Cash Advances Granted to Undesignated, Unbonded, and Incompatible Personnel
Department of Public Works and Highways · 2023
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What Happened?
Category: Cash ManagementIssue: Non-compliancePeople who were not officially designated or bonded to handle government money took cash advances and made payments, and even worse, some had jobs that should not involve cash handling at all.
Why It Matters
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Original Audit Finding Excerpt
"Disbursements during CY 2023 disclosed that cash advances totaling P1,087,417.15 for various operating expenses other than official travel were granted to officers and employers who were not bonded and not duly designated as Disbursing Officers/Special Disbursing Officers (SDOs)."