GAI/SAI Focus Area Remarks
7. Receivables With audit finding – AO No. 2
(Loans and Receivable Accounts: i) Real
Property Tax Receivable, ii) Special Education
Tax Receivable)
8. Advances No sufficient and competent
(i) Advances to Officers and Employees, ii) evidence to warrant inclusion of
Advances to Special Disbursing Officer, iii) audit observation
Advances for Payroll)
9. Other Receivables No sufficient and competent
( i) Due from Officers and Employees, ii) Due evidence to warrant inclusion of
from NGOs / Pos) audit observation
10. Breeding Stocks Biological Assets – with audit
finding – AO No. 3
11. Financial Liabilities No sufficient and competent
(Accounts Payable: Bills / Bonds / Loans Payable, evidence to warrant inclusion of
i) Loans Payable – Domestic; Inter-Agency audit observation
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 (BIR) No sufficient and competent
on taxes withheld from employees and suppliers in evidence to warrant inclusion of
accordance with RA No. 8424 and its IRR under audit observation
BIR RR No. 02-98
16. Premium contributions and loan amortization to the No sufficient and competent
Government Service Insurance System (GSIS) and evidence to warrant inclusion of
Home Development Mutual Fund in accordance audit observation
with RA No. 8291 and RA No. 9679, respectively
17. Premium contributions and remittance to PhilHealth No sufficient and competent
in accordance with RA No. 7875, as amended evidence to warrant inclusion of
audit observation
18. Audit of Official Development Assistance (ODA) The municipality did not receive
any ODA funds in CY 2024.
19. LGSF – Support to the Barangay Development There were no funds received by
Program of the National Task Force to End Local the municipality in CY 2024.
Communist Armed Conflict (NTF-ELCAC)
20. Twenty percent Development Fund No sufficient and competent
• Projects completed but not yet recorded evidence to warrant inclusion of
• Expenses not related to 20% Development Fund audit observation
