Belated Bonding of Disbursing Officer
Department of Public Works and Highways · 2024
Severity: ModerateRecommendation: Unknown
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What Happened?
Category: Financial ManagementIssue: Non-complianceA cash-handling officer worked without the required bond for some time, exposing public funds to potential loss.
Why It Matters
Recommended Actions
No recommendations are available for this finding yet.
Original Audit Finding Excerpt
"The Disbursing Officer II, performing duties and responsibilities as an AO for the office, was belatedly bonded."