Years presented
Account Amount in the
Notes to FS
Welfare Goods for Distribution ₱ 260,446.00 2024, 2023
Agricultural and Marine Supplies for 2024, 2023, 2022
1,065,794.00
Distribution
Construction Materials for 2024, 2023, 2022,
58,275.00
Distribution 2021, 2020, 2019
Agricultural and Marine Supplies 2024, 2023, 2022,
20,116.00
Inventory 2021, 2020, 2019
Other Supplies and Materials 2024, 2023
67,577.75
Inventory
Total ₱1,472,208.75
3.2.2.3. The above non-movement of supplies resulted from the Accounting
Office's failure to keep the required SLC for each commodity/stock
and the Municipal Treasurer's non-maintenance of stock cards for
the receipt and disposition of supplies, especially those acquired in
the previous years.
3.3. As a result, the existence and accuracy of the recorded inventory items could not be
ascertained, thus affecting the fairness of the presentation of these accounts in the FS.
3.4. We recommended and Management agreed that the:
3.4.1. Inventory Committee prepare and submit a copy of the inventory reports
to the Auditor to verify compliance with Section 124 of the NGAS Manual
for LGUs, Volume I; and
3.4.2. Municipal Accountant and Municipal Treasurer maintain the supplies
ledger cards and stock cards, respectively.
43
