The EHAP/HOMA projects were not properly monitored, leaving millions unliquidated due to incomplete documentation, unreturned unused funds, and failure to liquidate the Special EHAP, violating NHA regulations.

Why It Matters

Recommended Actions

• Religiously monitor the implementation of the projects. In this connection, coordinate and require the LGUs to immediately liquidate and return any unutilized funds within the prescribed period as stated in NHA MC Nos. 2524 and 2021-070 dated April 16, 2013, and December 23, 2021, respectively
• And Ensure that all liquidations are supported with complete documentation.

Original Audit Finding Excerpt

"Ref. Audit Observations Audit Recommendations Agency Action Pian Action Plan Person/Dept. Responsible Target Implementation Date From To Status of Implementation Reason for Partial/Delay/ Non- Implementation, if applicable Action Taken/Action to be Taken CY 2023 AAR Observation No. 27, page 242 The Trust liabilities account included eight non-moving and long outstanding subsidiary accounts amounting P49.735 million as at December 31, 2023 due to non-preparation of SRDs, among others, affecting the fair presentation of the account in the financial statements, contrary to Item 4.9 of COA Circular No. 94- 013. a. Liquidate and/or return the unused fund including the interest thereof to the Source Agency for those trust liability accounts which are nonmoving and had already been completed; and b. Prepare SRDs for ali trust funds particularly those without separate bank accounts and subsidiary records as at December 31, 2023. Accounting Department Reg 3 Not implemented Not"

Source Document