Status of
Implementation/
Reference Observations Recommendations
Results of
Validation
2023 AAR, Cash in Vault amounting to 7) The City Implemented
AO No. 5, ₱518,480.87 was not Accountant’s Office
page 51 accounted for during the identify the city Cash-in-Vault
turn-over of accountabilities treasurer’s balances were
between the outgoing and responsibility for the reconciled and
incoming city treasurers as unaccounted cash and adjusting journal
of December 31, 2023, coordinate with the entries were
which goes against Section current City Treasurer prepared to
69 of Presidential Decree to send demand letters correct wrong
(PD) No. 1445, thus for its settlement. posting and non-
exposing government funds posting of
to risk of misappropriation transactions.
and possible loss.
2023 AAR, Differences between the 8) The City Accountant Implemented
AO No.6, balances of Cash in Bank per draw the necessary
page 53 books and per bank for four journal entries to Journal entries
bank accounts maintained record long were made to
by the City with Land Bank outstanding reflect the
of the Philippines and the reconciling items adjustments to
Development Bank of the discovered during the the affected CIB
Philippines ranging from preparation of the balances.
₱61,584.23 to ₱647,148.34 BRS to reflect the
were not reconciled, correct balances of
contrary to Section 74 of PD the account Cash in
No. 1445 and Section 3.2 of Bank-Local Currency
COA Circular No. 96-011 Current.
dated October 2, 1996,
thereby adversely affecting
the accuracy of the Cash in
Bank account balances.
2023 AAR, Fuel consumption of the 9) The LDRRMO to Implemented
AO No. 8, backhoes and payloader properly monitor the
page 55 used in deepening riverways fuel consumption of Drivers’ trip
and waterways were not the heavy equipment tickets are
properly controlled and used for deepening properly filled-
monitored as required under rivers and waterways
out.
COA Circular No. 77-61 by requiring the
dated September 26, 1977, heavy equipment
thus precluding the auditor operators to fill up the
balance in the tank
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