EXECUTIVE SUMMARY
Introduction
The Municipality of La Libertad was created in 1902 under the Municipal Code (Act No. 82)
enacted by the Second Philippine Commission. In April 1903, the Philippine Commission
passed Resolution (Act No. 715), adopting a policy to reduce the number of municipalities in
each province. Under this Act, the Municipalities of La Libertad and Jimalalud were merged
with the Municipality of Tayasan. Under Resolution No. 368 passed by the Provincial Board
of Negros Oriental on July 11, 1918, the Municipality of La Libertad was separated from the
Municipalities of Tayasan and Jimalalud on January 10, 1919. It is presently classified as a
third-class municipality.
As of December 31, 2024, the Municipality had a personnel complement of 471, as shown
below:
Nature of Appointment to Office Quantity
Elective Officials 10
Permanent/Regular Positions 47
Casual Plantilla 46
Job Orders (Office-based) 368
TOTAL 471
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 La
Libertad 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.
