|
Reason for
Agency Action Pian (for Partially Implemented and Not Implemented Santee nee | PartiaDelayiNe | action Taken/Action
Recommendations) ion Implementation, to be Taken
if applicable
Audit Observations Audit Recommendations | Action Plan/
Remarks
This column shall be filled out by the | Person! | Date
agency, detailing the appropriate Rex onsible
course of action on the audit sp
observation identified. [From [To |
Government Equity two years and for those | JEV recording the original entry and
accounts as of more than two years, | the reversal entry (stale status).In the
December 31, 2018. respectively; preparation of the JEV, we recognize
a debit for the Cash in Bank and credit
101,Require the OIC- | for Accounts Payable and Prior Years’
Provincial Treasurer | Adjustment for stale checks less than
and the OIC-Provincial | two years and for those more than two
Accountant to | years, respectively, If the check is
regularly monitor and | stale during the same year as it was
determine stale checks | issued we debit Cash in Bank and
requiring issuance of | Credit the corresponding
replacement checks, Expense/Inventory/Receivable
account.
| Accounting entries recognizing stale
status were posted last April 2019 and
June 2019 under the General Fund.
Under the TF, journal entries were
made last Aug 2019, Nov 2023 and |
the latest being July 2025 (300-
2025070004). This is in the total
amount of 473,584.85. The
remaining balance under TF (PNB
account) in the amount of P22,130.29
remains unaccounted for due to the
limited data available. 9 An
investigation was done by the PTO
regarding this PNB account.
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