Professional Documents
Culture Documents
This report provides information on the audit activities and accomplishments for the month of
March 1-31, 2023.
Checked and reviewed the payroll after cut-off dates (every 7 th and 22nd day of the month).
Checked and reviewed vouchers, PCF liquidations, Sub-con ledger accounts, Accounts Payables,
Funding Liquidation and other tasks assigned by the top management.
DEPARTMENT’S ACCOMPLISHMENTS / UPDATES
FROM THE MONTH OF April 01 – 29, 2023
[1]
RFB CONSTRUCTION CORPORATION
>General Engineering<>PCAB No.: 41742<>General Building<
This report provides information on the audit activities and accomplishments for the month of
April 1 to 29, 2023.
Checked and reviewed the payroll after cut-off dates (every 7 th and 22nd day of the month).
Checked and reviewed vouchers, PCF liquidations, Sub-con ledger accounts, Accounts Payables,
Funding Liquidation and other tasks assigned by the top management.
RFBCC
RBI
RFB REALTY
RFBCC-RBI ADMIN
TOTAL
[2]
RFB CONSTRUCTION CORPORATION
>General Engineering<>PCAB No.: 41742<>General Building<
02 Conducted a review on the liquidation of the An explanation letter from Engr. Saloma dated
payment for material quality testing of the four January 6, 2023, and received by this office on
projects, namely, Project IDs 22KB099, February 10, 2023, pertaining to the changes in
22KB0177, 22KB0100, and 22KB0176. the DPWH testing price list, wherein he
borrowed funds from other projects due to the
A letter pertaining to this matter, dated
November 28, 2022, was sent to Engr. Ralf urgency of payment and in order to fill the
Saloma for his explanation/justification on lacking balances.
attaching temporary receipts and the lack of ORs
in his liquidations. Subsequently, upon thorough checking and
review of ALL liquidations on material quality
On December 3, 2022, Engr. Saloma forwarded a testing by Engr. Ralf Saloma, it was found out
letter to this office as his response to the said
that there were long overdue unliquidated cash
findings. The letter was considered, however,
there’s a pending compliance on the submission advances not only in Project IDs 22KB099,
of all ORs. 22KB0177, 22KB0100, and 22KB0176 but also
in Project IDs 22KO00314, 22K00362, and
22K00340. Thus, a letter dated February 20,
2023, was sent to Engr. Saloma to settle these
obligations and request his immediate action.
[3]
RFB CONSTRUCTION CORPORATION
>General Engineering<>PCAB No.: 41742<>General Building<
WAY FORWARD
LOGISTICS /
SCHEDULED AUDIT STATUS /
OBJECTIVE/S ESTIMATED
DATE ACTIVITIES REMARKS
BUDGET
TBS Orientation / To orient and/or re-orient NONE. Orientation will be
(To be scheduled) Re-orientation accountable officers and done through any
on the Policies employees on the PCF policy social media
and Guidelines in order to mitigate the risk platforms.
of mishandling PCF and any
of Handling
potential problems.
Petty Cash
Fund via
virtual
meeting.
[4]
RFB CONSTRUCTION CORPORATION
>General Engineering<>PCAB No.: 41742<>General Building<
LOGISTICS /
SCHEDULED AUDIT STATUS /
OBJECTIVE/S ESTIMATED
DATE ACTIVITIES REMARKS
BUDGET
participated to pax = P 6,000.00 invited speaker who
by all is an expert on tax
accounting, TOTAL ESTIMATED concepts and
auditing procedures.
finance and BUDGET = P
auditing staff. 16,000.00
TOTAL ESTIMATED
BUDGET = P
10,000.00
Prepared by:
[5]