Incomplete or non-conduct of physical inventory taking
Department of Public Works and Highways · 2024
Severity: HighRecommendation: Unknown
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What Happened?
Category: Asset ManagementIssue: Non-complianceMany district offices did not complete their required annual physical inventory of property and equipment, which is needed to verify that assets actually exist.
Why It Matters
Recommended Actions
No recommendations are available for this finding yet.
Original Audit Finding Excerpt
"Incomplete/Non-conduct of physical inventory taking"