PROCESS-RISK CONTROL MATRIX

Agency: City Government of Davao Prepared By/Date: KHAF – June 2019

Audit Period: CY 2019 Reviewed By/Date: JAC – July 2019
Budgeting, Accounting and Approved By/Date: GAC – July 2019
Significant
Financial Statement
Process
preparation
Incomplete, inaccurate or
untimely submission of
Significant pertinent reports and
Agency Risks documents by the CAO and
LDRRMO.

a. Critical path of the process:

BUDGETING PROCESS – LDRRMF

1. Disaster Risk Reduction and Management Council (DRRMC) Members will submit proposal to the City Disaster Risk Reduction
and Management Office (CDRRMO).
2. The CDRRMO as the Secretariat will assess and evaluate all the proposals if these are aligned with and incorporated in the
Disaster Risk Reduction and Management (DRRM) Manual.
3. The CDRRMO will prepare the final list of proposal and present it to the DRRMC Members for approval.
4. DRRMC will convene to discuss and approve the programs utilizing the DRRM Funds and will come up with a resolution.
5. CDRRMO will prepare the Local Disaster Risk Reduction and Management Fund Investment Plan (LDRRMFIP) and forwards it
to the City Council for approval.
6. The City Council will conduct budget hearing and evaluate the Programs/Activities/Projects (PAPs) indicated in the proposed
LDRRMFIP.
7. City Council will come up with a City Council Resolution approving the LDRRMFIP.
8. Atty. Zuleika T. Lopez (City Administrator) will sign the Approved portion of the LDRRMFIP.

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GENERATION OF FINANCIAL STATEMENTS

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b. Identify Process-level Risks and Relevant Controls

Impact
Accounts Control
Design Reason if
Process Risks affected Risk to PAPs Existing Controls
Assessment inadequate
(including
assertions)
Adequate
Failure to record Trust Liability – Provision of inaccurate CAO reviews the Errors in
the financial data DRRM financial information could reports/document recording were
Inadequate
under its damage the reputation of the s before noted during the
appropriate agency. submission. conduct of
accounts affects Various Expenses thorough audit
the fair and Inventory of CY 2019 FS.
presentation of the Accounts
balances in the
Financial
Statements that Welfare Goods
could mislead the Expenses, Drugs
users of the FS. and Medicines
Expenses, and
Medical, Dental,
and Laboratory
Supplies Expenses

Accuracy
Presentation &
Disclosure

c. Summary

KEY OBSERVATION RECOMMENDATION AOM Ref. No.

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