EXECUTIVE SUMMARY
Introduction
The Municipality of Sibulan is a 2nd class Municipality and is among the 19 towns of the
Province of Negros Oriental. On April 2, 1903, by virtue of Republic Act (RA) No. 715,
Sibulan was merged with Dumaguete, which was then a Municipality. On January 31, 1910,
through the passage of RA No. 52, it was separated from Dumaguete and was officially
recognized as a Municipality. Based on the CY 2020 census, it has a population of 64,343
people.
As of December 31, 2024, it had a personnel complement of 363, as shown below:
Nature of Appointment to Office Quantity
Elective Officials 12
Permanent Positions 100
Casuals 41
Job Orders/Co-terminus/Contract of Service 210
Total 363
Audit Objectives
The objectives of the audit were to (a) ascertain the level of assurance that may be placed on
management assertions on the financial statements; (b) determine compliance of management
with laws, rules, and regulations on the pre-identified audit thrusts/areas and recommend
agency improvement opportunities thereon; and (c) determine the extent of implementation of
prior years’ audit recommendations.
Audit Methodology
The Commission has been implementing a risk-based audit in the conduct of its audit services.
However, to meet the evolving developments in public governance and fund management, the
results-based approach in the audit was incorporated.
Scope of Audit
An audit was conducted on the accounts and operations of the Municipal Government of
Sibulan for CY 2024. The audit consisted of a review of operating procedures, evaluation of
the LGU’s programs and projects, interviews of concerned government officials and
employees, verification, reconciliation, confirmation, inspection, and analysis of accounts, and
such other procedures as considered necessary.
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