Non-Compliance with COA Circular on Required Forms and Reports
National Housing Authority · 2023
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What Happened?
Category: ComplianceIssue: Non-complianceThe agency did not keep the necessary records and reports that are required by the COA rules for tracking donated items, which means they are not properly controlling these assets.
Why It Matters
Recommended Actions
No recommendations are available for this finding yet.
Original Audit Finding Excerpt
"The absence of other required forms, registry, and reports, as listed in Paragraph 4.7 of COA Circular 2022-004 indicated lapses of controls over the assets."