8.2. These ending balances pertain to audit suspensions issued and received in the
following years:
Balance as of Transaction
Year Issued Remarks
12/31/2024 Year
Notice of Suspension (NS)
2015 ₱ 4,212,000.00 2011 ₱1,750,000.00 - Lacking docs
pertaining to the purchase of a
tractor funded out of DA
Funds (GMA Program)
2014 ₱2,462,000.00 – Lacking docs
for lot purchase
Total NS ₱ 4,212,000.00
Notice of Disallowance (ND)
2015 ₱ 16,000.00 2014 ₱3,000.00 – Excessive PEI for
CY 2014
2014 ₱10,000.00 – Excessive PEI
for CY 2014
2014 ₱3,000.00 – Excessive PEI for
CY 2014
Total ND ₱ 16,000.00
8.3. We would like to note that the aforesaid balances do not include Notices of
Suspension, Disallowance, and Charge issued prior to the effectivity of the Rules and
Regulations on Settlement of Accounts, which are still subject to reconciliation with
the balances of the accounting record.
E. OTHER MATTERS
9. We have audited the other areas included in the Focus Areas on the Audit of the CY
2024 Accounts of the Local Government Units covered under the COA Local
Government Audit Sector Unnumbered Memoranda dated October 30, 2024. However,
we have not yet obtained sufficient and competent evidence on other matters to warrant
the inclusion of audit observations in this Report.
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