Overstatement of accounts payable
Department of Public Works and Highways · 2024
Severity: HighRecommendation: Unknown
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What Happened?
Category: Financial ManagementIssue: MisstatementThe agency's records showed it owed more money than it really did, and it promised to fix the records.
Why It Matters
Recommended Actions
No recommendations are available for this finding yet.
Original Audit Finding Excerpt
"Overstatement of Accounts Payable account by P101,896,531.83"