Status of
Ref. Audit Observation Audit Recommendations
Implementation
allowances, honoraria, and other
similar expenses in the absence of
the requisite supporting documents.
AAR 4. Fund transfer amounting to We recommended that the Municipal
2023 ₱1,500,000.00 from the General Accountant:
p.41 Fund to the Trust Fund representing
the Municipality’s counterpart for 6. Reclassify the fund transfer Implemented
the DSWD KALAHI-CIDSS erroneously recorded as an outright
Program was erroneously recorded expense by making the following
to expense account “Transfers for adjusting entry in the General Fund
Project Equity Share/LGU books of accounts:
Counterpart” (5-02-15-020) instead
of asset account “Due from Other Due from Other Funds ₱1,500,000.00
Funds” (1-03-04-050). Hence, the Prior Period Adjustment
expense and asset accounts were ₱1,500,000.00
overstated and understated,
respectively, by the same amount, 7. Refer to the description of accounts Implemented
affecting the fairness of the as a guide in recording financial
presentation of the financial transactions in the books of
statements as of December 31, accounts pursuant to COA Circular
2023. No. 2015-009 dated December 1,
2015, to avoid erroneous entries.
AAR 5. The Municipality purchased a 8. We recommended that, henceforth, Implemented
2023 reconditioned four-wheel drive jeep Management strictly follow the
p.43 amounting to ₱875,000.00 contrary omnibus guidelines for acquiring
to Section 9.1 of Department of government motor vehicles outlined
Budget and Management (DBM) in DBM BC No. 2022-1 dated
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