Status of
Ref. Audit Observation Audit Recommendation Management Comment/Action
Implementation
accounts in violation of Section 72 of convene the Provincial Appraisal
the New Government Accounting Committee to immediately act in the
System (NGAS) Manual for LGUs, determination of the value of the
Volume II, thus, understating the assets unrecorded lots. Also, direct them to
of the municipality. Moreover, lots process the titling of the lots owned
owned by the local government unit by the municipality and for the
have no certificates of title, which Municipal Budget Officer to
contravenes Section 148 of COA allocate funds for the titling thereof.
Circular No. 92-386.
28. Likewise, instruct the Municipal Not
Accountant to review the land Implemented
account and record in the books of
accounts those lots that are owned
by the municipality. Moreover, the
value of the lots, which will be
determined by the Provincial
Appraisal Committee, shall also be
recorded in the books of accounts to
avoid understatement of assets.
2015 The Municipal Treasurer failed to 29. Require the municipal treasurer to The MTO still had to clarify to Not
ML reconcile the Cash-Other Local follow up on the schedule to be set the Provincial Accounting Implemented
Government Treasury (account 101) by the Provincial Accounting Office Office the account’s existence.
amounting to ₱9,839.42 with the to reconcile Cash-Other Local Once confirmed, Management
records of the Provincial Treasury as Government Treasury with the intended to withdraw the
required under Section 16 of COA corresponding account in the
deposited amount from the
Circular No. 92-382 dated July 3, 1992, Provincial Treasury in pursuance of
thus the municipality could not Section 16 of COA Circular No. 92- Provincial Treasury to the
withdraw its deposits thereby depriving 382 dated July 3, 1992. Thereafter, Municipal Account.
the municipality of its use. she is enjoined to withdraw the
amount so that the municipality can
use it for other projects.
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