STATUS OF IMPLEMENTATION OF PRIOR YEARS’ AUDIT RECOMMENDATIONS
Of the remaining 47 audit recommendations, four were implemented and 43 were unimplemented, as shown in the results of validations
presented below:
Management Status of
Ref. Audit Observation Audit Recommendation
Comment/Action Implementation
AAR The Municipality did not take We recommended that Management
2023 advantage of the guidelines observe the guidelines and procedures
and procedures of COA provided in COA Circular No. 2020-006
Circular No. 2020-006 dated dated January 31, 2020, for the one-time
January 31, 2020 on the one- cleansing of PPE account balances to have
time cleansing of Property, reliable PPE balances that are verifiable as
Plant and Equipment (PPE), to existence, condition, and accountability
thus adversely affecting the as follows:
fairness of presentation of the
financial position in the 1. Strictly follow the guidelines and The Inventory Committee Not Implemented
financial statements and may procedures in the conduct of the physical still had not conducted an
deprive the government of count of PPE, recognition of PPE items inventory of the
reliable and useful information found at station, and disposition of non- Municipality’s properties.
in decision-making and existing or missing PPE items, and
accountability for these assets. require the Accountant and Property
Officer to reconcile their records based
Reiterated in Part II of this on the results of the actual physical
Report inventory and effect necessary
adjustments;
2. Submit the approved PIP to the COA The Inventory Committee Not Implemented
Audit Team within the prescribed period; still had not prepared the
PIP.
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