Ref. Status of
Audit Observations Audit Recommendations
Implementation
47. The Provincial Accountant make sure that the request for authority to Unimplemented: The
write-off dormant receivables is accompanied by complete supporting lacking documents for the
documents as enumerated under Section 8 of COA Circular No. 2016- request for the write-off of
005 to avoid denial of such a request and that the Provincial Governor dormant cash advances had
files the said request to address the overstatement of receivable not been submitted to the
accounts in the financial statements due to the remote possibility of Audit Team for re-
their settlement. evaluation due to
difficulties in gathering the
required documents.
2022 Work texts, short story books, and 48. The Local School Board and the General Services Officer furnish the Implemented
AAR, other learning materials donated to the Provincial Accountant with a copy of the ITR, RSPI, and the Deed of
AO No. Department of Education (DepEd) or Donation as the basis for the derecognition of the donated properties in
5, page for distribution to the different districts the books of accounts pursuant to Sections 4.7.5 and 4.7.7 of COA
49 and schools under the Negros Oriental Circular No. 2022-004 dated May 31, 2022, and Article 748 of
Division with a book value of Republic Act No. 386.
₱36,905,028.60 were erroneously
recorded under PPE, specifically, the
Books account, instead of Textbooks
and Instructional Materials for
Distribution or the appropriate expense
account upon distribution to end-users,
contrary to COA Circular No. 2015-
009 dated December 1, 2015, and the
pertinent provisions of IPSAS No. 12,
thus, resulting in the overstatement of
PPE by ₱23,744,128.61, the carrying
amount of the inventory items,
adversely affecting the fairness of the
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