Unreleased and Cancelled Checks
Department of Public Works and Highways · 2023
Severity: HighRecommendation: Unknown
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What Happened?
Category: Cash ManagementIssue: Internal Control DeficiencyThe office had almost 80 million pesos in checks that were not given out, and cancelled many others. This shows weak control over payments.
Why It Matters
Recommended Actions
No recommendations are available for this finding yet.
Original Audit Finding Excerpt
"A total of 28 checks amounting to P79,533,256.36 were unreleased, and 23 checks were cancelled during the year"