The town's books showed a balance that was about five thousand pesos too low because some returned cash advance collections were not recorded.

Why It Matters

Recommended Actions

• Require the (a) Municipal Treasurer (MT) and Municipal Accountant (MA) to (i) execute full automation of collections to minimize manual interventions, reduce errors, and enhance efficiency and transparency in the reporting of collections
• And (ii) regularly reconcile their respective records for the early detection and correction of errors
• And (b) MT to direct the LO to closely verify the RCDs submitted by AOs particularly to ensure that all issued accountable forms are reported

Original Audit Finding Excerpt

"Municipality of Pulilan Province of Bulacan AGENCY ACTION PLAN and STATUS of IMPLEMENTATION Audit Observations and Recommendations For the Calendar Year 2023 As of October 2024 Agency Action Plan Reason for Target Partia/Dela Action . ; ' ; Implementation Status of y/Non- : Ref. Audit Observations Audit Recommendations ‘Acton Plan Person/Dept. Date Implementation | implementa Taken/Action to be Responsible soni Taken applicable The reported balance of the We recommended and the LCE To continuously Accounting Fully Reconciliation is CLT account amounting to agreed to require the Municipal reconcile records Office Implemented being P30,141,696.25, was understated by P4,999.98 due to unrecognized collections from the returns of cash adances as of year-end Treasurer and Municipal Accountant to execute full automation of collections to minimize manual interventions, reduce errors, and enhance efficiency and transparency in the reporting of collections and regularly reconcile ttheir res"

Source Document