Non-derecognition of completed infrastructure projects not fully implemented
Department of Public Works and Highways · 2024
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What Happened?
Category: Financial ManagementIssue: Non-complianceCompleted projects that have been handed over to other agencies are still listed on DPWH's books; the removal of these assets is incomplete.
Why It Matters
Recommended Actions
No recommendations are available for this finding yet.
Original Audit Finding Excerpt
"Some completed projects are still due for adjustment upon submission of lacking turn -over documents such as Certificate of Acceptance, Property Transfer Reports, and the like."