ON OY
ky, WO)
5 So REPUBLIC OF THE PHILIPPINES
S )
“| ; COMMISSION ON AUDIT
> é/ REGIONAL OFFICE NO, VII
rT PROVINCE OF NEGROS ORIENTAL
PROVINCIAL SATELLITE AUDIT OFFICE
E.J. Blanco Drive, Piapi, Dumaguete City
Local Government Audit Sector
Audit Group LGAS — G (Negros Oriental 2)
Office of the Supervising Auditor
June 2, 2025 =
HONORABLE MARIANNE S. GUSTILO isp Roig YA!
Municipal Mayor iP ib
Municipality of Vallehermoso ¢
Province of Negros Oriental 6 Se Res
Dear Mayor Gustilo:
We are pleased to transmit the Annual Audit Report (AAR) of the Municipality of
Vallehermoso, Province of Negros Oriental, for the calendar year (CY) 2024 pursuant to Section
2, Article [X-D of the Philippine Constitution and Section 43 of the Presidential Decree (PD) No.
1445, otherwise known as the Government Auditing Code of the Philippines.
The audit was conducted to (a) ascertain the fairness of the presentation of the financial
statements; (b) ascertain the propriety of financial transactions and compliance with prescribed
rules and regulations; c) recommend agency improvement opportunities; and (d) determine the
extent of implementation of prior years’ audit recommendations.
We conducted the audit in accordance with applicable International Standards of Supreme Audit
Institutions (ISSAIs) and we believe that it provides a reasonable basis for our opinion.
We rendered a qualified opinion on the fairness of the presentation of the financial statements
(FS) for the year then ended.
The audit observations and the recommended courses of action, which the Audit Team discussed
with you and your staff in an exit conference on May 27, 2025, are discussed in detail in Part II
of the report. Likewise, Management’s comments are also incorporated in Part II, where
appropriate. The Status of Implementation of Prior Years’ Audit Recommendations are discussed
in Part III of this report.
