Ref.
Audit Observations Audit Recommendations Status of Implementation
Presidential Decree (PD) No. 1445. process caused delays, as the
Moreover, property cards were not Municipality has to rely on other
maintained by the Municipal Treasurers government agencies to proceed.
Office, while property ledger cards,
although maintained by the Municipal 87. We further recommended the Municipal Unimplemented
Accountants’ Office were not regularly Treasurer maintain property cards and the The updating and reconciliation
reconciled with the records of the Municipal Accountant to update their of records had not yet been
Municipal Assessor’s Office, contrary to records and reconcile with the Office of the completed.
Sections 119 and 120 of New Government Municipal Assessor.
Accounting System (NGAS) Manual,
Volume 1.
AAR 55. The Municipality did not record in 88. We recommended that the OIC-Municipal Unimplemented
2016, the books of accounts 17 parcels of land Accountant draw a journal entry voucher to Management had still been in the
p. 28 amounting to ₱19.78 million and did not record all lots owned by the Municipality. process of drafting the Physical
conduct a physical count of its land Inventory Plan, which shall serve
account as required in Sections 111 and as the basis for the one-time
112 of PD 1445, and Section 124 of the cleansing of PPE. The Municipal
NGAS Manual, Volume I, thus Accountant will record the
understating the land and government necessary accounting entries
equity account balances in the financial once the one-time cleansing is
statements as of December 31, 2016 by the completed.
same amount.
89. We also recommended that the Municipal Unimplemented
Mayor require the Inventory Committee to The Municipal Mayor had
conduct a physical count thereof and already created an Inventory
reconcile the same with related records Committee. However, the
maintained by the Offices of the Municipal reconciliation shall be done once
Treasurer, Municipal Accountant and the one-time PPE cleansing is
Municipal Assessor in accordance with completed.
existing regulations.
92
