Status of
Ref. Audit Observation Audit Recommendation Management Comment/Action
Implementation
and reconciling the accounts, thus Municipal Accountant should apply the guidelines and procedures
rendering both accounts unreliable. closely monitor transactions in COA Circular 2023-008 dated
affecting reciprocal accounts and August 17, 2023, in requesting the
ensure that these are recorded in the write-off of dormant and
different funds simultaneously to untraceable accounts.
avoid any error or omission.
AAR Six (6) Job order personnel assigned in 13. We strongly recommended that Management had already submitted Implemented
2021 the Office of the Municipal Treasurer Management ensure that all the Confirmation Letters of the
that undertake the duties and accountable officers of the LGU, bonded officials, including the List
responsibilities of a collecting especially Job Order personnel, of Accountable Officers for CY
officer/agent were not properly bonded shall always be properly bonded 2024.
as required contrary to the provisions in pursuant to the provisions in Section
Section 101 (2) of P.D. No. 1445 and 101 (2) of P.D. No. 1445 and Item
Item 4.1.2 of Treasury Circular No. 02- 4.1.2 of Treasury Circular No. 02-
2019 dated April 25, 2019. 2019 dated April 25, 2019.
14.
AAR Funds transferred to other LGUs 14. We recommended that the Management had already requested Not
2018 amounting to ₱108,697.04 recorded Municipal Accountant review the the write-off for the account on Implemented
under the account Due from other LGUs 2003 journals and ledgers to 06/09/2023 and refiled the same on
were not properly recorded in identify the local government units 07/282023. However, Management
subsidiary ledgers nor was the to whom the amounts had been still had to apply the guidelines and
liquidation thereof followed up, thus transferred and to demand procedures in COA Circular 2023-
have remained dormant since their liquidation thereof. If these efforts 008 dated August 17, 2023, in
recognition in CY 2003 while the prove futile, the municipality may requesting the write-off of dormant
debtors thereof could not be identified, request the write-off of the and untraceable accounts.
adversely affecting the fairness of receivables in accordance with
presentation of assets in the financial COA Circular No. 2016-005 dated
statements. December 19, 2016.
AAR GSIS premiums amounting to 15. We recommended that the Management still had to locate the Not
2018 ₱357,675.20 aged one month to over officials and employees whose supporting documents related to the Implemented
five years remained unremitted as of premiums remain unremitted be employees’ GSIS premiums.
December 31, 2018 contrary to made to immediately comply
53
