STATUS OF
IMPLEMENTATION/
REFERENCE OBSERVATION RECOMMENDATION
RESULTS OF
VALIDATION
2022 AAR The validity, accuracy, and existence of the 18. The Local Chief Executive create an Unimplemented
AO No. 1, movable Property, Plant, and Equipment Inventory Committee to conduct the This was restated in the
page 32 (PPE) with a net book value of ₱ physical count of PPE in accordance with audit of CY 2024
75,863,022.76 as of December 31, 2022, Section 124 of the NGAS Manual for accounts as AO No. 1.
could not be ascertained due to the lack of LGUs, Volume I, and direct the
a physical inventory count, contrary to Accounting and Property Units to
Section 124 of the Manual on the New reconcile the results of the physical count
Government Accounting System (NGAS) with the related property and accounting
for Local Government Units (LGUs), records pursuant to the pertinent
Volume I. Consequently, the balances of provisions of COA Circular No. 2020-006
the movable PPE accounts are unreliable, dated January 31, 2020, to ensure the
affecting the fair presentation of these accuracy of the reported PPE balances in
accounts in the financial statements. the financial statements.
19. Management also avail the one-time Unimplemented
cleansing of non-existing or missing PPE This was reiterated in the
items in accordance with Section 8.0 of audit of CY 2024
the same Circular to ensure that reported accounts as AO No. 1.
PPE balances are verifiable as to
existence, condition, and accountability.
2022 AAR The Municipality paid a total of 20. The LCE use the CF for confidential Implemented
AO No. 5, ₱123,000.00 via reimbursements for expenses and submit the liquidation (Closed due a change in
Page 39 confidential expenses, contrary to Item reports to ICFAU pursuant to COA, condition)
3.23 of the Commission on Audit (COA), DBM, DILG, GCG, and DND Joint
Department of Budget and Management Circular No. 2015-01 dated January 8,
(DBM), Department of Interior and Local 2015.
Government (DILG), Governance
Commission for GOCCs (GCG) and
Department of National Defense (DND)
Joint Circular No. 2015-01 dated January
8, 2015, thus, supporting documents were
not submitted to the Intelligence and
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