Status of
Reference Observation Recommendations Implementation/
Result of Validation
contrary to COA Commission on Audit,
Circular No. 2007-001 in accordance with the
dated October 25, guidelines prescribed
2007. under COA Circular No.
97-001.
2012 AAR; The agency did not 66. Management Not Implemented
AO No. 9; regularly monitor immediately submit the
Page No. transferred funds and audited Statement of Lack of certificates of
48 submit liquidations to Liquidation to the completion for the
the source agencies various source agencies completed projects and
immediately after the for proper reporting and clearance from the City
completion of the accounting of the funds Mayor to return the
projects/activities, received and utilized balance to the source
contrary to COA and to return any agencies. CEO is already
Circular Nos. 94-013 unutilized amount fast-tracking
dated December 13, pursuant to the terms reconciliation and
1994, thus resulting in and conditions of the liquidation of completed
the accumulation of MOA and COA projects for proper
the Due to Other Circular No. 94-013. recording and accounting
NGAs account in the books of accounts.
amounting to
₱68,122,800.65, and
casting doubt on the
accuracy and the
validity of the account
balance.
2012 AAR; The accuracy of the 67. Management conduct Not Implemented
AO No. account Due to Other review and
10; Page NGAs amounting to reconciliation of all Due The subsidiary ledgers of
No. 51 ₱68,122,800.65 was to Other NGAs accounts this account were not
doubtful and very by ascertaining the updated due to lack of
unreliable because the status of personnel.
balance under the project/activities
General Fund had no completion, balances
breakdown while and status of
under the Trust Fund, liquidation; and
not all its details were
contained in the 68. Require the City Not Implemented
subsidiary ledgers nor Accountant to likewise
could be traced to the verify and investigate The subsidiary ledgers of
Fund Utilization the status of the funds by this account were not
Reports (FURs), confirming the balances updated due to lack of
contrary to Sections with the source personnel.
111 and 112 of PD No agencies.
1445 and Section 10 of
the Manual on New
Government
Accounting System,
112
