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SiPAT

Pag-IBIG Premium and Loan Amortization Discrepancies

Pulilan · 2024

Severity: ModerateRecommendation: Unknown

What Happened?

Category: ComplianceIssue: Internal Control Deficiency

Pag-IBIG deductions from employee salaries did not match what was actually remitted because of internal control weaknesses.

Why It Matters

Recommended Actions

No recommendations are available for this finding yet.

Original Audit Finding Excerpt

"However, discrepancies in the amounts withheld and remitted in CY 2024 were observed due to lapses in internal control, contrary to Sections 2 and 3, Rule Vil of the same Act."

Source Document

Pulilan2024_AAPSI.pdf

Pulilan · 2024 AAR · 3 files