Reason for
Agency Action Plan (for Partially Implemented and Not Implemented Status ventae Partial/Delay/No Action Taken/Action
Recommendations) we Implementation, to be Taken
if applicable
Audit Observations | Audit Recommendations | Action Plan/ Target
Remarks Implementation
This column shall be filled out by the | Person! Date
, P Department
agency, detailing the appropriate Responsible
course of action on the audit Pt
observation identified. [From [To |
5 a
COVID-19 pandemic,
3019 | Purchases of various | 95, Provide the GSO with | To request funds for the lease of an | PGO,PGSO | June July | Fully Funds for the lease are
AAR, | supplies and materials adequate and safe | adequate and safe storage facility. 2025 2025 | Implemented already included in the
AO amounting to storage facilities for the Budget Proposal for
No. 2, | P28,673,168.85 were supplies and materials CY 2026.
page simultaneously purchased;
34 recorded to the related
inventory and expense | 96. Require the Accountant | Implemented the recommended ) PAccO January | Dec Implemented Continue monitoring
account upon purchase to record to the expense | practice in recording Purchases and 2025 2025 the implementation of
contrary to Sections accounts the supplies | Inventory of supplies and materials, this practice
114, 116 and 121 of the consumed on the basis | Upon receipt/delivery of
New Government of the SSMI and to | inventoriable purchases, they are
Accounting System maintain perpetual | recorded as inventory. They are
(NGAS) Manual, inventory records to be | dropped from the inventory account
Volume I, thus reconciled periodically } and recorded as expense upon receipt
eliminating the with the records of | of SSMI submitted by the PGSO.
required accounting of GSO, in order to fairly
the receipt and present the expense and
utilization established inventory accounts in
through the use of the financial
Requisitions and Issue statements.
Slips (RIS) and
Summary of Supplies
and Materials Issued
(SSMD, which could
result in the
misstatement of
_—|————|-inventory-and-expense_j__ ee __|
accounts at the end of =
the year.
'
{
|
