STATUS OF
IMPLEMENTATION/
REFERENCE OBSERVATION RECOMMENDATION
RESULTS OF
VALIDATION
Confidential Fund Audit Unit (ICFAU)
and confidential information was exposed
to unauthorized personnel.
2022 AAR The Subsidiary Ledger (SL) for the Cash in 21. The Municipal Accountant create an SL Implemented
AO No. 6, Bank - Local Currency, Current Account for Cash in Bank - Local Currency,
Page 40 (LCCA) under the 20% Development Fund Current Account (LCCA) under the 20%
(DF) was not maintained contrary to DF and to use the pro-forma accounting
Section 313 of Republic Act (R.A) No. entries under Section 111 of the NGAS
7160 and Section 107 of the New Manual for LGUs, Volume 1, on the
Government Accounting System (NGAS) receipt of Share from IRC.
Manual for Local Government Units
(LGUs), Volume I. Hence, no Cash in
Bank-LCCA account exists in the financial
statement of the 20% DF, resulting in
inadequate information on the assets of the
special account.
2022 AAR The unexpended balance of the previous 22. The Local Chief Executive coordinate Unimplemented
AO No. 7, years’ LDRRMF of ₱7,644,339.29 with the LDRRM Officer and LDRRM
Page 42 recorded under the Trust Liabilities- Council in incorporating in the
Disaster Risk Reduction and Management LDRRMFIP the projects and activities to
Fund (DRRMF) was not incorporated in the be charged to the unexpended LDRRM
LDRRMF Investment Plan (LDRRMFIP) Fund of the previous years, in accordance
for CY 2022, contrary to COA Circular No. with the provisions of COA Circular
2012-002 dated September 12, 2012, 2012-002.
hence, funds were idle for CY 2022 which
could have been utilized for disaster
preparedness, prevention, and mitigation of
the Municipality.
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