Compliance with Home Development Mutual Fund Law of 2009 (RA No. 9679)
Department of Public Works and Highways · 2024
Severity: ModerateRecommendation: Unknown
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What Happened?
Category: Financial ManagementIssue: Non-complianceOld Pag-IBIG contributions had not been fully reconciled. The agency formed a team to fix it, but the leftover balance was still being worked on.
Why It Matters
Recommended Actions
No recommendations are available for this finding yet.
Original Audit Finding Excerpt
"However, dormant account is subject to on -going analysis and reconciliation by the Management. Reiterated in Part II under Par. No. 28.6."