Annex “A”

Page 1 of 2
Summary of Uncorrected Misstatements

Reference Nature of Transactions Affected Accounts Amount (P)

AAR 2020 Non-recognition of the Bayanihan Grant to -Prior Period Adjustment-Other Maintenance 10,481,480.80
AOM No. 02 Cities and Municipalities as income. and Operating Expenses
-Prior Period Adjustment-Food
Supplies Expenses
-Prior Period Adjustment-Other
Supplies and Materials Expenses
-Prior Period Adjustment-Drugs and
Medicines Expenses
-Prior Period Adjustment-Medical,
Dental and Laboratory Expenses
-Prior Period Adjustment-Fuel, Oil
and Lubricants Expenses
-Prior Period Adjustment –Subsidy from
NGAs

AAR 2020 Tangible items below the capitalization -Other Supplies and Materials Inventory 1,975,163.35
Finding No. 04 threshold of P15,000.00 are still carried in the -Accumulated Depreciation
books as PPE. -Office Equipment
-Furniture and Fixtures
-Information and Communication Technology
Equipment
-Books
-Machineries

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 Annex “A”
Page 2 of 2

Reference Nature of Transactions Affected Accounts Amount (P)

-Agricultural Equipment 1,975,163.35
-Communication Equipment
-Construction Equipment
-Other Equipment
-Prior Period Adjustment-Depreciation
Expenses
-Other Supplies and Materials Inventory

AAR 2020 Checks remained outstanding for more than six -Cash in Bank-LCCA 523,569.50
AOM No. 07 months thus considered stale. -Accounts Payable

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