EXECUTIVE SUMMARY
Introduction
The Municipality of Bindoy was created by virtue of Governor General Order No. 31, series
of 1924, by Governor General Leonard Wood on July 1, 1924. It is located northeast of
Negros Oriental with a total land area of approximately 28,168 square kilometers mostly
devoted to agriculture and housing. Based on the CY 2020 census, its population was
reported at 47,102. It is presently classified as a second-class municipality, envisioned to be
the rice bowl of Central Negros.
As of December 31, 2024, it had a personnel complement of:
No. of Personnel
Nature of Appointment to Office
2024 2023
Elective Officials 12 11
Permanent Positions 86 90
Coterminous 3 1
Temporary 0 0
Casual/Contractual 0 6
Job Orders 426 442
Total 527 550
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.
