The agency didn't properly record properties received from another government agency. This caused the financial statements to be wrong, with some accounts overstated and others understated by millions of pesos. The agency was told to fix the records and get the correct values, but it hasn't done so yet.

Why It Matters

Recommended Actions

• A. Require all concerned SO/RO/DOs to submit to AD the DOTA of any property conveyed to NHA for ide complete recording of all property and asset transactions in the books;

Original Audit Finding Excerpt

"119 AGENCY ACTION PLAN and STATUS OF IMPLEMENTATION RESULTS OF COA VALIDATION Ref. Audit Observations Audit Recommendations Agency Action Plan Status of Implementati on Reason for Partial/Delay / Non- Implementation, if applicable Action Taken/Action to be Taken Date of Follow- up Status of Implemen- tation Actual Implementation Date Remarks Action Plan Person /Dept. Responsible Target Implementation Date From To From To Assistance (HOMA) Program, were not properly monitored resulting in unliquidated total amount of P190.812 million as at December 31, 2022, in view of incomplete documentation of liquidations, unutilized balances not returned to NHA and non -liquidation of t he Special EHAP, contrary to NHA MC No. 2524 dated April 6, 2013, as amended by MC No. 2019-028 dated July 23, 2019 and MC No. 2021 -070 dated December 23, 2021. recommendation that Management directs the concerned Regional, District, and Pr"

Source Document