Ref. Audit Observations Audit Recommendations Status of Implementation
Circular No. 97-002 dated February 17. We also recommended that no Unimplemented
10, 1997. This led to overlapping additional cash advances be Overlapping cash advances had been
cash advances, unnecessarily granted to the DO unless the noted in CY 2024.
exposing government funds to risk of previous cash advance is settled or
loss through misapplication. properly accounted for.
AAR 6. Inconsistent with Sections 4.8 18. We recommended that the Implemented
2023 and 5.1 of Treasury Circular No. 02- Municipal Treasurer and the AOs
p.48 2019 dated April 25, 2019, five monitor the effectivity and
Accountable Officers (AOs) with expiration dates of their respective
expired fidelity bonds, including two fidelity bonds and see to it that
with insufficient fidelity bonds, were renewal thereof be made before the
still allowed to continue performing expiration.
their duties and functions thus, there
is the risk that unrelieved losses of 19. We further recommended that, Implemented
cash through defalcations, robbery, henceforth, no AO shall be allowed
and fire may not be recovered. to perform their duties and
responsibilities with expired
fidelity bonds and ensure that cash
advances granted to AOs do not
exceed the maximum
accountability covered by their
fidelity bonds to protect the interest
of the Municipal government.
AAR 7. Management has not yet taken 20. We recommended that Unimplemented
2023 tangible and substantial steps toward Management review the Management had yet to fully
p.52 compliance with the pertinent Municipality’s functions, systems implement this.
provisions of CSC-COA-DBM JC and procedures, organizational
No. 1, s. of 2017 as amended by structure, and staffing pattern to
75
