Non-liquidation of funds transferred to implementing agencies/offices
Department of Public Works and Highways · 2023
Severity: HighRecommendation: Unknown
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What Happened?
Category: Financial ManagementIssue: Non-complianceMoney given to other agencies for projects has not been fully accounted for; some has been outstanding for over five years, and DPWH even gave more money while previous amounts were still unliquidated.
Why It Matters
Recommended Actions
No recommendations are available for this finding yet.
Original Audit Finding Excerpt
"unliquidated fund transfers aging more than five (5) years were still noted in CY 2023 audit."