EXECUTIVE SUMMARY
Introduction
The Municipality of Jimalalud is one of the 19 municipalities comprising the Province of
Negros Oriental. The history of the province revealed that it was created as a barangay by
virtue of a Letter of Declaration signed by Fernando Cuevo, the Hepe Politico de las Islas de
Negros, in 1781. It became a Municipality through a Royal Decree in 1800.
It is located some 97.7 kilometers north of Dumaguete City, the provincial capital of Negros
Oriental. It is classified as a fourth-class municipality effective November 20, 2001, pursuant
to Department of Finance Memorandum Circular No. 01-M (54) dated January 28, 2002. It is
composed of 28 barangays, with a population of 30,945, as per the 2015 census of the
Philippine Statistics Authority. The total land area is 186.3 square kilometers.
As of December 31, 2024, the Municipality had a personnel complement of 186, composed of
the following:
Nature of Appointment to Office Quantity
Elective Officials 13
Permanent/Regular Positions 66
Casual Plantilla 34
Job Orders (Office-based) 73
TOTAL 186
Audit Objective
The objectives of the audit are 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.
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
Jimalalud for 2024. The audit consisted of a review of operating procedures, evaluation of the
LGU’s programs and projects, interview of concerned government officials and employees,
verification, reconciliation, confirmation, inspection, and analysis of accounts, and such other
procedures considered necessary.
