Published 09/29/2024 12:15:46 p.m.

CoA flags Lanao del Sur local gov’t - BusinessWorld Online

Summary by bworldonline.com

THE Commission on Audit (CoA) has flagged the municipal government of Balabagan, Lanao del Sur for failing to submit its records of properties and assets amounting to P300 million, rendering its financial account unreliable. State auditors said they found the Balabagan town’s financial statement doubtful due to its failure to submit necessary audit documentation for P297.59 million worth of its assets, limiting CoA’s ability to evaluate the accu…

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bworldonline.com

CoA flags Lanao del Sur local gov’t - BusinessWorld Online

THE Commission on Audit (CoA) has flagged the municipal government of Balabagan, Lanao del Sur for failing to submit its records of properties and assets amounting to P300 million, rendering its financial account unreliable. State auditors said they found the Balabagan town’s financial statement doubtful due to its failure to submit necessary audit documentation for P297.59 million worth of its assets, limiting CoA’s ability to evaluate the accu…

09/29/2024 12:15:46 p.m.

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