Unremitted Pag-IBIG balance due to employee's failure to provide Pag-IBIG number
Pulilan · 2022
Severity: ModerateRecommendation: Unknown
What Happened?
Category: Financial ManagementIssue: Internal Control DeficiencyA small portion of the Pag-IBIG contributions was not remitted because an employee did not give his Pag-IBIG number, leaving a ₱1,000 balance unremitted at year-end.
Why It Matters
Recommended Actions
No recommendations are available for this finding yet.
Original Audit Finding Excerpt
"According to the Accounting staff, the unremitted balance of ₱1,000.00 was due to employee’s negligence in providing his Pag-IBIG number."