2012-008

2.4 Resolutions/General Policies/Minutes of Meetings (including that

authorizing and setting the amount to be collected as membership due)
2.5 Financial data
a. Annual Budget/Financial Plan/Business Plan
b. Financial Statements/Reports for the last three (3) years
2.6 Financial and peribrmance audit reports
2.7 Sample form of Official Receipt (OR), Disbursement Voucher (DV) and
other Collection/Disbursement forms
2.8 Audit Reports of private auditors, i rany
2.9 Other relevant information

An Agency Protilc shown in Annex A shall be prepared by the Audit

Team. J\ copy shall be tiled on top of the permanent file together with the
Table of Contents.

For reference as to the exlstmg different chapter level or the

leagues/federations. attached as Annex 8 is the initial listing/directory of the
said leagues/federations. Other chapter level of the leagues/federations that
are not in the list/directory but exist in your audit jurisdiction should be
covered in the initial evaluation/audit.

3. The Audit Teams shall pcrf(>rm the following activities:

3.1 Agency Survey

An understanding of the League/Federation shall be made by the

Audit Team using the data gathered and incorporated in the permanent
file for a period of twenty (20) days.

An initial assessment of the risks that the Leagues/Federations

might be undergoing shall be made by the team using the Agency Risk
Model (ARM) and the Risk Definitions (Annex C) incorporated in the
Integrated Results and Risk Based Audit Manual (IRRBAM). The audit
team shall choose from the listing provided in the ARM the risks they
have identified pertaining to the League they are evaluating.

3.2 Agency Internal Control Evaluation

Based on the documents gathered, the Audit Team shall proceed

with the conduct or internal control evaluation which shall not be more
than twenty (20) days. The Audit Team shall usc the Internal Control
Questionnaire (ICQ) in Annexes D-1 to D-4 which will be supplemented
by interviews and walkthrough of basic transaction documents. The
following key areas will be evaluated:

• Budgeting
• Collections
• Disbursements (Cash and Check)
• Payroll
• Procurement

2
 • Capital Outlay/Project Implementation

Whenever possible. a test of controls working papers will also be

prepared. Compliance with government rules and regulations
particularly on procurement will be noted and reported on. All
weaknesses noted shall be properly documented.

3.3 Financial Statements Review

Financial statements review shall always be among the audit

processes to be performed by the Audit Team. It shall include the
review of the existing accounting system of the Leagues/Federations. the
proper maintenance and recording of transactions in the books of
accounts and periodic preparation of financial statements. The Audit
Team shall take note of major accounts in terms of materiality and
sensitivity and analyze the propriety of changes to the account balances
and prepare working papers.

3.4 Reporting

a. Interim Report

After the Agency Survey. which shall be completed within

twenty (20) days from the start of fieldwork. an Interim Report shall
be prepared by the Audit Team and reviewed by the designated
Audit Team Supervisor (A TS) for confirmation of the areas to be
audited. This shall be submitted to the Cluster/Regional Director
together with the Permanent File. Agency Profile and ARM
Template. The report shal1 disclose the initial audit observations
and recommendations on the auditee, as well as issues and concerns
encountered in conducting the survey and in obtaining documents. if
any. A copy of the interim report and the Agency Profile together
with the ARM Template shall be forwarded to the Office of the
Assistant Commissioner, LGS.

b. Management Letter

The audit team shall likewise prepare a Management Letter

(ML) to report the results of the Agency Internal Control Evaluation.
The report shall be submitted thirty (30) days from the start of the
fieldwork but not beyond December 3 1. 20 12. The ML shall fo II ow
the suggested format shown in Annex E.

No Audit Opinion will be rendered on the linancial

statements for calendar year 2012. The financial statemt!nts of the
IJcaguc or Federation shall be attached to the ML to support the
financial highlights included in the ML.

3
 The ML shall be submitted to the Office of the concerned
Cluster/Regional Director who shall review and transmit the Ml ,s.
copy furnished the Office of Lhe Chairperson through the Regional
Coordination Office and the LOS.

The Office of the Assi~tant Commissioner. LGS, shall prepare a consolidated

report of the observations/findings and recommendation for submission m the
undersigned.

The audit for 2013 -and succeeding years shall be in accordance with the
guidelines to he issued by this Commission, taking into consideration the results of the
audit mandated herein.

Strict compliance is enjoined.

4
 Annex A
(Suggested Format)

League/Federation of _ _ _ _ _ __
Chapter_~--~-~--------­
Agency Profile
As of December 2011

1. Name of the League/Federation

2. Legal Basis of Creation/Organization

3. Date of Incorporation/Organization

4. Address:

5. Major Purpose/s - - - - - - - - - - - - - - - · -·- -

6. Key Officials (Current)

President
Vice President
Treasurer
Secretary
Chief-Operating/
Administrative Officer
Board of Directors

7. Organizational Structure (Please attach)

8. Number of Personnel Permanent Contractual/Casual

17. Remarks/Other Information

Prepared
By

(Print Name and Sign)

(Designation)
(Office)
Date

Reviewed By

(Print Name and Sign)

(Designation)
(Office)
Date - - - - - --

INSTRUCTIONS:

1) The Permanent File shall be updated every year with the current Audited Financial
Statements and whenever there are changes in the League's/Federation's Officers,
new business plan, etc.

2) The Permanent file shall have a Table of Contents and properly indexed. Please
see list of documents in the initial evaluation as guide.

3) Other important information may be highlighted/summarized and included in this

form .

3
 Annex B
DIRECTORY OF LEAGUES

ij LEAGUE NATIONAL PRESIDENT ADDRESS TEL. NO. FAX NO. CONTACT PERSON
1 ;
ULAP GOV. AlfO~SO V. UMALI, JR. : Atty. Monina Camacho
0

I UNION OF LOCAL Unit 2803 Summit One Tower 718·18U 717-1810

rl
I AUTHORITIES OF i Oriental Mindoro Shaw Boulevard Mandaluyong
hi
....
SJ l THE PHILIPPINES
0

City
0

'\J
-i.

""'I
LPP I LEAGUE OF I GOV. ALFONSO v. UMAU,JR. Unit 1510 West Tower 687-5399
I
687-4048 Mr. Jojo Villano
\j ! PROVINCES OF I Oriental Mindoro : Philippine Stock Exchange 631~170 i
-i
~
I ; THE PHILIPPINES I I Center, Exchange Road Ortigas
1
621~197 I !
I
I I
Center, Pasig City 687-4048
~
!d LVGP I LEAGUE OF VIC£-
GOVERNO~.S OF
I
0
VG LEONI DES N. FAUSTO
Cagayan
Suite 511, Future Point Plaza
. Tower, 112 Panay Ave. South
i 414-2778 416-3313
414-2931
Ms. Annaiyn Jagunos
I
\ THE P.HILIPPJNES Triangle, Quezon City
PBMLP i PROVINCIAL ~ BM HENRY BAOJRNAY
0
4/F A. Francisco Gold Cond. II ! 441-0747 441-0746 , Mr. Robert de Castro

i
BOARD
MEMBERS
• La Union

I
EDSA cor Mapagmahal St
I I
II LEAGUE OF THE
' PHILIPPINES
I

lCP
I LEAGUEOF MAYOR OSCAR S. RODRIGUEZ 7/FUnitJ & K CyberOne Bldg., io
0

r 470-6837 470-7210 Mr. Jeremy Philippe T

CITIES OF THE City of San Fernando Eastwood, Ubis, Quezon City Nlshimori !
PHIUPPINES Pampanga
LMP MAYOR STRIKE B. REVIllA 2/'; LMP Bldg., 265 Ermin 913-5737 l Ms. Liann de leon
I
!

I OF THE
TIES . Bacoor, Cavite
;
Garcia St., Cubao Quezon City I

I
to39
- ~d
3( I 046-4346716
Iq I 4
PHlliPPINE$ -4344366 <io/
LLMAP I lADY MUNICIPAL
MAYORS
I MAYOR ANNABEllE
TANGSON
c. ' 2/F A. Francisco Gold Cond. II
EDSA cor Mapagmahal St.
ASSOCIATION OF I San Luis, Aurora Diliman, Quezon City
° THE PHILIPPINES,

. 1 INC. I 0

Rm 1103 Marbl'o?ll ~')wers 434-~-2-Sb-.. -..:....M-r.-C-h-ri_s_Ab_c_e_d_e_ _ - - ;

1
VMLP I VICE-MAYORS' VM FRANCISCO "lsko M:;=reno" I 434-4285 :
1 LEAGUE OF THE DOMAGOSO ·~ Roxas 61vd. 525-8532 ·.:"" .<.t'-t.it.--;.·1 , l
PHILIPPINES Manila !

