Unserviceable and Dilapidated Properties Not Disposed
National Housing Authority · 2023
Severity: ModerateRecommendation: Unknown
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What Happened?
Category: Financial ManagementIssue: Non-complianceThe agency is still counting broken and useless assets and buildings on its books instead of disposing of them, which inflates asset values and wastes resources.
Why It Matters
Recommended Actions
No recommendations are available for this finding yet.
Original Audit Finding Excerpt
"inclusion of unserviceable properties, which are fully depreciated and dilapidated in status totaling P809,098, in the balance of PE"