Lease Contracts of Regional/District Offices Not Supported with Required Documents and Not Submitted for Post Audit
National Housing Authority · 2023
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What Happened?
Category: Financial ManagementIssue: Non-complianceThe NHA paid rent for its regional and district offices, but didn't have all the required paperwork like maps, occupancy certificates, and building details. Also, they didn't send the lease contracts to the auditor on time. This made it hard to check if the payments were proper. Some offices were also in expensive buildings.
Why It Matters
Recommended Actions
- Comply with the requirements stated under COA Circular No. 2012-001 on the submission of the supporting documents;
Original Audit Finding Excerpt
"Contract of leases of Regional Offices (ROs)/District Offices (DOs) for government or privately-owned office/building amounting to P27.079 million for CY 2023 were not supported with sufficient documents and were not submitted for post audit, contrary to COA Circular No. 2012-001 dated June 14, 2012 and COA Circular No. 2009-001 dated February 12, 2009, preventing timely audit of the said transactions."