PCL PHIUPPINE I COUN. ft.LMA MORENO-SAUC 0

• ::~ncis :io ~d C:Jr;

o
! 925-1147
:

434.·5'!~7
I
I

; r.•:- ~'1\/i!son Paclibar

I
! COUNCILORS'
LEAGUE
1 Paranaque I 4/F A.
EDSA \...;r Ma~ oo:gmahal St.
!
· 925-1132. ..... ~(" ,;~.::(/..,c '.=>\...·'~
0 ql) ., ( -
I . Diliman, Quez·.Jn Ci~~ ; . --·-
NMYL I NATIONAL ~-COUN. DOROTHY A. Unit 507-B RegaHa Park Tower 438-2183 .I
MOVeMENT oF 1 DELARMENTE Cond. P. Tuazon, Cubao,
YOUNG . Quezon City I Quezon, City
I LEGISLATORS

t./21- f(.,- ..2."

1
FOUR-l /LADY LOCAL COUN. MAR1A LEOBETH B. l 4/F A. Francisco Gold Cond. 11
I EDSA cor Mapagmahal St.
LEGISlATORS
j LEAGUE OF THE
·. PHIUPPINES
I DESlATE-DEtiCANA
. RoxasCity Oiliman, Quezon City
(Coun.
Yambao)
fJ!(..(..'; ;f ~ .(.

UPDCPI LEAGUE OF MR. ENRIE MENDOZA : 3/F A. Francisco Gold Cond. H 925-1151 925-1153
: LOCAL PLANNING ·~ Vigan City EDSA cor Mapagmahal St. 928-9181
I AND
I·. n~:u,:-1 t'lPII.III=NT
'-'.~· ~--· ···-·.
'
I Diliman, Quezon City

I, COORDINATORS
o=-~~~
I.

. ./.
\ P~l~;~~INES .
J

925-115.3
PHlSTA !
.
PH[UPPINE
. MAYOR ANNABELLE C. 3/F A. Francisco Gold Con d. ll 925-1151 i Ms. v-IVian P.Suansing

I.
INTERNATIONAL
SISTERHOOD
AND TWINNING
I
TANGSON
San luis, Aurora l
: EDSA cor Mapagmahal St.
Di!iman. Quezon City
928-9181
l
I
. ASSOCIATION,
·, INC.
PLE.ASES ! PHILIPPINE MR. MARIO I. ABELLANIDA ! Look, Compostela Valley 0917-
LEAGUEOF ' Look, Compostela Valley 7241954
I, SECRETARIES TO
· THE I
! SANGGUN!AN I

lnB I UGA NG MGA I RICO!UOGE .f.AN~E~ M. 2./F Old Bldg. San.gguniaflg 32.3-5339 324-52.99 Mr. Calvin Sad1ua ···-1
I BARANGAY : ECHIVERRJ ! Panlungsod, Caloocan Clty 288-8811
Caloocan City loc. Z21Ll
PSK PEDERASYON NG ! COMM. LU&S GABRIEl DEl National Yout!l Commission 781-1163 I Ms i'h~iu :,_~·~fldador

I
SANGGUNlANG
~(ABI(\ TAAN
ROSARIO
. Bataan
I 1
4/F Bookman Bldg., No. 373
j Ot!€Z(!n City_ . __
448-7330

MMPCl METRO M.AN.!LA COUN. SEnAFIN Y. ! City Council OfFice 647-3323 647·312J i Mr Caloy rvlarcelo
I
1
PHILIPPII'l[ ! BERNARDINO JR. I 2/!. i"·!evu· Justice Bldg Sta
COUNClL.ORS' ' Mari~ina Ciry i [lena, M:'lrikina Crty

-
I L[/l.GUE
!_- - - - - - _.. .
l_ --· -· . - - . - -· " - -.-
_ j
 PROVINCIAL BOARD MEMBERS LEAGUE OF THE PHIUPPINES

4/F, A. Francisco Gold Condominium II E,OSA comer, Mapagmahal Street, Diliman, Quezon City
Telefax No. (02) 441-0746/47 e-mail add: pbmlp_national@yahoo.com
DIRECTORY OF PBMLP NATIONAL COUNCIL
WEBSITE: www.pbmlp.org

NAME POSmON PROVINCE CONTACT NO. E-MAIL ADuRESS

CP OFC

RAUL P. SISON REG'\.. CHAIR- R I PANGASINAN 0919-279-9486 075-542-601, roslson@vahoo.com

JAIME N. ATAYOE REG'LCHAIR-Rii ISABELA 0917~51-5867 078~22-2672 iinmv ata):de@~hoo.com

TARS DC. HALILI REG'L CHAIR - R Ill PAMPANGA 0917·553-6202 045-963-&\84 bm~rs halililiDvahoo.com
ARMANDO B. VlLLAMA YOR REG'l CHAIR - R IV-A RIZAL 0929-864-0695 02-661-5159 ~bml ~a@~noo.com

RODERICK a.AGAS REG'L CHAIR- R IV-8 OCC. MINDORO 0918-963-1716 043-711-5001 rod!!.Qas@yahoo.com
JOFFREY B. PANDI REG'L CHAIR - R V CAM NORTE 0939-310-2650 054-571-2652 .bml.el 716@yahoo.com
FREDERICK G. AMID REG'L CHAIR - R CAR APAYAO 0915-501-1569 erick amid@yahoo.com
SELWYN C. IBARRETA REG'L CHAIR - R VI AKLAN 0908~70..1115 036-262-7340 ro:nx lawyer@~ahoo .com

ARTURO P. PACATANG REG'L CHAIR- R VII SIQUIJOR 0928-507-0471 035-344-2131 art lll!calaog@yahoo.com
ALBERT A. LUCERO REG'L CHAIR-R VIII NO. SAMAR 0905-405-5423 055-251~292 albertlucero69@yahoo.com
ANICETO S DARUNDAY REG'L CHAIR -R IX ZAMBO. DEL NORTE 0928-500-1311 065-212-8187 QbmiQ ro(iil'J'ahoo.com
BALDOMERO N. ZAMORA REG'\.. CHAIR - R X LANAO DEL NORTE 0917-11.4-S4SB 063-341-5345
ANTONIO M. LAGUNZAD REG1. CHAIR - R Xl DAVAO DEL NORTE 0920-9084756 084-218-3659 tOn'J'Iagunzad@'J'ilOoo.corn
CESAR L FORNAN REG'L CHAIR- R XII SULTAN KUDARAT 0921·367~1 5 064-201-3024 clfloran(a)vahoo.com
JAMES T. RESERVA REG'L CHAIR - R XIII AGU DEL NORTE 0917-7240225 085-815-2004 k]mesreservalaw@~a hoo.com

ALEXANDER G. ALONTO, JR. OIC REG'L CHAIR - ARMM LANAO DEL SUR 0908-875-0608 bo'J'eta]ooto@gmail.corn

Source: Provincial Board Members League of lhe Philippines

 PHILlfPlNE COUNCiLORS LEAGUE

REGIONAL COUNCIL CHAIRPERSON'S DIRECTORY

/ I
l.

NAMES POSITION LGU CONTACT NOS. '

i
I 0917-898-0988/0917-598-7888
: JOSEPH OOMfNOVALERA !
RCC-CAR BANGUELl, AERA 074-7 52-8684/FAX-752-806 1/7 52-8616
: 0917-628-8181
I
I MAYBELYN ROSE DC. FERNANDEZ RCC-REGION I DAGU PAN CJTY 075-515-5535/522-2907[SP)/MLA.932-9314
I 0917·574-4442
: ,•\UGUSTO B. Si\J\ANGAYJ\
'. . .. ·- -·-· . ..
· - --~
. -· ···-- -·-·- - - - ._!~f~.~~Gl~ .!!________ ..... _. _ -·-- - - ·· SANTJA(;Q CITY
1--· - ·- ... .. ··- -· -·-· ...... O}O.:~JI2-6506J.§..t~.f:!.J.!~.Q. ___ . ·- ·- . _ . . :'.. _ .. ;
'
.JAMF_c; ~- OE I:OS Rl:YES HCC-REGJON Ill OlpNC.APO ~liT... _ ..... __(19_1?·S}0 :2 1~ ~---
··--------- - --- ·- - -·
·-··· ·- ·-- . ·----·--------- 09279089252/0918·303-0635
. ...••.. ... _ ·····-- ---· · __ .
.
IOEL P. PORT UGAL RCC-REGlON IV-A TAYSAN,l!ATANGAS 043· 723-2867/723-0103

