Unsettled Salary Cash Advances of Disbursing Officer Pending Write-Off
Department of Public Works and Highways · 2023
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What Happened?
Category: Financial ManagementIssue: Non-complianceA disbursing officer received cash advances for salaries that have not been settled, and the agency asked COA to write them off, but the request is still waiting for approval.
Why It Matters
Recommended Actions
No recommendations are available for this finding yet.
Original Audit Finding Excerpt
"51 7. Other Current Assets Accounts 2023 2022 (Restated) (In PhP) Advances 95,753,046.21 106,722,533.33 Prepayments 45,247,384,517.19 38,590,269,702.39 Deposits 802,777,146.79 696,134,640.48 Total 46,145,914,710.19 39,393,126,876.20 7.1 Advances Accounts 2023 2022 (Restated) (In PhP) Advances for Operating Expenses 30,000.00 0.00 Advances for Payroll 72,561,416.03 84,288,276.01 Advances to Special Disbursing Officer 770,623.82 77,403.17 Advances to Officers and Employees 22,391,006.36 22,356,854.15 Total 95,753,046.21 106,722,533.33 7.1.1 Advances for Operating Expenses account is used to recognize in the agency books the amount of advances granted to accountable officers for payment of operating expenses of operating/field units and foreign posts not maintaining complete set of books of accounts. Balance pertains to the amount granted to accountable officers for payment of operatin"