EXECUTIVE SUMMARY
Introduction
The Municipality of Bacong, Negros Oriental was officially recorded and published in the
Spanish Journal of 1801 as El Barangay de Bacong Pueblo de Dumaguete. It is a fourth-
class Municipality located on the southeastern coast of Negros Oriental and the first town
located eight kilometers south of Dumaguete City. It has a total land area of 4,126.67
hectares, consisting of 22 barangays.
As of December 31, 2024, it had a personnel complement of 371, as shown below:
Nature of
Quantity
Appointment to Office
Elective Officials 10
Permanent Positions 50
Casuals 24
Job Orders/Contractual 287
Total 371
Audit Objective
The objective of the audit is to (a) ascertain the fairness of the presentation of the financial
statements; (b) ascertain the propriety of financial transactions and compliance with
prescribed rules and regulations; (c) recommend agency improvement opportunities; and (d)
determine the extent of implementation of prior years’ audit recommendations. The
performance audit was likewise conducted with the objective of informing management
where improvement can be instituted in the field of revenues, expenditures, and management
of resources.
Audit Methodology
The Commission has been implementing a risk-based audit in the conduct of its audit
services. However, to meet the evolving developments in public governance and fund
management, the results-based approach in the audit was incorporated.
Scope of Audit
An audit was conducted on the accounts and operations of the Municipal Government of
Bacong for CY 2024. The audit consisted of a review of operating procedures,
evaluation of the LGU’s programs and projects, interviews with the concerned
government officials and employees, verification, reconciliation, confirmation, inspection,
and analysis of accounts, and such other procedures considered necessary.
i
