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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 reported balance 6. The Provincial The inventory and PVO and 7/16/25 Partially The PGSO has forwarded to the
AAR, of breeding stocks, Agriculturist and physical count of all PAO Implemented Audit Team the Provincial
AO No. valued at the Provincial breeding stocks under Artificial Breeding Center
4, page ₱23,076,711.37, Veterinarian the care of the Livestock and Poultry Inventory,
46 could not be relied complete the Provincial Agriculture Monthly Inventory, and Breeding
upon due to (a) inventory of all Office is still ongoing. Record for the quarters ending
incomplete inventory breeding stocks We are currently March 31 and June 30, 2025.
count, (b) non- and provide the conducting further However, the submitted
maintenance of the Provincial monitoring of the inventory reports were
Work, Other Animals Accountant and project. incomplete.
and Breeding Stocks the Audit Team
Ledger Card, (c) with the results of The Provincial
dormant accounts the physical count, Veterinary Office
exceeding ten years including regularly conducts
totaling information on the inventory of all animals
₱6,717,359.87, and prevailing fair from the breeding
(d) the non-recognition market value and stations under our
and measurement of cost to sell for each supervision.
stocks in accordance item as of the
with IPSAS 27, reporting date. In addition, we are also
thereby causing awaiting the
misstatements in the amendments of the
breeding stocks and Provincial Tax
related accounts for Revenue Code, which
an undetermined will provide the basis
amount. for determining the
prevailing fair market
value and estimated
cost to sell for each
type of breeding stock,
as required for proper
evaluation.
Partially Lack to data To review and Not Breeding stock account balance
7. The Provincial The adjusting entries Aug Dec Implemented submitted to our reconcile the Implemented totalling ₱22,961,511.37 as of
Accountant (a) and Breeding Stocks PAccO office. report June 30, 2025.
prepare the Ledger Card data submitted by
necessary relies on the updated the Provincial
adjusting entries to reports from the Veterinary
record any Offices of the Office.
changes in the fair