Unutilized cash allocations reverted due to payment processing failures and unencashed checks
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-complianceSeveral district engineering offices did not use all the money the government set aside for them, and some of that money had to be returned because of problems like missing paperwork, computer errors, and checks that were never cashed.
Why It Matters
Recommended Actions
No recommendations are available for this finding yet.
Original Audit Finding Excerpt
"Ifugao 1st DEO Undisbursed amount was due to non- payment of some vouchers that were processed on the last day due to lack of some important documents that forced the management to revert the allocated fund. It is ensured that there will be no reverted NCAs in the succeeding period. Ifugao 2nd DEO The undisbursed amount was due to the erroneous entry and system error during the last day of payment. This Office ensures that the same error will not happen again and no NCAs be reverted in the succeeding period. Lower Kalinga DEO The lapsed NCA amounting to P22,948.23 pertains to issued checks on December 2022 and January 2023 that were not encashed after the end of the first quarter of 2023. The Management has submitted written explanation to the Office of the Resident Auditor."