Agency/Region:

Audit area:
Date Prepared:

NTA Isabela Branch / Region 2

Claimed parcels of land
November 12, 2014

Group No. :
Name of CGM:
Reviewer/Date:

24
Frederick P. Masangcay

NIA 1. Original thrust area- billing and collection of ISF. Submit to maam Susan on or before Nov. 15..
2. Additional thrust VFM Audit, CARP Irrigation Component projects.
NTA- 1. Original thrust areas loan assistance granted to farmers. Submit to maam Susan on or before Nov. 15.
2. Additional thrust areas claimed parcels of land submit to RSA of Region 1, Ms. Dolly Cristita P. Lingbaoan, OIC RSA, email
cgsrsa356@yahoo.com
- MOOE and other expenses that significantly increased compared to June 30 balances.
- Accounting of Inventory
1. Processes, flowchart
2. Identified probable risks high in significance, high in likelihood.
3. Audit program atleast 1 risk
4. Data gathered based on the audit program

Topic Sentence
The land where NTA
Isabela Branch building
were constructed has
no certificate of title;
thus, said properties
were exposed to risk of
possible loss due to
encumbrances in the
future.

Criteria
Section 102 of PD 1445

Condition
Verification of property
plant and equipment of
NTA Isabela Branch
revealed that the land
where the NTA building
were constructed has
no certificate of title to
protect these
properties from
possible losses as a
result of possible
encumbrances in the
future. Interview with

Cause
Interview with
concerned NTA officials
disclosed that the
subject land is covered
by Proclamation No.
454 dated September
19, 1939 of President
Manual L. Quezon
reserving for
warehouse purposes
the said land.

Effect

Recommendation

concerned NTA officials

disclosed that the
subject land is covered
by Proclamation No.
454 dated September
19, 1939 of President
Manual L. Quezon
reserving for
warehouse purposes
the said land.
Eps

Claimed parcels of land