)
Reason for
Agency Action Plan (for Partially Implemented and Not Implemented Laem cnt Par ial/Delay/No Action Taken/Action
Recommendations) fon Implementation, to be Taken.
if applicable
Audit Observations Audit Recommendations | Action Plan/ Target
Remarks Implementation
This coluntn shall be filled out by the eee ent Date
agency, detailing the appropriate Rex ousible
course of action on the audit Ps
observation identified. [From [to _|
2020 Management did not | 89. The Provincial | The PaccO will investigate the non- | PAccO Jan Dec Partial Lack of manpower } To check the accounts
AAR, | monitor liquidation Accountant a) demand | moving accounts and send a demand 2025 2025 | Imptementati involved if liquidations
AO neither did the immediate liquidation | letter requiring liquidation of funds on were received
No. 2, | Provincial Accountant of funds transferted to | transferred.
page Process and take up different agencies and
40 liquidations of funds to ensure that
transferred to various subsequent fund
national = government transfers be granted,
agencies, government- utilized and liquidated
owned and/or in accordance with
controlled operations, COA Circular No. 94-
local government units 013 dated December
and noa-government 13, 1994; b) confirm
organization/peoples’ and reconcile balances
organizations with the TAs; o)
amounting to prioritize verification
P82,920,937.16, which of the liquidation
remained unliquidated reports submitted by
for more than one year the IAs to avoid
to more than five years, overstatement of the
contrary to Section 4.6 receivable accounts in
of COA Circular No. the financial .
94-013 dated statements; and d)
December 13, 1994 ensure that funds are
and Section 5 of COA released to IAs only
Circular No. 2007-001 when covered by an
dated October 25, agreement or contract
2007, exposing and funds released to
government funds to TAs are cortectly taken
T ~~" possible loss for failire | “ipin tlie books as ‘trust I
of recipients to account liabilities by requiring
