Misclassification of PE accounts
National Housing Authority · 2024
Severity: ModerateRecommendation: Unknown
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What Happened?
Category: Financial ManagementIssue: DeficiencySome property items were recorded in the wrong accounts, so they need to be moved to the correct categories.
Why It Matters
Recommended Actions
- Reclassify PE accounts that are misclassified based on their status and/or disposition in pursuance of the provisions of applicable IPSAS
Original Audit Finding Excerpt
"Reclassify PE accounts that are misclassified based on their status and/or disposition in pursuance of the provisions of applicable IPSAS,"