REGIONAL OFFICE NO. VII
M.J. Cuenco Ave., cor. V. Sotto Street, Barangay Tinago, 6000 Cebu City
June 24, 2025
HONORABLE LUIGI MARCEL T. GOÑI
City Mayor
City of Bais
Province of Negros Oriental
Dear Mayor Goñi:
We are pleased to transmit the Annual Audit Report of the City Government of Bais for the
calendar year 2024 pursuant to Section 2, Article IX-D of the Philippine Constitution and
Section 43 of Presidential Decree No. 1445, otherwise known as the Government Auditing Code
of the Philippines.
The audit was conducted to (a) ascertain the fairness of 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.
We conducted our audit in accordance with applicable International Standards of Supreme Audit
Institutions, and we believe that it provides a reasonable basis for our opinion.
We rendered a qualified opinion on the fairness of presentation of the financial statements for the
year then ended.
The audit observations, together with the recommended courses of action, which were discussed
by the Audit Team with you and your staff in an exit conference on April 28, 2025, are discussed
in detail in Part II of the Report. Management’s comments are also incorporated in Part II, where
appropriate. The Status of Implementation of Prior Years’ Audit Recommendations is discussed
in Part III of this Report.
We request that the recommendations be immediately implemented, and we will appreciate being
informed of the action(s) taken thereon by submitting the attached duly accomplished Agency
Action Plan and Status of Implementation within 60 days from receipt of this Report.