GJDEON B.ABUEL RCC-REGlON IV-B BULALACAO, ORIENTAL MINDORO 0920-982-8205

0921-773-8179
BERNARD H. HAO RCC-REGlON Y BULAN, SORSOGON 052-7.11-3990 i
0917-722·7900
SUZETTE T. ALQUlSADA RCC-REGlON VI TJGBAUAN,ll.OH..O 033-337- 6067
09162851107 '
EDUARDO L. CUIZON ~c~~.R.-~91.0.~ v_t~ 032-495-8708/ 340-0017/341-5562
~- - --·-- ·· ......,. ·-··-·-···--·- -----··----···- . . ·--- ·- . .. . . ··- ··· ..LAPU-J.J\PU
. , -· .. ·--
CITY.. ···· ···· -·-···-- -- -
··-····-·· !
0917 3060023/0~209272320
. \I'(J.l~~N__?..:_U_Y_·- -··- · ····- --- ··-- - ____ RG>HEGlON VIJI
...........
~·-·- ·-· - - ___ ___... .- -· - - .. ~
PAI.O, LEYTE
· - - --·- . 053·~f?··1-00BL:125~?.Q1_~- ·····--· -·· - · _ .I
I 090130956040
i LUZVlMifHJJ\ C:. TORR INO
---- --- ~ - --·
HCC-HEG!ON
!-"··- ···· - - - __IX .
.. ··-·--· ·------ .. -· I.I LOY.
··- ZAMDOANGA
·-·-·- ,DEL - - - -----.- ·-··· .Q6S:~g~!J
NORTE
- - -- 18_1:f1 1.?~~~ 81.. -- ... ·-----~
09 JI1-0fl7. 7729
c..~
i
. J.ft.~ MAR_K_Q. :~ Af:A}>\ : ·- ·· . ... RCC: -RECfON X . (1\Gl\YAN DE Ol<O CJT'I' OIIO·ti57·125UJH57 ·'Wn ·I
--· - ~·-·· ·. ··· ·······- ··-- - I OY2U· 767-367f3/0<J 17 ·634·52H
CONCEPCION ZEN 'I' E. fi::R ROUN<HNJ\D RCC-REG ION XI PADADI\, DAVAO DEL SU R 082-553-407 4·
0919-577-9454 '
! NELIA C. fJERNARDINO RCC-REGION XI! COLUMBIO, SULTAN KtlD:\RAT 064- 20 1- 40 1 5JS t>)/Z01- ~~24 fAX ·
·- -.
0918-300-584:-t
: ERN IE M.CEN!ZA RCC- REGION XIII C.t\13/\0BARM\' , AGUSAN OEL. NOHT_E_·. _ __ --- 08S<H 2-762I IH 15-20:.14
~-··---·-· ··- - · ---~ - - . fAX - -V-GCWl .

r·~OZ~AR S.LADJAHALI RCC· ARfvlt,.l BONGAO, 'IAW I-T:\\'v'l o<>Ot:.?.P·~7_s n t:n•J 28-3o HJ<Jt 5
i
·- 1-'-- -- - ··- · -- -
0920·9824343
IIA_t' h 1)1.·1ANLTEL E._BORJA nee-NCR
--. ·- ···-- - -- _ .• . ._MALABO N CITY ··--·--· -•· ·-- -- -·- - 28~:.'!'1_9't_~~--~gi_ _ ___ _-- - - . --
Jrce:· Phi)ippine Counci lors League
tion a! Office
 PH,LIPPINE COUNCILORS LEAGUE
Department of the Interior & Local Government
4/f, A. Francisco Gold Condominium II
EOSA Cor. Mapagmahal Sl, Diliman, Quezon C1ty
Telefax Nos 925-~147/925-t 132

DIRECTORY -PROVINCIAL FEDERATION PRESiDENTS (Y2010-2013)

- ·- -----1-·- • t . ·· -

'
NAMES PROVtNCIAL
... ADDRESS LGU
- · ·-·- --·· ·····- ·- - .. --··· .. ..
CONTACT NOS. FAX NO.
- .. - .. ··-··-· ---·· ·- ---·· ·- . ·-- ····-··· - · . ·- .. Oo n••••• • - -· • • o o
- -···- ·----- -
CAR - ·-·-- ---····-···-
ALVARO DEMETRIO B_ , 0927-351-0067 074-752-8118
~G 2800 Bangued Abra PEI\IARRUBIA 074-752-81 1SI752-8684 (SP) 074-752-8442 (Gov)
0908-685-2426
BERNARD $ _WACLIN ' 2601 La Trinidad BenaU9t ITOGON 074-442-27361422-1764 074-422-7141/422-2046 NGO)
0915-506-~Jst'U(,JA .. tt~~X
ERALDO D. LUGLUG ' 3600 Lagawe, lfuaao HINGYON 074-386-4078 anaue ) 074-362-21111382-2108

0- · - -·
'RANCISB. PACLAY I
-· .. ---- ~Tabuk, Kalinga
~~ Gvl ~ ~
·- - -·- - TINGlAYAN 0905-7953669/Staff-0906-8017810
<!906 239 9981/staff-0926-2931794 0 'loUt(, ~ oq cr.{)~
!
,;

~~
. .. 809 ~~~9~9.... ~p~y~o.. ·--· ___ ·- ~~A..~t\~A~·----
~ ~-
•.;
----:-;-r 078-82;:)J
. ,... . ' .... " "L, -
,..,.,..,,.,""'

FRAN91 S~_Q B. ~~_!._ISONG t2§1~ !l<J!lloc, MtP.£2~ --~ SAGAOA_______

. . . -
. -· _
• . \r.J..)l:h'"~-::1"'-1.;)
-r_:l:~!52-4_319. t<eQV.) _~-~~~-43_1.Q(GOV,)
( ~{~

_ _ . . ..

REGIONl
I 0929·8670061
QUEZON 8. ALEJANDRO 1 2900 Laoag~, !loco~ Nort~~.EIDOICl___ , : 077-772· 1211 Q77~·770-326?(SP)
.. tr- .,..., . ...., ' '\
·. · ~ .. 1 h'"). · · . ~ , ..,., · ·ftU-..z
NESTOR R. JTCHON _ _/ ?700 Vigan Ci~y. !locos _Sur _ j sANDON ~ITY 0920-94s-q_890 a:t -1 \1-:l. -: (,..f ~~ ~,rr -~~ -.1'1..?-<.t· . ·
0917-81 41442 J
___ALFRED PABLO R pRTEGA ,__t2500 San Fe~na~o_C.!!Y. La Uniof1 · CITY OF SAN FERNANOO 072-607-0507 ::.... .:· · -r ~ -: · ·' · ·. ! 072-007-0507
I SA~ MANUEL ·- - · - · ~~~5!~;~~~~ Laila:·o919:B4~529 ; 0;~~542-~-~-
-~-s;:-::::L-.,-· - - - -- - ·
_$ALVAOQR S~ ~!~EZ~ _____ i.24Q!.!:l_n.®'~!\. P?:~~sinan_,_, - --- - --- - - n_ __ ___ ·-·- - -----·. ···-- - -·-- ·-
 i;
NAME I PROVINCIAL ADDRESS LGU I CONTACT NOS. FAX NO.
I
I REGION" i i
SERGIO A. ABELA, JR.
I
j 3900 Basco, Batanes I BASCO ! 0908-909-4802 ~-a.i&.~:J~ - ec.
l
: I I 1 os2e-49B029110916-412-01 os In r:J... -..:~' !1("')'1J
AlEXAND§B._?TACY DAGUNA l 3500 Tugu~garao Cj!y.__Ca~l} .. ---L~AM.J>!-9fi~.-- . __ 07_ft304-1~.9Q.@____ .1___ .. - ·- ~ 078-846-54l!~t~.9~- __ ___ .

·-~qWARD__s . .~~!P.~Q_ ... ..

