Ref. Status of
Audit Observations Audit Recommendations
Implementation
Property Cards (PCs) maintained by the Property Unit and the
PPELCs of the Accounting Unit are reconciled.
2023 The reported balances of the 2. The Provincial Engineer coordinate with the Provincial Accountant and Unimplemented
AAR, Construction in Progress (CIP) provide the latter with a copy of the Certificate of Project Completion
AO No. account were unreliable due to the of the completed projects so that the proper adjustments may be made
2, page existence of dormant balances of to the CIP accounts.
39 projects worth P2,374,876.20 and the
delayed reclassification of completed 3. Require the Provincial Accountant to: Unimplemented
infrastructure projects costing
P210,708,137.01 to its proper asset a. Conduct verification, analysis, and validation of the accounts; The Provincial Accountant
accounts contrary to Section 50 of the b. Prepare the necessary adjusting entries for correction of inadvertent sent a letter request to the
NGAS Manual, Volume I, resulting in errors; PEO and is still waiting for
the overstatement of the asset and c. Close the cost directly attributable to the completed CIP accounts the complete submission of
equity accounts by the amount of to the appropriate infrastructure asset account; and the documents.
depreciation that should have been d. Compute the applicable depreciation expense to arrive at an
provided from the time the projects accurate and reliable carrying balance of the PPE, pursuant to
were completed. Section 50 of the NGAS Manual, Volume I, and paragraph 71 of
IPSAS No. 17.
2023 Various vaccines received as regular 4. Ensure that the PGSO and PHO reconcile the report of the physical Implemented
AAR, allocations from the Department of count conducted with the SCR and other pertinent records maintained
AO No. Health (DOH), costing by the PHO;
3, page ₱49,857,733.44, were not recorded in
41 the books, contrary to paragraphs 96 5. Instruct the PGSO and PHO to provide the Provincial Accountant with Implemented
and 97 of IPSAS 23, resulting in an the detailed list of vaccines received as donations and issuances thereof
understatement of the inventory and for the year ended December 31, 2023, and subsequent years; and
revenue accounts by an amount
equivalent to the value of the 6. Require the Provincial Accountant to properly recognize these donated Implemented
remaining 51,104 vials of vaccines as vaccines in accordance with paragraphs 96 and 97 of IPSAS 23.
of December 31, 2023.
104
