The description of financial expenses incorrectly mixes up interest expenses with federal income tax, which does not accurately reflect the nature of these expenses.

The description of unearned income is wrong; it is stated as an amount owed by taxpayers, but unearned income is actually a liability that the municipality owes, not an asset.

Some transactions that should have been recorded as continuing appropriations were mistakenly recorded as accounts payable, causing errors in the prior period financial records.

The municipality withheld more taxes from employees' salaries than required, and these excess amounts need to be refunded, indicating a failure to comply with tax rules.

Computer software, which is an intangible asset, was incorrectly recorded under property, plant, and equipment in earlier years, leading to incorrect financial statement classifications.

The reported amount of unutilized disaster risk reduction funds for 2021 is much higher than the actual balance shown for the same liability account, which suggests an error in the financial records.

The municipality does not record the cost of unused leave that employees have earned, only when the leave is actually paid out, which does not follow the required accounting standard.

The municipality records all inventory purchases as immediate expenses rather than as assets, which does not follow the required accounting standard and can distort the financial statements.

The financial statements were supposedly approved before the year they cover had even ended, which is impossible and indicates a likely error in the approval date.

The municipality did not submit required quarterly reports on how it used national government funds and did not post them publicly.

The municipality implemented projects using disaster funds that were not listed in its official disaster plan and investment program.

The construction logbook was incomplete, missing important details about work progress and equipment.