COA: DepEd has P329M in unsettled cash advances
Wednesday, June 14, 2006
By Jonathan M. Hicap, Reporter
The Department of Education has failed to liquidate a total of P329.85 million in cash advances in 2005 and previous years, according to the Commission on Audit.
In its latest annual report, COA said cash advances in the DepEd central office, bureaus and 11 regional offices “remained unliquidated in the books even if the purpose for which these were granted had already been served.”
DepEd regional office in Bicol has the biggest unliquidated amount at P82.22 million, or 25 percent, of the total amount discovered by COA.
The Office of the Secretary posted the second-biggest unliquidated amount at P51.03 million, followed by the DepEd regional office in Soccsksargen (South Cotabato, Cotabato, Sultan Kudarat, Sarangani and General Santos) with P48.11 million.
The audit commission said 21 officials and employees of the office of the secretary incurred cash advances amounting to P4.6 million, a big jump from a previous P53,000.
Ten bonded department officials have outstanding cash advances that exceeded their maximum cash bond, COA said.
“The accumulation of unliquidated cash advances was due to the practice of granting additional cash advances even though the previous cash advances have not yet been settled or a proper accounting made,” COA said in its report.
Several DepEd regional offices were also found to have failed to remit employee contributions to the Government Service Insurance System, Pag-Ibig Fund, Bureau of Internal Revenue and PhilHealth, amounting to P70.54 million.
Of the total amount, the DepEd office in Eastern Visayas accumulated the highest unremitted amount at P33.45 million, followed by Zamboanga region, 19.61 million; Central Visayas, P8.45 million and Caraga region, P7.17 million.
COA warned that failure to remit the GSIS contribution may result in the suspension of loan privileges of teachers and DepEd employees.
The audit agency also scored DepEd for paying P12.12 million in illegal overtime pay, honorariums, salaries of emergency and contractual employees, incentive bonus and other cash gifts.
COA said these payments were without authorization and ordered the department to refund the amount. #
Link: Manila Times
By Jonathan M. Hicap, Reporter
The Department of Education has failed to liquidate a total of P329.85 million in cash advances in 2005 and previous years, according to the Commission on Audit.
In its latest annual report, COA said cash advances in the DepEd central office, bureaus and 11 regional offices “remained unliquidated in the books even if the purpose for which these were granted had already been served.”
DepEd regional office in Bicol has the biggest unliquidated amount at P82.22 million, or 25 percent, of the total amount discovered by COA.
The Office of the Secretary posted the second-biggest unliquidated amount at P51.03 million, followed by the DepEd regional office in Soccsksargen (South Cotabato, Cotabato, Sultan Kudarat, Sarangani and General Santos) with P48.11 million.
The audit commission said 21 officials and employees of the office of the secretary incurred cash advances amounting to P4.6 million, a big jump from a previous P53,000.
Ten bonded department officials have outstanding cash advances that exceeded their maximum cash bond, COA said.
“The accumulation of unliquidated cash advances was due to the practice of granting additional cash advances even though the previous cash advances have not yet been settled or a proper accounting made,” COA said in its report.
Several DepEd regional offices were also found to have failed to remit employee contributions to the Government Service Insurance System, Pag-Ibig Fund, Bureau of Internal Revenue and PhilHealth, amounting to P70.54 million.
Of the total amount, the DepEd office in Eastern Visayas accumulated the highest unremitted amount at P33.45 million, followed by Zamboanga region, 19.61 million; Central Visayas, P8.45 million and Caraga region, P7.17 million.
COA warned that failure to remit the GSIS contribution may result in the suspension of loan privileges of teachers and DepEd employees.
The audit agency also scored DepEd for paying P12.12 million in illegal overtime pay, honorariums, salaries of emergency and contractual employees, incentive bonus and other cash gifts.
COA said these payments were without authorization and ordered the department to refund the amount. #
Link: Manila Times
posted by Jonah | 5:59 PM
0 Comments:
Post a Comment
<< Home