN
components
• Non-disclosure of the total road network
system in the Notes to the FS
Items of PPE with a total cost of 6. The Local Chief Executive direct the Unimplemented
2023 AAR
AO No. 3, ₱262,904,766.30 were not provided with Municipal Accountant to maintain PPE
Page 34 depreciation, inconsistent with International Ledger Cards to track all the
Public Sector Accounting Standard (IPSAS) transactions related to PPE.
17, affecting the accuracy and reliability of 7. The Municipal Accountant ensure that Unimplemented
the FS. all depreciable PPEs have been provided
with a depreciation expense and that all
necessary data have been appropriately
recorded in compliance with IPSAS 17.
8. The Municipal Accountant prepare the Unimplemented
appropriate journal entries to correct the
omitted depreciation and present the Verification could not be
completed because documents
