Management Status of
Ref. Observation Recommendations
Comments/Actions Implementation
Sections 121 and 124, Xxx various reports making it
Chapter 7 of the New difficult to compare to the
Government Accounting balance as presented in the
System (NGAS) Manual for financial statements.
Local Government Units
(LGUs), thereby affecting
the fair presentation of the
account in the financial
statements.
2022 AAR, The accuracy and reliability 13. We recommended that An inventory was submitted Unimplemented
AO No. 3, of the Road Networks Management enjoin the but the document did not
page 32 account totaling concerned department conform to the format
₱28,693,168.99 could not be heads to strictly comply required under the circular.
ascertained due to: (a) failure with the accounting and Furthermore, pertinent
to conduct an inventory of reporting guidelines on information such as cost and
local roads and non- the local roads asset date constructed cannot be
preparation of the Report on management system and found in the submitted
the Physical Count of Local earnestly perform their report.
Road Network (RPCLRN); respective duties and
(b) non-maintenance of the responsibilities as set
Local Road Network Ledger forth under COA Circular
Card (LRNLC) and Local No. 2015-008 dated
Road Network Property Card October 23, 2015.
(LRNPC); (c) non-provision
of depreciation for Local 14. We further recommended Although inventory of road Unimplemented
Road Network account and that the Inventory networks was submitted,
(d) non-disclosure of the Committee conduct an these were not reconciled
total road networks in the annual physical count of with the records of the
Notes to the Financial all LRN and report the accounting department.
Statements, contrary to COA results thereof in the
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