I·_.?;3.QO..Jlag.an, !~_abel~ . I ' '"t~-:~~:~~~_(YG_L
~·.U -· ~t"U ;tl

~
. .. _··-··-· ____ i_~~-~G. _ .. -····· . ....... . .. .. : Q~~-2Z.~:.~.!:1:'?} r. ~ _.. __ _ .. . ..... j _
0 - - --·-
r. ·I -(~ ·~ I.J f < - ·\ ~ J J. ;
DO_!..O~E~.. B. BINW~'l..::.. __ 379Q.~O..lJ!b0!!9r..~ueya Viz~!!_- QU_EZQ_"!___ ··-- 09.27 •e4 9126- 078-805-7956 (VGO} - - --- - -
0916--570...6849 078-692·5005 (MUN)
ROLOAN E. UBANDO 3400 Cabarro uis Quirino . CABARROGUIS 078-692-5032 GOV. _Ql~-692·5088 {GOV.) __ _

RE90N Ill
0917-887-2861
KAREN ANGARA-Ul.ARAN , 3200 Baler. Aurora I BALER I 042-209-4291 {SP)
0920-970-4140
EDGARDO P. CALIMBAS , MARIVELES 047-791-2106 --·
0917 -525-42721Staff Bet.:.0023-7047232 .
!.- --~~!:..~:. A~~~o .3901?.. _M<!Ioto~ ~it~. B~l!l~.CI.. .9U_IG~~T9. . .. .. -~.?- ~!::~.!.~?... .---m~:~~en-ln.-r·-
·:, . PET~R MA~~~~-A. MATIAS
, .. _ . . ·t·

. ~100 P~la~n -~i~y. N~eva E<:iJa

... .. . .. .
. ST~. ROSA . ..
_ ... ·_
-·.
1
o919-39o-oaoe nr.o..~--I"To+r 'J ,.,o
Is_t~~-()927-51 ')9¥.~/09~-83~~·oa . ..
.~:4~!.
·~-. 1--~. .,.rr
~_ 04(:~~2i!Q!/ (p.t .
.
04~-94~1~~7l~OV} "'~~--lflf~J . ./)Gil
. j 2000 Cily of San Fernando, . 0917-522-0285 045-963-6484 VGO ,
~ R.~LPH DANIEL !'J"..ti.~SON _P~mpa')ga _ SAN FERNANDO CITY . •.: 045-9f?3~?:~~5_9ap./963~~22_ C~y Hall .. 045-963-3422 (~ity H_~U) .. .
. 0920-945-1234 . If!.~;..-_ CJ.q . ' ; Jv ~::-.:. . tD
i .::Pd9~ ~Q~~PH __S. DAV!O r
. 2~00 Jar.l~<?. ~itY .... · ··-·. TARLAC CITY ·----- -~~~?:~J9.!f:~-~-t~l. ___ ~1~.~~0¥-L_ -- - - -
:_Q_UST IN EWALD D. DE GUZMAN ,j 2201 lba, Zambales ! 0~~~..-J:If:- ~~·tl, l
CABANGAN
+-------------------
REGION IV·A
- ---- - --·· · I Staff-13929"19~7"728 ·· - -···- ~ 091.8-803-0635/0927-906-9252 ____ __ 04'3-7-2i286i-· ··--- - .--
__:LO..SL_0_J9.J3..~~!:...... 4~00 Bata_r_1gas g!!Y_ _ _TAYSAN o 1; ) • j < L .:. ~ -nl 0920-938-1901/043-723-2867 _.J.t:j '...-,;-:: 043-723-0103..~Pj___. - -·· .
 NAME PROVINCIAL ADDRESS LGU CONTACT NOS. FAX NO.
Staff Amy-0917-553-2026
MAURITO C. SISON • 4109 Trees Martirez City, Cavite GEN. TRIAS 0915-3011614/0919-885-9506 046-419-1037 ISP
0927-2676638
DANTE B. AMANTE · I 4009 Sta. Cruz. lacuna ; SAN PABLO CITY Staff-0917-5929136 049-808-4485 (VGO)
0917-537-1529
oq~_LOO_c;;~ARE~-----l.~~o~ .~.u~na__City, g~~<?" 1 UNISAN I 042-660-3047
--
· 0921-355-9no I ' (..j .. , rc. 'i{;..v .
I
VIRGILIO l DE LEON
.. -·- .
j !_?70 AntipoloJ~i.!Y, _f31Za! ·- -. PILILLA - . . ·- ··- .... 620-~400 LOC. 2301(2303 .L.v ...- _-..! . -J 1 . ... . .. ···· -·-· ·- .. ... .-
:

I1-"REGION
__ IV. _
-B_ _ _ .. -- wo-. -··-· ··- . --··· ·- · -·-·---..- '"6939-'172~3869 '"' ..... ··- .. -- ·-·-- ·..·--- !--- -.. - ... - ....... ..... - ... - _ ... ·-· ·- ·-

REYNALDO P. SALVACtON , 4900 Boac Marinduque BUENAVISTA 042-311-1285 (SP~-1"3':'1·- rt.iO 042-754-01~Q.J~ -
oq.n.- ?~J.. =lf~ 899S~!Sotl6SS 0 !~,
5106 Mamburao. Occ.. Mindoro MAMBURAO 043-711-5001 (SP) .. 043-711-5001 fSP)
ALBERTO L ALASTRE '

GIDEON 8. ABUEL - 5200 Ca!apen Citv. Or. Mindoro BUlALACAO 0920-982-8205 043-28~2450 (SP)
5300 Puerto Princesa City.
SHARON Q. ABIOG-ONDA . Pa!awan BROOKE'S POINT 0917-553-2832
0908-872-6163 ·---·-
1-fAT~IAS . P_E~EZ · ··--- - - -t--5500
Romblon. Romblon
-· .... - . - - ·· - ·- -- - -··-- . ....... . .....
..§.~t-!.AGUSTIN .. _.. _ -··· ..... - .. .
·----- 0921-992-3644 . -- ·..· ·---·-1---· .._ _ _ . ·····- ·- - - - -..- ·. • - - ···- -

I REGIONV
·- . - - -· ··- · . -- ···---- --···· ·· ·- ... . .... .. . ·- .. .
---- -~ ···- ··· ···- - - - 1-·- - - - -·- -- - - - _. _..J__, - .-·- ··- - ·... ·--

-~CKYP MANA~A_t-1~ ~6000aet, Camarme~ N~.~.. .· !PARA~ALE -_--:~;;1~:797 .

I MA. SOG_08RQ_l. S~~BITAN 1.1.~ L~~~.E!..f.!!~~ay__ -·- -· i POLANGUI ------

--· .. . ,. .. · - - -..
· 0920-970-0276/Statf-0927·3228882
lpzy. <ff/-1G.,P f/
• ·,
I ALEXANDER JAMES 0 . JAUCIAN 4418 Cadla'l, Pill. Camarioes Sur . LIBMANAN. . 054:51.t8178/451 -2184 !. 054-511-8800 i.J..."'~
, LEMUH P. SURTIDA _ 14800 Virac. Catanduanes _ 1. VIRAC . 0918-432-0590
1 ~ 052-811-1335 (GO)
1
_2~0Q Masbate C~-- crQ:' .. -·--
0921-711-1136
: 056:,333-6331 1 ~:'''~0~1~\?
--l.
.
: ALBERTO R:...·~~XO::..N;..;.._.._ t:MASBATE
I0921-773-8179 056-333-§?30

_____ ---
'-----BERNARD
-·- --H--
HAO I
· · -·-4J.~O Sors<:Jgop~~L----- BULAN - -·- - 05~~211-3990 (SP} - --- - - ·1-2121
! 056-21 •...;..;;_;....._
 NAME PROViNCIAL ADDRESS LGU CONTACT NOS. FAX NO.

REGioONV1 T
0919-8831801
l JONN.A M. TORRES lssoo Kalibo, Aldan I BANGA i 036-266-5572

IMA~YVIC H. ~EA~- --~00-~ Jose. Anti~ ·---- -~IN!:Y_ _ _

MARIALEOBETH B. DESLATE· .
0917-716-843()
0917-312-0100 -----
I
. -036..02t-0595 {GOV)
OEU.C~~N~... ··- - -·· . _ . · _ 5800 Roxas ~ity,_Capiz .. • -~~Y. _ . 0~~21..004~ ~Q.C . ~~22~1..?. ' 036-621 ~6924 law oft '
!·
033-581~3351 (\iGoV)
-··-- --·-·
NELLY M. SIOENo •
-- 5045 Jordan Guimaras
,_..: .. _ __ •.!L. _, ___
··-·--- B~~~-~\f.ISJA. ·- ··-- 0917-717-696410917-301-5511
oo1·1=122:i9oo--··-- ·.. ·.. .... .. ... . . - _Q~~)-3~~0VL_ ... ··- · -·
..•~£TTE T. AL.QUISADA , 500Q Iloilo City TIGBUAN 033-S11..e530 033-337-6067

RAUL C. RIVERA , 6100 Ba.colod City, Negros Occidental KABANKALAN CITY

0920-9B9-026910926-507-7112
034-433-25251432-3145 ==~.i~]). ,'tff'l.

