APMT — Page 3 of 90
AGENCY ACTION PLAN and STATUS of IMPLEMENTATION RESULTS of COA VALIDATION
Agency Action Plan (for Partially Implemented
and Not Implemented Recommendations) Reason for Actual
Status of Partial/Delay/ Action Date Status of
Audit Action Plan/ Target Implementation
Ref. Audit Observations Person/ Implemen- Non- Taken/Action Follow Implemen- Remarks
Recommendations Remarks Department Implementati Implementation, Date
Responsible tation to be Taken Up tation
on Date if applicable
From To From To
2024 The depreciation 3. Ensure the The Provincial PAccO June Dec Fully - Establish the 7/16/25 Partially An inquiry with the PGSO, one of
AAR, expense for the Road immediate Accountant’s Office Implemented LRNLCs for Implemented the members of the RIC,
AO No. Network, with an establishment and has already updating confirmed that a physical count
2, page accumulated proper established and of local road networks has not
41 depreciation balance maintenance of maintained LRNLCs yet been conducted.
of ₱471,365,166.38, LRNLC for all road for the existing
was calculated using a networks and their provincial roads
uniform estimated components identified by the PEO.
useful life of ten years prescribed in However, the PEO has
and a 10% salvage Annex D of COA yet to submit the
value for the total cost Circular No. 2015- repairs and
rather than for each 008 and based on maintenance cost
road component, a thorough attributable per
contrary to COA physical inventory provincial road for CY
Circular No. 2015-008 of all road 2022 and 2023 to
and paragraph 73 networks and their update records.
IPSAS 17, thus raising components.
concerns about the
reliability of the 4. Following the Accordingly, this office PAccO Not For For JEV Not
balance and resulting physical inventory will adjust the Implemented recomputation preparation Implemented
in an undetermined and reconciliation computation of and adjustment
amount of of records, depreciation for LRN in of accounts
discrepancy. depreciation accordance with COA
expenses be Circular No. 2015-008
recomputed and paragraph 73
separately for each IPSAS 17.
road component
and any necessary
adjustments be
reflected in the
books of accounts
to ensure
compliance with
IPSAS 17 and
COA Circular No.
2015-008.
2024 The reliability of the 5. The Provincial The PaccO is already PAccO June Dec Partially Lack of data For further 7/16/25 Partially A review of the subsidiary
AAR inventory accounts Accountant maintaining the Implemented monitoring and Implemented ledgers of the inventory
AO No. totaling ensures to: Supplies Ledger Card Lack of verification of accounts as of September 30,
3, page ₱557,966,849.17 for each inventory personnel in the accounts 2025, revealed that the negative
43 could not be item. Beginning PAccO office –