Logo

SiPAT

Misclassification of air-conditioning units as Medical Equipment instead of Office Equipment

Baliwag City · 2024

Severity: LowRecommendation: Unknown

What Happened?

Category: Financial ManagementIssue: Error

The city bought air conditioners for 400,000 pesos but recorded them in the wrong category, calling them medical equipment instead of office equipment. It's a bookkeeping error that doesn't change the total, but it's still wrong.

Why It Matters

Recommended Actions

No recommendations are available for this finding yet.

Original Audit Finding Excerpt

"As a result, the Medical Equipment account was overstated while the Office Equipment account was understated by ₱400,000.00. However, this misclassification did not affect the overall reported balance of PPE."

Source Document

BaliwagCity2024_Audit_Report.pdf

Baliwag City · 2024 AAR · 3 files