The report of semi-expendable property issued was wrong by about 314,000 pesos because some items were not recorded and some were put in the wrong account.

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Original Audit Finding Excerpt

"163 (c) other lapses/deficiencies noted in the internal control system in the cash management of DPWH Offices contrary to Section 3, Chapter 21, Volume I of the Government Accounting Manual for National Government Agencies and COA Circular No. 97-001. a) Unreconciled discrepancies between the books and confirmed bank balances – P6,552,174.04 2.1 Section 3, Chapter 21, Volume I of the GAM for NGAs provides : “the Bank Reconciliation Statements (BRS) shall be prepared in order to: (a) check the correctness of both the bank’s and agency’s/entity’s records; (b) serve as deterrent to fraud; and (c) enable the agency/entity or bank to take up charges or credits recognized by the bank or agency/ entity but not yet known to the agency/entity or bank. This shall be used in the reconciliation of bank and treasury accounts maintained with Government Servicing Bank (GSB).” 2.2 The reported Cash-in-Bank balance of P6,552,174.04 of Camarines Sur 5th DEO in Region V pertained to"

Source Document