Reason for
Agency Action Plan (for Partially Implemented and Not Implemented Taanlementst Partial elay/No Action Taken/Action
ee a i att | Recommendations) ane] LO | implementation, ta be Taken epee
if applicable
Audit Observations | Audit Recommendations | Action Plan/
Remarks
This column shail be filled out by the person! ‘i Date
agency, detailing the appropriate Rex onsible
course of action on the audit P
observation identified. [to |
[From [To
completion of the | were donated to the corresponding
inventory, a thorough | municipalities; awaiting for their
reconciliation will be | reply.
conducted between the
results of the physical
count, the records in
the Registry, and the
books of accounts. Any
discrepancies
identified during the
reconciliation process
be promptly addressed.
in accordance with the
guidelines set forth in
COA Circular No.
2015-008 dated
November 23, 2015,
and COA Circular No.
2020-006 dated
January 31, 2020, to
ensure that all road
network assets are
accurately reflected in
the financial statements
and comply with
established accounting
and reporting
standards.
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