GAI/SAI Focus Area Remarks
Equipment; Transportation Equipment:
i) Motor Vehicles, ii) Watercraft,
iii) Other Transportation Equipment;
Furniture and Fixtures; Other PPE
6. Books No sufficient and competent evidence to
warrant inclusion of audit observation
7. Receivables With audit finding – AO No. 7
(Loans and Receivable Accounts: i) Real
Property Tax Receivable, ii) Special
Education Tax Receivable)
8. Advances No sufficient and competent evidence to
(i) Advances to Officers and Employees, ii) warrant inclusion of audit observation
Advances to Special Disbursing Officer, iii)
Advances for Payroll)
9. Other Receivables With audit finding – AO No. 10
(i) Due from Officers and Employees, ii)
Due from NGOs / Pos)
10. Breeding Stocks Biological Assets – with audit finding
– AO No. 8
11. Financial Liabilities With audit finding – AO No. 11
(Accounts Payable: Bills / Bonds / Loans
Payable, Loans Payable – Domestic; Inter-
Agency Payables, i) Due to NGAs, ii) Due
to LGUs)
12. Trust Liabilities No sufficient and competent evidence to
warrant inclusion of audit observation
13. Drugs and Medicines Expenses No sufficient and competent evidence to
warrant inclusion of audit observation
14. Other MOOE No sufficient and competent evidence to
warrant inclusion of audit observation
E. Non-Financial Audit Issues for Mandatory
Reporting in the AAR
15. Remittance to the Bureau of Internal Revenue No sufficient and competent evidence to
(BIR) on taxes withheld from employees and warrant inclusion of audit observation
suppliers in accordance with RA No. 8424
and its IRR under BIR RR No. 02-98
16. Premium contributions and loan amortization No sufficient and competent evidence to
to the Government Service Insurance System warrant inclusion of audit observation
(GSIS) and Home Development Mutual
Fund in accordance with RA No. 8291 and
RA No. 9679, respectively
17. Premium contributions and remittance to No sufficient and competent evidence to
PhilHealth in accordance with RA No. 7875, warrant inclusion of audit observation
as amended
18. Audit of Official Development Assistance The municipality did not receive any
(ODA) ODA funds in CY 2024.