ReGIONW
0917-701-8831 ~~~ • 038-501-9902 (VGOV)
RAMONITO A. TORREFRANCA ' 6300 Taabilaran City, Bohol CARMEN 038-411~n1 036-411-4771
. 0917-725.{)962
~~~E~_BEMEDIOS D:...M.ECA_' 6000 ~~.qtY.... _ .......- ... -· _... -·- - OANAOCITY 032-2~7935 032-2~7~~..{~!!1.._ ..---·
..- .. ··-···· ·- 691tJ:e7~~348-- . -· -·..... _..
.~ ~g-~et~ CitYJ Qr!.~ -~-~- ~ Q~~U.!;T~_G_fTY ---c..~t1:9~-- .. -· -.. -

. ..r . · -...
A.El L. MACIAS ~ . .. . .... 035-421-0200
. "-~ ··: •!· ~-· ...
- - . . . ··-·

REGION VIII
. DAUG ' . .. --·· .~2.~ SiquiP.'!.~£ -···· --·-- +
,.09ii-306-0028Kl920-927:2820
~SONS. UY 6500 Tacloba.£1 City. Leyte . ' PALO ·-- - 053-325-40001325-7046 _ 05~323-7538 (shell}
1 i 0917-632-1196 .;.;.&.....---·
: RICARDO R. KHO
j .
16543 Naval,-Biliran
- '
NAVAL 053-500-9649
0917-306-4354
()53..500-9345 SP

:_§ARAI-!.f. DAMPQ~ - -- - - · . 6600 Maasin City, Sou.them ~-e-~MI\9ROH_Q'!___ _ __ 953-381-22741570-6579 ...__ ~ 053-381-2274 ~GO) _ __

~LIO T. 9ASU.~O .. ___ .. 16700 Catbalogan. Samar LcALBAYOG CITY _ ' 0927-280004210929-7939777 I 055-209-1725 tM..Ql _ _ _ __
 - --·· - ~AM~-
[ .
. ~Q.hf.N@.§!::~E ~J:IBAN~-'- _§_800 Boro~DA. EasternJi'!.f!l~.--- ____ LTAF~ .... - .. - .. .. - . . - ·· .-
. I'
~~~~.-~:-. HER~!'~~~-
l ~EG~Q~ IX
I
LUZVIMINDA E. TORRINO
,_!!..OQ'!E M. .Y.~~~ .: -·-.
IMUJAHID C. JAJUR~E
REGION X
RONDA M. MARUHOM \
1 R~D f. .. DETlCIO -~
~~~9.Y-~~- !3: ~~AB_A__ '
- - · _9_1~-~~aj~tf.'!~~~ --·---- . .._ .. ----+~~~~Q
i' ~LS~ ~ NAV~RQ .
ARRlSH T _ CANONIGO .
REGION XI
. JANR_~Y G. (3A_Vlt~-- .
I CONCEPCION ZENY E.
. FERROLINO
VICENTE f'ERRER R
CAS TILL ONES
; JOSI~ LY\'J ~ ROM,/''\NO_
__ PROVINCIA!,--~~Rf.'~~-=1~.·- --~~---·· -i -··--·- ·.. . ~~;;~-~ ·
0917 R8i 14~ OCt I ,
- ..
···-·-- -~-~NO.-·--
. I ;...Aiol· ' '
Q..55-261-37!~. OFFI~~1.-~1. - - ·--~~5 s~-- I. 05~-~Si'-~414 Y~9. -- - .
. . 0927-$5~3009/0917-597·1717 . 055-500-9127 (VGOV)
.. 6400 C~~-~~!'!~~m S~!:. _ CATA~:~ ____ .... ___ .. . ~~~~~~?..6 (Mgj _ _ _ ·- _ ... _ . ..i~?.-~9~~5 (~Q_~)l_
.i . - ooS-212-'32:25 (V-BOV)
t 7100 Dipolog C1ty, _?:ai~boa'nga del ~orte ....
09o8-895-604(f . .. . .. . . . ·- . ... .
; LILO'( . . .0~5~~.1~~!~ . . . . . .. . . ... ... . • ..9§5)?1~. ~-Jl~l (}!;~-)
· 0917-715-41151Statr~~7-993-8220 ',~(r.) .:H -l,i '>1 ''·>'
7016 Psgadien C!Jl'._Zllf!'POI!.Ill!• del Sur~~.1!\!i.c\[TY ··· - :---- _9~:~~--~- ~- ?.~~~: .VJ~:... ~~-~ I~-N~--11J~... -~-?-~_15-~32 JY_-§Q!j_
I_il Zamb.oanga Sit?t.g~- ..... --- - ·--t-rrrf\Y _ _ 0921-428-1355 - 062-333-2217 IPIL JRS
0909-862..ao73
9209 Tubod. Lanao d&l Norte SNDIMAPORO 088-22t ....276 088~1 4276
0917-632-8076/Staff-0905-n4-3245
' 8700Mala bale Cit - Bukidnon -----f-!!C.A~Y8~lAY_CI'Pf_~~~~-:f~~-- ··- ... _ ----· -·-··---------- ----~ 0~~~~~~3845.GOV
- I . . . . . . ---·-
---f-092~~-~~~6211_ __ ·-·-· _ . .:..... ~ __.. _ _---~ .. ..... ..... . _ ·---
091 B-945-31 85
____ _
__ . : 720! _Oroquie~a -~~y, Mi~f!•i:s 9cci~!)l~~ __ . rC~~!~·- ·-·· --· --·- .... . .. ,. ~53}-1~ . . _.. . . _ . .. . ____ ~~531·~~1~-tSP) .l'_
: 9000 Cagayan de Oro City, Mist:~mis Oriental . MANTICAO 1 0900-691-5125 06822-l 14545 SP
· I
i . j i 09:28-500--9200
. ~..Q!99.r~_9.Y!n _Q!!Y-,. p~~ -~~~ Nof!e .. .... ---t.£8.~~?.9GITY . .. _··--- ~~~?21~~~~3,- 0928--7-Si-3Sfa ·-·-.. . I 054-216-}5~-7
.... 18002 Digos Gity. Dav-c10_~e! ?.~f __ . . _ . :.flAOAOA . : St~ff ··0939<~?~--~~~ __ -· ---·-· .. ____ .. _ I ~2-553-48]4
~-tg-~}~1!.~.•-t~! .R.a.Y.ao Ouent~l
!
·- J3pST,QN_ . ·- · ..... . . 0900·9?~·8i04 t·"' ,.-.~ 'fl..
091()· 705-7395 l·lid. . .... - 1 ".
'JI.'
f. . . .
: 08'1 ~-3213
.
j i~JO N~LD)~_I:~n. Cg.fi'!P.Ostela Valley ·- _____.__g_(?J~?CA}_Jj:.~~---- _ OM·;+~~:~ . . ._, ___ -~-~ ::..l~(,._.__:P_~ :-~t,J~ -~l:'l-}i'6--!.J1~{~. !Jt-QQVL.
 :
' Rf'~X~~d= ---:·-
.
1
•
- _- P~VI~CIA~~o~:
RQ9E~JQ_. L MA~N<?N_ .. -~94f?_9Kid~City~.Cotabat~- --·- .~~GPET _
. 1
-- .
~;-=-=r= ~~00~~~~:-~ - --~FAA~-~ ~--=
--- - ··-J·
.
_ 092~~?31-79§?. ._
. 0919-577-9454
.. _.. .. _
.
_____· 064-278-7004

_- W~~IA C J!l':!l"AROINO _ -i9_8!15 l._,;,af12~-~@l____ ____ _ ____: ~-~ . ~OL:~~BIO_ _ ,. ~-·-- .. .. . . ~~~~~~t~:t~0~1~!cf~1l~~pO~'f- .. 083-&>B- 0S (SP)

AR. ¥~-U~.~l:JJ!-:1 ... .___.. ...,..:~_1_f\~-~~I._Sa~~~.~--- ..- ..- --~A~\)_NG.Q.~: ·--~- q~-~3540(Y-G9VL__
42
:. - -.. - .... __ .... ..- · •. 083.-SOB-2205 __ __I _____ .. .1
. . . . 0905-970-5536 .
; . I
i JOJET B. TUPAS 1-~SQS Koronadal Cily, _South Cotabal~ I t,.A.~~ ~~BIJ.. . - . . .. i-0!}3-:2~~8:.7_~~... ...
. . 083-228-3446
-- . -
A~
. • ... XIO·
REGION ·- ·· - - .... - . I
... .. . ...... . .. ..... .
I
'
. t . . ..... .... ·- - ·- ..... . l ·- · .. ... ..... . . - . ·- .. - . . . .. . . . .
..~l:f_E!:IJ~.M:...BA'SCUG ~J...!..soo ~.~~i.l}~~r.~ridad. ~~ dei~BAVUGA~JtJIV_ _ _ _.J_~?~~l~~-:~42..__[_~-, ,,~') -11)t, 1itf ~~5-~~lt-'~,v ~
0918-300·5643'
ERNIE M. CENIZA ' 8600 Sutuan Cit 1usan del Norte CABADBARAN CITY 085-342-7621_Q~~~ "J(,, f&'g{) 085-815-2004 VGOV
0921-5~877 -
FRANCISCO M. GONZALES , 086-826-8242
0921-488-44471 0918..a25..SS88
I CHRISTOPHE!lJ ~!MENTEL
MICHAEL ANGELO M.
r3QO Tlllld"9J<!!); Surigao del &i 1 -- ------- - ~ 211-3152- 086·211-3 t19·(SP

~-··- --· ... ....._.·. .. . ...._..... .. ..... .. . _.. ....

E;~Ls.9
ARMM
. ... .. ....
·-s~ ~~~QI_r:~~tJ~.~~9..._
'
. . . ... . .. ..... ... .. •• • o e ,o - • • •- 1
-~~9~~~?543
• - ·• • - ' ' -' ' 0 . . 00 0 oo

I.S:.P~IN J..LIS~~¥.AN . . ! 7390 1s~~ City. Basilan _ · UNGKAYA PUKAN ! 0926-58'2-2868/0917 ·631-9915
1
. TIBUlON L SANGKI
t Add: cJo LBC Cotabato City l,for pick-up)
; Prov·f .Capllol. Bulu~n, Maguindanao A!\i'I?ATUAN
r0906-600...l461

.~::!:;::aw>T_~ _---- .__ 1 ::~0 __

.A.BDUR~.O lMtLER W .
!:!URA.HAN

1
: 0911-3%-'9611
: -· - · -~/1
1r.-: . · ~··\ ·r".; f:z=p ~ · r

___ J..~~-7~2::4158.. r c.-~1 ..~~L:...tl_f?t:_

_ _= _®..a-~~_t:t.3~ ... ·-
1
I ED~~~R ~.:.L~~~~u.... .....:..
' MACAPADO AGUAM
: BE_t:IITO, ~~ J 9rqo Maraw!.~1ty, L,anao del Sur . . . CALA~9GAS .1 0921-31
-· . 2-2798
_.. .. . . -· . ..

Source: Philippine Councilors League

Nati"Onal Office
 ANNEX C

!11teg•ated Resutts and Risk-Based Aud~ Manual Phase 2 - Agency Audt Planning and Risk Asses~sment
