Unreconciled balances inherited from the 2012 eNGAS transition
Department of Public Works and Highways · 2024
Severity: HighRecommendation: Unknown
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What Happened?
Category: Financial ManagementIssue: Internal control deficiencyMore than P134 million of old balances from a 2012 accounting system change were never matched to supporting records and are still sitting on the books.
Why It Matters
Recommended Actions
No recommendations are available for this finding yet.
Original Audit Finding Excerpt
"Balance under this account pertains to the UNRECONCILED AMOUNT from 2012 eNGAS transition."