ppc-ho_aar98-part4

8/11/2019 PPC-HO_aar98-Part4

1/5

PART IV - STATUS OF IMPLEMENTATION BY THE CORPORATION OF PRIOR

YEARS AUDIT RECOMMENDATIONS

Out of the fourteen recommendations embodied in the 1997 Annual AuditReport, two (2) or 14% were implemented, three () or 21% were partiall!implemented and nine (9) or "4% were not implemented# $wo unimplementedrecommendations are reiterated in this report#

$he followin are the sinificant findins which were partiall! implementedb! the corporation&

1# 'mproe efficienc! of the Accountinepartment b! appointin competentaccountin manaers and traininand*or recruitin +ualified personnelto do and*or update monthl! ban

reconciliations and to tae up thereconciled items in the boos#

-ot implemented# Additional.ertified /ublic Accountants will behired for 1999 due to the re0enineerin*re0oraniation beinundertaen b! manaement#

$ae the necessar! action reardinthe reconciliation, adustment and*orproper disposition*closure of thesedormant accounts in accordance with.OA .ircular -o# 970331# ailure ofthe officials*emplo!ees concerned tocompl! with this circular shall subectthem to administratie disciplinar!action in accordance with pertinent

proisions of / 1445 and 6O 292,series of 197, of the Reised

Administratie .ode of the/hilippines#

.oordinate with the epartment of$ransportation and .ommunications(O$.), the 8ureau of the $reasur!and the .ommission on Audit on theconersion of the account balances ofthe then /O to the corporate boosunder the followin&

a) :eneral und (131) 0 Reionalofficesb) Rehabilitation und (139)c) epositor! und (53)d) 'nfrastructure und (13) /artiall! adusted under ;oan (132) /artiall! adusted under ; andtheir e+uialent in R, dollars andpesos to facilitate reconciliation#6nsure that a particular account isclosed upon full settlement#

Adusted under ;< =39"323 datedecember 1, 199#

enceforth, determine the details ofpa!ment before preparin thecollection order coerin pa!ments

b! /As#

5. 'noe ection 122 of / 1445 re&withholdin of salaries until the! haecomplied with the re+uirements of the.ommission#

-ot implemented

"# Re+uire the concerned officials torefrain from receiin additional,double or indirect compensation inpursuance to ection of Article 'C08of the /hilippine .onstitution#

>iewise, re+uire the refund of theallowances* frine benefits receiedb! the concerned //. 8oard ofirectors*Officers from theaforementioned //. subsidiaries#

-ot implemented

45


4/5

7. 6nforce immediate settlement of theaudit suspensions and disallowancestotallin /93,5"7,929 and/2",15,375, respectiel! inaccordance with ection 9#1 of theReised @anual on .8# enceforth,ensure that oernment auditin rulesand reulations are strictl! compliedwith before processin claims andeffectin pa!ments to minimiesuspensions and disallowance inaudit#

-ot implemented# $he /ostmaster:eneral issued a memorandum tothe Office of the .orporateecretar! dated ;anuar! 21, 1999for their appropriate action#

# Re+uire />. to show the oriinalcopies of delier! receipts*bills ofladin for the deliered items# 'n theirabsence, mae representation with

/>. officials to mae the necessar!corrections to adust the accounts of//. pertainin to the undeliereditems#

-ot implemented

.ause inestiation into theunaccounted delieries of /#1 millionincludin the recipients of the assetswho confirmed that the same werenot on hand or incomplete#

/artiall! implemented#

.losel! coordinate with />. with

reard to the delier!*shipment ofarious e+uipment and spare parts toaoid pa!ment of leasin costs onitems not receied b! the different//. reional offices#

9# 6Bert all efforts to secure thenecessar! approal from the 8@ ofthe /lantilla of /ositions of //.emplo!ees#

-ot implemented# //. is now inthe process of Re0enineerin ofits staffin pattern

13# .ause the dissolution of the aboe

subsidiaries# 'mproe the s!stem andadministration of the //.departments*offices whose functionsare mere duplication of those of thesubsidiaries#

-ot implemented

46


5/5

11# ecure authorit! to purchase motorehicles from the epartment of8udet and @anaement (8@) inorder that //. can sae from pa!intaBes, customs and tariff duties andother fees pursuant to ection 14 ofRepublic Act -o# 754, also nown asthe D/ostal erice Act of 1992#E>iewise, the .orporation would befreed from incurrin additional interesteBpenses of 25% from leasin thesemotor ehicles with />.#

-ot implemented

@ae representation with the />. tomae necessar! adustments in thebillin representin the /17#2 millionad alorem taB alleedl! paid to 8O.#

.ause inestiation into the alleedpa!ment of /17#2 million of adalorem taB to 8O.#

$he case was alread! filed with theOmbudsman#

12# 6Bert all effort to realie theimplementation of the /ostal@echaniation /roect# 6nsure thatthe loan shall be used solel! for themechaniation and moderniationproram# /repare a report on whatactiities hae transpired toward the

full implementation of the prorambased on taret and plan#

/artiall! implemented# //. is nowin the process of implementation ofthe /ostal @echaniation /roram#

47

ppc-ho_aar98-part4

Documents