COA flags closed, non-existent balances in Capitol’s 2019 Cash-in-bank account

Rosalie O. Abatayo 07/19/2020

CEBU CITY, Philippines — The Commission on Audit has asked the Capitol to reflect the “correct and true account balances” and ensure the fair presentation of its accounts in its financial statements. This as the state auditors noted…

P15M ‘aged’ CAs unliquidated in Aloguinsan — COA

Rosalie O. Abatayo 06/28/2020

CEBU CITY, Philippines — The Commission on Audit has noted over P15 million of cash advances from the treasury of the Municipality of Aloguinsan that have remained unliquidated in the past 5 to 16 years. As of…

COA flags ‘delayed’ remittance of contributions for Daanbantayan employees

Rosalie O. Abatayo 06/22/2020

CEBU CITY, Philippines — State auditors have flagged down a supposed “non-prompt and inaccurate” remittance of statutory benefits for employees of the municipality of Daanbantayan for the year 2019. In its 2019 audit report, the Commission on…

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