Ref. Status of
Audit Observations Audit Recommendations
Implementation
2020 Management did not monitor 82. The Provincial Accountant a) demand immediate liquidation of funds Unimplemented: The
AAR, liquidation neither did the Provincial transferred to different agencies and to ensure that subsequent fund Provincial Accountant had
AO No. Accountant process and take up transfers be granted, utilized and liquidated in accordance with COA exerted extra effort to
2, page liquidations of funds transferred to Circular No. 94-013 dated December 13, 1994; b) confirm and ensure that the liquidations
40 various national government agencies, reconcile balances with the IAs; c) prioritize verification of the of funds transferred were
government-owned and/or controlled liquidation reports submitted by the IAs to avoid overstatement of the submitted and recorded in
operations, local government units and receivable accounts in the financial statements; and d) ensure that funds the books. Agencies could
non-government are released to IAs only when covered by an agreement or contract and no longer avail of further
organization/peoples’ organizations funds released to IAs are correctly taken up in the books as trust subsidies and assistance if
amounting to ₱82,920,937.16, which liabilities by requiring them to submit a copy of the journal entry an unliquidated balance
remained unliquidated for more than voucher taking up the funds received. still existed. However,
one year to more than five years, liquidation remained
contrary to Section 4.6 of COA dependent on the
Circular No. 94-013 dated December implementing agencies'
13, 1994 and Section 5 of COA responses.
Circular No. 2007-001 dated October
25, 2007, exposing government funds Verification of
to possible loss for failure of recipients unliquidated "Due From"
to account for the funds and accounts revealed that out
overstated, as well, the receivables of of ₱82,920,937.16, a total
the Province as of December 31, 2020. of ₱67,741,911.82 had
already been liquidated,
leaving an unliquidated
balance of ₱15,179,025.34
as of December 31, 2024.
2020 Liquidation of cash advances granted 83. Management requires the concerned accountable officers to submit to Unimplemented: The
AAR, for the meals of in-patients of various the Audit Team valid evidence of receipts of payment for the purchases proof of receipts of
AO No. hospitals and inmates of the Negros of food/meal items aggregating to P11,014,076.24 in conformity with payment for the purchases
Oriental Detention and Rehabilitation COA Circular No. 2004-006 dated September 9, 2004, and to ensure of meals for inpatients of
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