Annex A
Status of
Ref. Observation Recommendation Implementation/Results
of Validation
accountability could the Treasurer’s Municipality during the
not be established, Office and regularly audited year.
potentially exposing review and assess the
government funds to effectiveness of the
the risk of loss or current staffing
defalcation. structure to ensure
optimal performance
and compliance.
AAR Monthly Bank 15. The Municipal Unimplemented
2023, Reconciliation Accountant prepare
AO no. Statements (BRS) of and submit to the This was revised in the
8, pagethe Municipality’s Audit Team the audit of the CY 2024
34 bank accounts were monthly BRS accounts in Paragraph
not prepared and pursuant to Sections Nos. 6 to 17
submitted to the 3.2 and 3.4 of COA
Auditor contrary to Circular No. 96-011
Section 74 of P.D No. dated October 2,
1445 and Sections 1996
3.2 and 3.4 of COA 16. The Municipal Unimplemented
Circular No. 96-011 Accountant and
dated October 2, Municipal Treasurer This was revised in the
1996, thus the total closely coordinate audit of the CY 2024
balance of the and regularly accounts in Paragraph
accounts Cash in reconcile their Nos. 6 to 17
Bank-Local Currency respective records
Current (1-01-02- for early detection
010) and Cash in and correction of
Bank-Local Currency adjustments and
Savings (1-01-02- errors, if any,
020) could not be pursuant to Section
validated, hindering 74 of PD No. 1445.
the timely
reconciliation book
and bank balances
and the detection of
errors and/or fraud, if
any.
AAR The Municipal 17. The Municipal Unimplemented
2023, Government Health Officer
AO no. purchased ten types (MHO) and the Bids
