Unsettled Disallowances and Suspensions
National Housing Authority · 2023
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What Happened?
Category: Financial ManagementIssue: Non-complianceThe National Housing Authority has over 2.7 billion pesos in disallowed expenses and 74 million pesos in suspended transactions that have not been resolved, which means they are not following the rules for settling government accounts.
Why It Matters
Recommended Actions
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Original Audit Finding Excerpt
"The consolidated disallowances and unsettled suspensions amounting to P2.714 billion and P74.0 million, respectively, of the NHA Main and Regional Offices as at December 31, 2023, pursuant to the COA Rules and Regulations on Settlement of Accounts are as follows:"