GPAI Premiums Paid Without Authority
National Housing Authority · 2023
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What Happened?
Category: Financial ManagementIssue: Non-complianceThe agency paid insurance premiums for its employees without getting the required approval from the government, which violates rules on spending public funds.
Why It Matters
Recommended Actions
No recommendations are available for this finding yet.
Original Audit Finding Excerpt
"8 6S Agency Action Plan Reason for " . . Target Implementation Partial/Delay/ . ; Ref. Audit Observations Audit Recommendations Action Plan Person/Dept. Date Status of Non- Action Taken/Action to be Taken Responsible Implementation | implementation, From To if applicable to adjust the affected Financial Assistance/Subsidy-Others account to Assistance/Subsidy - Others appropriate expense accounts regarding account to appropriate accounts. maintenance expenses of BP2 after the termination of its operations effective August 1, 2022. This is based on the FMD Memorandum dated April 2, 2024, reversal of all transactions incurred beginning August 1, 2022, to December 31, 2023, for the implementation of the BP2 program, from NG Subsidy funds to Corporate Receipts. No. | The NHA allocated calamity | We recommended that Legal August December AD: Transfer of fund to DICT is solely 18 funds to the Department of | Management: Department 2024 2024 based on the Memorandum of Agreement Information and"