Management Status of
Ref. Observation Recommendations
Comments/Actions Implementation
2020 AAR, amounting to Inventory Committee had completed the physical
AO No. 1, ₱258,133,067.73 as of prioritize the conduct of count and the RPCPPE had
page 29; December 31, 2022, was not the physical count of all been submitted.
2014 AAR, yet implemented by the properties and submit to
AO No. 2, Municipality due to their the auditor the
page 18; failure to conduct the RPCPPE/Inventory
2013 AAR, physical count and to Report, to be done
AO No. 2, reconcile the count with the annually henceforth;
page 17; books, contrary to pertinent
2012 AAR, provisions of COA Circular 9. The Municipal Stock and property cards Unimplemented
AO No. 5, No. 2020-006 dated January Accountant and the have been maintained by the
page 22; 31, 2020, thereby the General Services Officer GSO and the Municipal
2011 AAR existence of movable be required to maintain Accountant maintains an
properties amounting to and subsequently update excel file of all PPEs.
₱112,496,262.11 and the the Ledger Cards and However, since the dropping
accuracy of the PPE balances Stock and PCs in order of unserviceable properties
could not be ascertained, that the reconciliation of had not yet been done, ledger
affecting the fair presentation the physical count cards had not been updated
of these accounts in the against book balances yet.
financial statements. can be facilitated; and
10. The Municipal Final reconciliation between Unimplemented
Accountant and the the records of the Municipal
General Services Officer Accountant and the General
reconcile the accounting Services Officer was still
and property records and pending.
make the necessary
adjustments so that the
accounts can be fairly
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