STATUS OF IMPLEMENTATION OF PRIOR YEARS’ AUDIT RECOMMENDATIONS
Of the remaining 29 audit recommendations, 5 were implemented and 24 were unimplemented, as shown in the results of validations
presented below:
Status of
Ref. Audit Observation Audit Recommendation Management Comment/Action
Implementation
AAR The Municipality of Vallehermoso did We recommended and Management
2023 not take advantage of the guidelines and agreed to:
procedures of COA Circular No. 2020-
006 dated January 31, 2020, on the one- 1. Strictly follow the guidelines and The Inventory Committee had Not
time cleansing of Property, Plant, and procedures in the conduct of already started the inventory count Implemented
Equipment (PPE), thus adversely physical count of PPE, Recognition per office last Dec. 13, 2024.
affecting the fairness of presentation of of PPE items found at the station, However, they had not submitted
its financial position in the financial and disposition of any report to the Audit Team. The
statements and may deprive the inexistent/missing PPE items, and Committee planned to wrap up our
government of reliable and useful require the Accountant and Property count in the 1st semester of the CY
information in decision-making and Officer to reconcile their records 2025.
accountability for these assets. based on the results of the actual
physical inventory and effect
necessary adjustments;
2. Adopt the uniform numbering Management had already assigned Not
system for property numbers of PPE property numbers to PPE as Implemented
and require the Property Unit to reflected in the Schedule of PPE;
update the property stickers based however, the items still had no
on the prescribed format and to property stickers.
include the required information
under Sections 5.6 and 5.7 of COA
Circular No. 2020-006 dated
January 31, 2020;
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