Annex A
Status of
Ref. Observation Recommendation Implementation/Results
of Validation
December 31, 2003 entities to settle their Verification of accounts
have remained accounts or initiate receivable was still
outstanding in the appropriate actions ongoing.
books for more than to recover the
two years and have amount.
not been reviewed as 52. Management request Unimplemented
to validity or authority from the
recommended for proper officials to Retrieving the source
write-off, thus the write-off receivables documents for the
reported asset which are deemed mentioned receivables,
accounts may no uncollectible and no particularly the KKK
longer be valid and longer valid. receivables, had been
recoverable. challenging. Therefore, a
write-off cannot be
requested at this time.
AAR The Municipal 53. Management Unimplemented
2010 Treasurer did not improve its internal
maintain Stock Cards control system on Lack of personnel to
for supplies and asset management, focus on preparing and
Property Cards for by ensuring that all maintaining the Stock
Property, Plant and Property issued are Cards.
Equipment, in properly
violation of Sec. 119, documented, duly
Volume I of the receipted and
NGAS Manual, thus recorded.
proper accountability 54. Management comply Unimplemented
cannot be easily with existing rules
established. and regulations on Due to the shortage of
supplies and personnel, management
property. was unable to fully
comply.
