THE Department of Education (DepEd) has an accumulated unliquidated cash advance amounting to P1.9 billion as of December 31, 2019.
This is according to the Commission on Audit (COA) annual audit report, which said it was incurred by DepEd Central Office and DepEd Regional Offices.
The COA said DepEd Region 5 had the highest amount of unliquidated cash advances of P445.5 million followed by Region 6 with P411 million.
The significant amount of unliquidated cash advances is a result of deficiencies in the granting, liquidation and monitoring of cash advances contrary to existing COA rules and regulations and DepEd guidelines relative thereto, the COA stressed.
COA has recommended that the DepEd strictly comply with the existing COA rules and regulations and DepEd guidelines on the granting, liquidation and monitoring of cash advances as well as issue demand letters to accountable officers to settle their cash advances.
The following are the amount of unliquidated cash advance of every region: Region 12 with P290.3 million; National Capital Region 158.9 million; Region 12 P125.6 million; DepDEd Central Office P101.8 million; Region 4B P93.9 million; Region 9 P79.7 million; Region 1 P70 million; Region 10 P59.8 million; Region 3 P34.7 million; Region 8 P15.7 million; Region 2 P15.3 million; Region 11 P14.8 million and Region 7 P4.7 million
The COA further explained that unliquidated cash advances included unsettled accountabilities due from retired/resigned/transferred/deceased former personnel of Regional Offices 2, 5 and 8.
In response, all the DepEd offices agreed with state auditors’ recommendations.
DepEd Central Office said that its unliquidated cash advance has been reduced to P45.3 million as of March 31 this year.
DepEd NCR, for its part, has adopted the policies of liquidating funds on a monthly basis and “No Liquidation, No Cash Advance.”Publication Source : People's Journal