The agency's records for employee leave credits and terminal benefits are incorrect because the HR department did not provide accurate data. This has caused the financial statements to overstate liabilities and accumulated surplus by about P2.15 million.

Why It Matters

Recommended Actions

• Require the HRMD to comply with Memorandum dated February 28, 2023 of the AD on the submission of the subsidiary ledger/monitoring of accumulated leave credits of NHA employees;

Original Audit Finding Excerpt

"Agency Action Pian Reason for = Partial/Delay/ Ref. Audit Observations Audit Recommendations . Target Implementation Status of Non- Action Taken/Action to be Action Plan Person/Dept. Date Implementation Implementation, Taken Responsible From To if applicable respectively, which are either The RO submitted the PEs that for sale, already donated o7 d. Performing necessary Region 9 Not implemented were not yet recorded with AD, i.e, distributed, destructed, | activities that will not only Deed of Reconveyance, PAR/ICS housing sites or have unknown /| provide fair presentation of the Region 10 for managerial table, laptop intended use, are recorded in | PE accounts in the books but Desktop computer, Mitsubishi the PE account, contrary to the | also serve the best Region 11 Strada, and Property and relevant provisions of IPSAS | interest/benefit for the Equipment Return Slip for 12 and 17, resulting in the | government. Such activities Region 12 Computer Set in RDTF Reg2- overstatement of"

Source Document