Form 02~3: Agency RISk Model

AGENCY RISK MODEL

Objective

The Agency Risk Model is a tool to guide the audit team of a particular agency in the
identification of agency risks. The Agency Risk Model is a comprehensive list of risks that an
agency may encounter which could threaten the achievement of its mandate and objectives.

This model shall be regularly reviewed, updated and customized to consider changes in the
public sector environment as well as to consider the impact of new standards, laws, rules and
regulations .

Accomplishing this Tool

Risl< Reference Number

- Assign a risk reference number for each agency risk identified. The risk reference number
would serve as a reference for the auditors to easily identify agency risks. Develop a risk
reference for the identified risk per risk category (strategic, operations, compliance ,
financial) .

Risl<Listing

- The Risk Listing is a table of agency risks divided into the following risk categories:
a. Strategic
b. Operations
c. Compliance
d. Financial

The table lists down all potential risks that the agency may face . Therefore, there are risks
that may be identifie.d as a risk of the agency in the current audit period that was not
Identified in the preceding audit period. In either case, the risk listing shall be maintained
regardless of the existence of the risk at the time of the identification. Likewise, the list
shall be regularly updated to include emerging risks that may affect the achievement of
the agency's mandate and objectives.

Last updated · March 2011 11Page

Vers ion : 02..03f20111v1
tnte<Jtoote<l ResuM and P.tsk-BaSC;d AudU Manual Phase 2 - Agency Audl Planning and Risk Assessmtnl
Form 02-03 Agency RISk Model

R1sk DefJrutton

- Customize/create ttle definition of the risks based on the nature of the risk.

a. Risk Title -The label for ttle risks identified shall be properly chosen to reflect the nature
of th e risk even by just looking at the nsk title.

b . Risk Description - Th e risk description shall be clear as to cause and effect of the risk
once it materializes. The risk definition shall be generic in nature and shall avoid including
process-level effects that limits/restricts the risk descriptions.

,\/C)TE The •tams m the siJcceedmg pages are just samples to illustrate the tool II doe s not represent any fa cCJai
data 11or any lllSUit ol prior audit ptojects

Las! updated March 201 1 2JPage

Verson 02-0312011 tv1
 Phase 2- Agency Aud~Pleonllg and RiSk Assessment
fol!l1 02.00 Agency RISk Model

AGENCY RISK MODEL

Prepared by
- - - - · - - - - - - - - - Date
Reviewed by
- - - · - - - - - - - - - - - Date
Approved by Date

Strategic Operations Compliance Financial

PlitMi~ am! ~rce: alkK:ation pojoj;.: serwlre and qN!!'iltions Mnndotc Mortcet
· Gt{; irt i~h"-"'' ~ uuc:u!e • U.51nm21'/pu!Xi<. :.;lli, (ac.lion funruons · tntens.it r.~:t~
'-;·,~te£.1( ~an~~ •Olanne: eif"'t•v<>ne>s ' t=ureignnllrfEil"..V
G0\/11/'1\all<C
i) JW,r ..Jhl)f\.1) p;.;f}ft!fl~ •!:ide lime ·Co<r.rnoollv.
llnatd l)ll!rinrtn ~r~.ej Agenc.y
· BtaJv.El:"'l •SeNcela11tre . Fif'Wtl(te)l ittSIC~t~rl
MJnagement Ulmmntee
·f-~f!Ga ..,t€na • Eff10enry l'uilil~oohcies
Tone ~~ t~.i: 1r·,:;
P.v.:-uli!Ct~ d ~OC.2Uon ·C.;>~~oty
1\uthol>fy/\o m" 11e11 ~'><~ '''"'' p.->w
t'.ar;!i;;J:::':'"und~~nr..b!il'~t • P<>rform•nc;e '"""'""'/i•P Cont:tc» env~torum:nt !Jqu!dlty and <redit
Cf.!{!!.zH·CI\.c! ~ !YIC'n.~l • P"•rt,.rins/<OOttat1illjl
· Or..w.&rtnr.l foLviflllr:-. • Otizenr<!lari<HIShlp m.>""l(omem · G-,rpnr~te -sucial :e:.sportsiC!ItfV · ca~n rnanagemom
· fh~1.nnanon ·. 0PIJO'tlnty rosa
(N:!\(t~KCifl{t sys\~ilt'MIOig~r.izati<>n
·Cnm.,,oo and fraud l"tJnd,PC
Major~rHtiatiVes Cude ot amdunr
• HEdQ!"'l
V•':..tC~~ J;,dd:rK"t~l [lhi(l
People <"tP.dlt and coHCOit7l!lo
f'til:t;'lUlh d'ttl t>t:-.... •Jtll:)fl ·Caitae i-f .ttJd
- l~«<~na!
Mt" .. ';).mFm~t1 ;;,f'T.J ~'-tni!ori!~ fmp(Dyt>ejthn:~Jpar!y frdud
.. ftf!O'Utlf~ and mtentioo Foreisn..,.<tedl"""
le\:~~Of!if ·•nolt-i"t'".eNannn UlegdlolCt'lo
· Lle..elwmml iiJlll pcrlo<mAnc~
Prnrt:n ewhJJ:JUn ll.ll..m.:s~tment fra~l AcaKI!O~ and 11!po~i~
• succEO•fc.• p!aOOll'lJ
Char~~ ff"adi'fe!o.._ Utuutfjol.xlltduse Acxo.inti"4 re"'""if16 and disd.osi.Jre
• Kno,<~erlge capilai
t.Hm.:;H u:afl¥ ;:r;a ~~~•Jl.ibf'!l"/tnfwt\~ lm~I~JO
<:orrmer~C! honarid ~neflts 1..~.,
Edut .J ' '·"lrl ·I!'Ml'slrnentevulwbon
• Perlmnurai~emive) ((>111t;tl
He-allht.lre :n•r.no.!S. detsve:=-; • Healthan<hafmy · 1allsn.ategy .. nd plior»l~
l.r~Cqsy and wa{e; m;uwgemenl I.Jablotv
11\teilactuo l prql!!r IV C..pital~
t:.v.~tlyj..Jis.lf,bifli<.lll) klfonnation wo:tmok-ey
~ Ml.ic:OfiUPliOO · ()~bt
£ttv1rorsment dyrBmiu •lnfmnatla-, marwgtmen!
< ~t.arrty/acc:ess
· legal •£q-JiiV
{.(.f,li\(Jt: ~t( 1. ~!~~~

s: •no.n~·.JiJI m;uia:!~ · A""ilabil•tv/cooti""'1Y fteeulatDrv 'l'el""'"t"""'

'" '..ow• ~·ttn/pnh!H:al •k>l~ity
Tr•c~t.
(a;!,tt..lf:l~•ISJUl;h( "'dnt~ lnfnwuct""' (.u~rom!i
ttnOCJ :::tf!_!,.,r •c'lft•N.tt.oo f~ocuretnl.1 n.t
Ha~s
t; h~t t~n.e-n~ ~r. Raa<l·•igtrl of w.1yi~ROW fAc(jll.,tioo
·Nah.Rdt<t~na
• ,::.@;.~o,·<!!T:tr(~n.roeml:ndus.rry L..lxl'
• T,rtYur~ndmitliaouscu."t~
. \~!l\~ : ; ~:, Sacunt1es
M>tl<t!tntnamic:< ~$1cala­ fn~ttroruuen1

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· lt.~l'jdfr11 2!\.'1!. · Pcopony, pionrand faoHrte> · ln1amationr. I

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P1JU•it !4~la~ior.'::
· !:m.,\ ;.:cmnm:wr..aHOM
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Last updated Match2011 31Page

Vers10n 02-03(2011 /v 1
lnt;;,grateclReSlrlts and RISk-Ba!!Etd Audk Manual P11ase 2- Ag~ncv Audl Planning and Rrsk AS131!ssmeril
Form 02-<13 Agency Risk Model

STRATEGIC
--~----· --·--··· - ·- ---
.. - -------·--·-·- - --- ·--------- ·-· -- -
Planning and Resource Allocation
I Organizational
The overall stru(:ture of the agency instrumentalities does not support the
l S1 structureachievement of strategic objectives in an efficient manner
~------------ -----,T=hisriSk referS'(i:;'!ii-efnab~ity to discover. evaluate-and sele!~t aril(if,g- -- -
