Dormant NGC with no breakdown
National Housing Authority · 2023
Severity: ModerateRecommendation: Unknown
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What Happened?
Category: Financial ManagementIssue: Non-complianceThere is a government contribution that has not been active for many years and its details are not provided, which may hide important information.
Why It Matters
Recommended Actions
No recommendations are available for this finding yet.
Original Audit Finding Excerpt
"It also consists of P70.038 million in NGC, which has no breakdown and has been dormant since its transfer from the HGC Controllership Department to NHA in CY 2005"