Status of
Ref. Audit Observation Audit Recommendation Management Comment/Action
Implementation
38. We further recommended that Management still had not taken Not
Management submit a written explanation any action. Implemented
on the disbursement of funds with
incomplete documentary requirements
and submit the status of the action(s)
taken by the Management regarding the
unidentified and unreconciled differences
between the balance per books and per
banks, stating the reasons therein why it
remained unacted to date.
From AARs 2016 and 2017 -
₱52,140,199.60
39. We recommended that the Municipal Management still had not taken Not
Treasurer and Municipal Accountant any action. Implemented
reconcile the cashbooks and ledgers at
least quarterly in order that differences
between the two records can be adjusted
right away to ensure the accuracy and
reliability of both records as well as to
prevent the incurrence of cash overdrafts.
AAR Long outstanding cash advances and 40. We recommended that the Municipal The outstanding account pertains Not
2021 receivables from officers and Accountant demand the DO to submit the to the unsubmitted Vouchers from Implemented
employees in the total amount paid vouchers and settle the unliquidated 2009-2010. There are various
₱8,435,513.98, aged over six months cash advances from CYs 2009, 2010, personnel handling the distribution
to over five years, remained unsettled 2011, 2013, as mentioned in the and releasing of checks during that
as of December 31, 2021, due to failure accompanying Notes to FS, together with time, thus tracing on the
to observe the provisions of COA an explanation of why cash advances completeness of documents
Circular No. 97-002 and Section 89 of remained unliquidated as of reporting submitted were not done that
P.D. No. 1445 consistently, thus, date. documents were misplaced.
71
