Delayed Liquidation of Cash Advances
Department of Public Works and Highways · 2024
Severity: ModerateRecommendation: Unknown
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What Happened?
Category: Financial ManagementIssue: Non-complianceOfficers took too long to account for cash advances, making it harder to verify that the money was used correctly.
Why It Matters
Recommended Actions
No recommendations are available for this finding yet.
Original Audit Finding Excerpt
"An average delay of 21.67 days was incurred in liquidating cash advances for salaries and wages and 4.28 days for local travel allowances."