!
'52 StrategiC plannmg alternahvas to provide mrectmn and allocate resources for effective
!._ ----~~.£~!!o_!!_tg_achieve the strategic objectives of the ~""
nc;;..)',____ ··-- ·i
i,
This r\sl< refers t£> the misalignment of operating plans and execution to
! S3 Operational plannrng
strategic planning L..ack ot mformation needed t(• make the nght d~ISI'of'l'> .
- - --This risk "Teters
to the inib~ity to ettectN'Eily1iu<i9eHoTi-iewar.<feXisting· ·- - ·
initiatives that support the overall strategic goals and o~ectJves for growth.
e)(j)ansiOn. acquisition .fiir public welfare.
Budgeting
It a lso rsft:rs to th s inability to effectively budget tor programs and projects
tt\at vioutd rne.et the agency's Medium Term Philippine Development Plan
~ . __ ___ _ _ ~~!T_P!?PJ _
1 Forecastmg
Thts rl$1<: reters to tile mab~tly tv forecast financtaltnfcrmaucn to enable ths
S5 altr;catio n of resources to new and existing initiatives

I S6 Resource allocatiOn
Unavatlfibtiity and inappropnateness of resource allocation process
pn>hibtts ltle agency's ability to pro.vlde value for puljJC
~-·---
lnsuffictertt acce.sr. to funct threatens the agerK:y s capactty to g10w. e~ecute
Capital/fund availability
in. strategies. and a.:::hieve its objectiv,:,s.
f - - -- - - - - - -- -·---- The ag~ncy·l ;as ariObsofete operation mvdei and doesn't recogniZe it -- .
; SS andlor lacks the information needed to make an u~rtv-date assessmEnt of
I Operational model its curr£-nt rnCidel and b\.lild a compelling operanonal case form modlfymg
(_ ___ ... that model on 11mely basis
i - -·--···-· -------··------- --·---- ·---rack of r'eievar1fat1d refiabl6 itlfoimation tiiat enabiesagencyinanagament
t Operational portfolio to effectively ptiorttize Its sf: !Vices or balance its f)perations in a strategic-
! 89 context may preclude a diversified agency from maximizing its overall

1-· ------------- ---b~~~~Z~~~;.:aCiiV~i-as_t_o third parties may resutt"in the third parties not .. ~
!S1 0 Outsourcing inte11~
IJmits of their authority or not pertorm1ng in a
acting Vvitt1in the
.. ___ ~--- ~~n~!! c_~s~~!ef!t. y,j,th t~_e ~9~!l.9i'·§__~_!r-~t~g~~..:~~t!.-~!)~~y_~s~- ______ _ ··i
Major Initiatives
.-------------------·---thrsiJSr'ieter5- iOihe .fa~·i.Me"Io-esiati1SI·;-a-vzslon-anCidi.iectlan·tor ..il.ajor
~ S11 initiativf:ls. mcluding servrces. products and programs that will dnve future>
Vision and direction
growth. It also refere; to the fa~ure to establish projec! acceptance criteria
l-----------------·---------- and ~~~~~~~~~ure~nst the c;riteria ___
: $12 Planning and Thrs nsk rerers to the failure to plan and execute major initiatives due rn a
execution coordinated manner
- -- --- -- . .. -- -------Tti!Sii$1< refe·r~toilie-ia~ureta identifY appropna-te metrTcsand
asSe$5.. ·- - .. I
S13 Measitur~ment and pefforrnanc:e. qualitY an<l adhetence to the standards as set forth t.y the \
mon onng agency _. . _ _ ,
_,_
. - . -·-- ····-- ···-· -·-· .... . . . . --·-·- ·- - -
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fnt.,grared Results and RISk-Based J\ud~ Manual Pllase 2 -Agency Audi Planning and Rtsk Assessment
Form 02.{)3: Agency RISk Model

s 14 Technology. This risk re_

fers ro tt_Je failure of a major technology implementation to ml:et '
1
.----
I s 15
tmpemen1ation
- -~------·----------·-···-- ·--·----- ______
the strategic objectives of the organization.
. .... ------------------------------- ·--- -----,
Failure to evaluate project proposals may result in problems when the
Project evaluabon ;
J

1
project has been approved '
1
........._ -----·----------- ---·-The peopie'Wfifim-tiiiia'gency are unable to Implement process and serv"ic.i' "1
S16 i

l~
Change readiness improvement([, qUickly enoL1gh to keep pace v.ith changes In the putJ1c
environment ,
--- - - ·----------oFallure to foresee· changes in iiieenvilonmentan(festablish inltiativesto - . ;
Climate change and
1
7 sustainabilitymitiatives ~:~.:;~~;;th b1olog~:al cha~=:~~:~~lt in stop operations and ___j

' Environment Dynamics i

--···- ------ . ·- - ---- - . ·--· -- -..--1
Econorrik. changes. such as l~w,~er economic. grovlth reduce tax revenue ·
1 S18 Economic changes and opportunities to provide a wide range of services or limit the avariabllity i
I
t-------------- or gt..!~!!Lo.!.~~~tjD_g_!~fYi~es. ______ .. J
S19 Movements in prices, rates. indices and the like threaten the value of the
1 Financial market
! agency's financi<:ll assets.
- -- -- •. --- -- .. ·-- ---AdVerse pOiitical
at.:uO ns ln 'a
COltriiry ii-t which the 'agency-has mvested
significantly. is dependent on a significant volume of operation or has
;:,0veretgn
: ~ /polltlc
! 520 a1 entared into a significant agreement with a counterparty subject to the Ia,..,;;
~- .. .. -.. -·----- ----------------- -~.L!.~~!.S<:J_!:!!!.1£Y..).bE~-~l~~-t!:I!:~.D!?Y~.1~0I.irces and fulure cash llovJS. ---·- .... _
The agt;ncy may not be aware of changing peJVasive public needs and ;
I. S2·l Customerlpu~ic wants wants. e g mcreasoo demand for faster turnaround on services. i
... The agency is not leveraging advancements in technology Its operatlor__J. in
's I'
l, s Technological to achieve or sust<~in advantage or is eXPOSed to the actions of other
22
I innovalion agency's or substitutes that do not leverage technology or to attain supenor !
.' --- qual tty, COSt ar~d/or time performa~ce 10 their $efVICes J?'"OCeS$8$ . .
Failure to monrtor the external enVIronment or formulation of unrealistic or
---1
1
I 823 Environment scan erroneous assumptions about environment risks may cause the agency to
1
I
~----------- -----~-_..fft!?J.Q9..P.'E!.~tig!l_~!f.?~!'.§.l2D.9.11n~L~l~i!l_~~~.0lme obsolet~-----;
s24 Agency This risk refers to the changes in opportunities and threats, and other i
environmentllndustry conditions affecting the agency's environment 1
\. - - - - - --- ·--·--ove"!"camm"ilinent
ofresources and eY4)iicted
future cash-fiows.fhreatens- -·
1 S25 Sensitivity the agency's capacity to withstand changes in environment (e.g.. interest
_ ------ ··· ______,...!..~~~_y_ubl~dema~~h~!J..~~.!.!l~9tliati~_:;;~~~ -----· __
