Payments made through checks instead of List of Due and Demandable Accounts Payable
Department of Public Works and Highways · 2023
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What Happened?
Category: Financial ManagementIssue: Non-complianceThe agency paid some expenses by check instead of following the required procedure of using the List of Due and Demandable Accounts Payable. This violates government accounting rules and may affect financial control and transparency.
Why It Matters
Recommended Actions
No recommendations are available for this finding yet.
Original Audit Finding Excerpt
"Page 87 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 due to constant coordination with the concerned agencies. Lastly, partial liquidation minimizes, if not totally avoids, unliquidated balances that might occur with 100% project completion reporting. 3) To Mitigate Risk Associated with Prolonged Implementation: Prolonged project implementation poses unavoidable and unforeseen risks that could damage documents, making recording unsubstantiated. Approved documents may get lost, damaged, or be subject to fortuitous events such as fire, earthquakes and floods as seen during “Typhoon Ondoy” In some instances, employees in charge of the account and document custodians are r"