Unaccounted or non-existing PPE totaling P224,354,152.52
Department of Public Works and Highways · 2024
Severity: HighRecommendation: Unknown
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What Happened?
Category: Asset ManagementIssue: ErrorThe agency could not find over P224 million worth of property and equipment that should have been on its books. It made accounting entries to fix the records.
Why It Matters
Recommended Actions
No recommendations are available for this finding yet.
Original Audit Finding Excerpt
"Unaccounted/Non-existing PPE – P224,354,152.52"