Unliquidated Cash Advances at Year-End
Department of Public Works and Highways · 2024
Severity: HighRecommendation: Unknown
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What Happened?
Category: Financial ManagementIssue: Non-complianceSeveral employees still owed cash advances that they had not accounted for, even after using them, and some remained unpaid at year-end.
Why It Matters
Recommended Actions
No recommendations are available for this finding yet.
Original Audit Finding Excerpt
"Liquidation of cash advances of 17 AOs were delayed even after the intended purpose had been served. Moreover, cash advances totaling P97,059.96 of four AOs remained unliquidated as at year-end."