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SiPAT

Unliquidated Cash Advances

Pulilan · 2022

Severity: ModerateRecommendation: Unknown

What Happened?

Category: Financial ManagementIssue: Non-compliance

Employees had cash advances that were not settled by the end of the year. While most were cleared the following month, this suggests controls over cash advances may need improvement.

Why It Matters

Recommended Actions

No recommendations are available for this finding yet.

Original Audit Finding Excerpt

"The Advances account includes unliquidated cash advances for CY 2022. Majority of the outstanding balance have been liquidated in January 2023."

Source Document

09-Pulilan2022_Part1-Notes_to_FS.pdf

Pulilan · 2022 AAR · 12 files