Long-outstanding unliquidated advances aged over 15 years
Department of Public Works and Highways · 2023
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What Happened?
Category: Financial ManagementIssue: Non-complianceSome local governments received money over 15 years ago and still have not accounted for it. The district office has sent many demand letters, but got no response, so they are now trying to get permission to write off the old debts.
Why It Matters
Recommended Actions
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Original Audit Finding Excerpt
"Samar 1st DEO - The Finance Section have continuously sent demand letters to the respective LGUs but neither did they submitted any document for liquidation nor any feedback pertaining to their actions to be taken in this matter. However, request for authority to write-off was already initiated as duly acknowledged by the COA Office. The said advances were aged more than 15 years since it was granted on CY 2003 and 2006 respectively."