Stale Tax Refunds Payable
Department of Public Works and Highways · 2024
Severity: LowRecommendation: Unknown
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What Happened?
Category: Financial ManagementIssue: Non-complianceThe agency owes employees tax refunds, but the balance hasn't changed all year, meaning the refunds were not processed. Employees are waiting for their money.
Why It Matters
Recommended Actions
No recommendations are available for this finding yet.
Original Audit Finding Excerpt
"Balance is from Fund Cluster 01 amounting to P648,500.30 which consists of tax refunds due to employees from Regional Office III. There is no movement of the account for the year."