Qualified Audit Opinion
Department of Public Works and Highways · 2024
Severity: HighRecommendation: Unknown
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What Happened?
Category: Financial ManagementIssue: Non-complianceBecause of the many large and uncorrected errors found in the financial statements, the auditor could not give a clean opinion and issued a qualified opinion instead.
Why It Matters
Recommended Actions
No recommendations are available for this finding yet.
Original Audit Finding Excerpt
"Total Uncorrected Misstatements 17,673,264,666.82 Total Identified Misstatements 29,145,971,416.24 Audit Opinion considering the computed Overall Planning Materiality QUALIFIED"