Zamboanga del Sur 1st DEO: Reclassification Dependent on Missing COC and SWA Documents
Department of Public Works and Highways · 2023
This summary was generated automatically from the source document and may contain errors. It is not an official interpretation and should not be relied upon as legal guidance. Review the original excerpt and source document to verify before citing or acting on it.
What Happened?
Category: Financial ManagementIssue: Non-complianceThe accounting office needed official completion certificates and work summaries from the construction staff before it could record the finished projects as fixed assets.
Why It Matters
Recommended Actions
No recommendations are available for this finding yet.
Original Audit Finding Excerpt
"Page 61 of 508 AGENCY ACTION PLAN AND STATUS OF IMPLEMENTATION Ref. Audit Observation Audit Recommendation Agency Action Plan Status of Implementation Reason for Partial/ Delayed/ Non- Implementation, if applicable Action Taken/ Action to be Taken Action Plan Person/Dept. Responsible Target Implementation Date From To Samar 2nd DEO Zamboanga City DEO Zamboanga del Norte 1st DEO Samar 2nd DEO – Partially Implemented Fully Implemented Fully Implemented prepared after recording the reclassification all reclassified items. Samar 2nd DEO - a) The accounting unit had reclassified a total amount of P 3,381,568,060.17 of completed projects from CIP - Infra account to its proper Asset account since 2023 and still continuing preparing JEVs for the other projects that were completed already but still in the CIP account. The Accounting unit are committed to r"