Status of
Ref. Audit Observation Audit Recommendations
Implementation
Office (MTO) could not be Municipal Assessor, a periodic corresponding to the declared RPT and
reconciled because the MAO and reconciliation of the balances of SET.
MTO did not maintain subsidiary Basic and Special Education Tax
ledgers and RPT Account dues and RPT Receivable and SET
Registers/Taxpayer’s index cards, Receivable accounts to immediately
respectively, contrary to Section 20 detect and rectify any
of the Manual on the New discrepancies;
Government Accounting System
(NGAS), Volume I, and Section 10, 47. The Municipal Treasurer maintain Unimplemented
Volume II of the same Manual, Real Property Tax Account The Municipal Treasurer also had
thus, the RPT/SET Receivable and Register/Taxpayer’s index card and stopped manually maintaining the
Deferred RPT/SET Income furnish the Municipal Accountant a RPTAR since they already have their
accounts might not have been fairly duly certified list of taxpayers with own automatic registry.
presented in the financial the amount due and collectible for
statements. the current year as basis for
recording the RPT Receivable and
SET Receivable accounts in
accordance with Section 20 of the
NGAS Manual for LGUs, Volume
I; and
Unimplemented
48. The Municipal Accountant There had yet to be a linkage of the
maintain subsidiary ledgers for iTax System to the Accounting Office,
control accounts RPT Receivable so maintaining subsidiary ledgers
and SET Receivable in accordance manually and reconciliation of the
with Section 10 of the NGAS difference between the RPT and SET
Manual for LGUs, Volume II. balances would entail a lot of work,
which the Municipality could not
perform yet due to a lack of manpower.
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