![[Bawal Yan!] — Uninsured Properties under the GSIS](https://i0.wp.com/gabotaf.com/wp-content/uploads/2024/06/blue-and-orange-illustrative-start-business-youtube-thumbnail-1-1-1.png?fit=1280%2C720&ssl=1)
State auditors caution that in the absence of sufficient insurance coverage, there would be no compensation available for the government in case its assets were lost or damaged due to accidents or disasters.
The procurement of a motor vehicle was disallowed by COA because of non-compliance of certain provisions of RA 9184.
Learn from the experience of our fellow government accountants on the disallowance and adverse audit findings issued to them by COA.
Another common audit observation/findings of the Commission on Audit (COA) on government property, plant and equipment (PPE) is the recognition of properties amounting to less than P15,000 (now ₱50,000.00) as PPEs in the books of accounts which is contrary to …
One of the most common audit findings of the Commission on Audit (COA) on government property, plant and equipment (PPE) among government agencies is the non-submission of complete, accurate or reliable inventory records by the Accounting and/or Property Office of …
Listed hereunder are the common audit findings, observations, suspensions, disallowances issued/imposed by the Commission on Audit (COA) on cash advances. 1. Advances for Payroll were not liquidated at the end of the year, contrary to COA Circular No. 97-002 dated …
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