There were widespread record-keeping and tracking problems regarding the agency's property and equipment worth billions of pesos. Assets were missing documentation, misclassified, left off the books, or showed discrepancies during physical counts.

Why It Matters

Recommended Actions

• Submit the plans on the idle 12 satellite offices, three multi-purpose centers, other structures/land improvements, and equipment located at the BP2 Depot

Original Audit Finding Excerpt

"NATIONAL HOUSING AUTHORITY Elliptical Road, Diliman, Quezon City AGENCY ACTION PLAN and STATUS OF IMPLEMENTATION Audit Observations and Recommendations For the Years Ended December 31, 2024 and 2023 As of August 31, 2025 fnnex Agency Action Plan Reason for Partial/Delay/ Ref. Audit Observations Audit Recommendations Target Implementation Date Status of Non- Action Taken/Action to be Taken Action Plan Person/Dept. Implementation | Implementation Responsible From To , if applicable A. FINANCIAL AUDIT No. 1 | Absence of a manual or policy | We reiterated our Accounting January 2025 December AD: The AD has already prepared a draft on accounting, reporting, and | recommendations from the Department 2025 Receivables Manual to serve as a guide for each monitoring of the National | previous year, with personnel and/or responsible Unit/Office in ensuring Housing Authority’s (NHA) | modifications, that Management COSDD proper and systematic recording, reporting, and receivable accounts cause"

Source Document