Market Dynamics

Macroeconomics
t11iir\Skr&fer-s·-t;-iactors··~eiatin9'to macroeci>nomiC··c-;;n&Bons-tilatatlecf .
, S26 the ability to maintain or increase revenue and proiitabiity in a specific
fadors
___ _ _a~_~;t:_~nvi~()-~~~~-·-·····-··- - - - -· - - - - · ____
This risk refers to the failure t o anticip~"te and respond to changes in O'l&rall
S27 Lifestyle trends trends related to lifestyle demands of consumers.
i .. .- .--- ·-·-· - -- -- -·-- -ThlSrlsk"·r·e-fers-ti:ith"e-exposur~To-social ancfpohti"caif"actoiSWlihin a market
528 SocJopolitlcal environmem that affect ttle ability to market. sell and service products and
services.
··· · ------·- ··· · ·- ...._t'hiS··nsk re'fers to tfle dramatiC Chaitg6Sin·c·urrentteCtitl01ogies that n1ay
S29 Technology changes Impact ttu:. market viability or demand of current products and serVJce:;
- --·-·--- - - -- - ____ ..__________9..!f_e.!!<J...bY._the .a..9.P:.~!~Y.-..• ___ ...... ···-·---·--------- -·-- _______ ·-· __ . ________ ...... . ... ..

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lnlcgraled Rtsu~s and R~sk-8ased Auan Manual f'flase 2- Agency Audt .Planning and RISk Assessment
Fonn 02-D3' Agency Risk Model

I -. ·- ..
- -·- ..- - - - -·----""T"hi""s-r\Si< refers to the Inability to antidpa1e andii1-ana~shiitS. in ·u·i e .- - ·--·]
l 1nformanon stakeholders want. and the vvay 111 whtch they v.-ant 11
! S30 Media relations
communieate\o to them and ineffective ongomg transparent
1

·-·
I
; s3 1
---
Public relations
comrmm1cations 'Nith the t.JUI:Aic to create gooo.~_
ll . _ _ -· ·--·- ·..----~
A decline Jn customer/publiC confidence threatens the- agency's capacity to j
effir.aently raise 01 collect funds. '
l -.. -- - -- e;f"ersTothe raiiuret'o-commurucate the-r191llmessaga-eifeC:tiv!?I;.- --!
----- - --·-· - -- --__,T,..t.:-,i,_s-r"'is-;:k-::r-
! S32 Cnsis communications to r<~eover <md maintain agency apera1ion;; Ill the event of a r.ris1s or
r·- .. --- -------------· ________:,l~sr.!!P!!O!~_d_!:!e~J~hysic~!?!!l~~ra~~~n:.t~n£e~,
f:mployee ThiS nsx refers to the 1nabff1ty to understand, and respond to. the
1 S33 commurucations

OPERATIONS
comm \mtca~on needs of different employees
-- ··- - ·- .. -,
~··

Poorly performing or pos1tioned channel access threaten the agency's

capacity to effectively and efficien1ly se1V1ce the customer/ publtc:.

Un necessa1y activities thrc:aten the al)f;;ncy's capacity dshve;r S<!lvlc es <•n a

03 CyCle time
I trmely manner
' -- -- - - -- -
Faulty or nonpe rforrning seiV!ces e)(f.!O'Se the agency to customerfp•Jbhc
Servtce failure
complarnts, lihgatJon, and loss of r~?ovenues, and agency reputabor. i
~ - ------ - - -------~--- ----- --- ------- -- - .... _. -1
' 05 lneffid ent opo~rations ttlreaten the agency's capacity to delrver services a t '
Eff~eiency
the lov~es t cost and shortest time possible ,
:- -------·- --··--- . --·----,muffi'cTenrca·pacrtyttifeateflS tti--ciQenc-i'S.·abli~-to rlieet ·custome'lifAit~lc- -1
) 06 Capacity demands, or <wcess capacity thrt!3tens the agency's ability to ge1)erate '
·--- ·-------·--·-··----------8.~1!_1F.e.!!!!Y~.J!!.r~nt-!!!~!.9!f1~'- ---- ·-------------- - ·-·- _;
: p If Inability to perform at world-cli3SS levels in temls of quality casts and/or 1
07 e orrn~nce cycle time due to 1nfenor operating practices threatens the demand for the •
measure gap agen£~~!ces . _j
·-- ... ·· - ______...__, lnefficJent 01 ir"aeffective f:xternal relationships affect the agency·s capacity to J

Partnering/contracbng serve, these uncertainties arise due. to choosing th£o wrong partn.:r puor
i 08 e~;;,cution . taking more than is given (resulting in Joss CJt a partnen and
_!aili~~ to capita,\ize.2J:Il~art,r~~r!ll.lJ~PP~~r).ittes,_ .- _ ·- .- __ ..
People
to
establish a culture that is consistent witF-;--
·-·--·- .. ·- ·- - - - --·-·-·-------·-- - - - This ri'Si< refers- to lhe ·iailure
09 Culture management philosophy and that encourages Integrity. values. and ethtcal
..... _ ___ ·-·· . ..--- ·~~peteru.:e
Recruiting and This risk refers to the failure to attract, hire and retain the qualified
' 010 retention resources to optimize execution of the organiZation's objectives.

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Version 02-03120 11/v1
l ntt.~Jro,Jl~rl R.;wll~ and Rfsl<-Based Audil Manual Phase 2- Agency Audt Planmng and Rask Asse~ent
Form 02.03. Agency R.sk Model

Implement an
succession plan for senior executive and other ~ey positions anrl
012 Succession planntng employee<> throughout the organiZation. It aiS<> refers to failure- to ~hgn
suGcesslon planning v.;th strategiC planning and leadership devt>l<.>pme-nt
_----·- _ _ _ -- -- - - __ __,o:,.:b:~.Je=.;c:..:ti.'~~:._ ________ - -------·
Processes for capturing and mstitutionaliziilg learning across lhe agency
I 013 are either non-existent or ineffective resulting in stow response time high
KnO'Medge capital
' costs. repeated mi5take5, slow development constramts on grr.M,1h and
_ . __ ___ . ___ -----~~~?.ti.Y,ate9 en2ptoye_e:!. _ ••. ....... __ -... . _
This nsk rf:fers to the ~ilure to provide a total comr.-ensatic.n packag& obas;;
Compensation and salary annualnong-tsmltncentive. benefits/perqt.usuesj that are market
0 14
benefits C<)fllpetitive. aligned to agency and compen5ation strategiE:S and reta1raan~~ '
motivate em?.S>Yees to ach1ev~ desired results - - -- ·- - .. ·- _ . _ I
---urr=n-'- If.:-'-a:,;listic. rni5understo•)d subjective or non-actionable ~rf01mance ·!
Performance measures mav cause senaor management. dMsroo heads and emplu'fo;.es
0 1'5
lnc~nnves to act in a manne1 ii)COilSistent with the agency s objecuves. sttateg~es. and
________"""""ethiCal standards, and Wtth_E!,!Jdentagenc y practice. --·--- -·-· ·------~
Failure to proviclc a sate~ working environment for its workers exposes thE! 1
. 016 Health and safer,. agency to compensation liabilities. loss ot operabonal reputation and other
' _ __ _ __ _ _ _..:: c .::.os;;;,.t=-..
s ___ _ _ _ _ _, _ _ _ _ • -l
1

Information and technology 'I

,_______ Failure of Info-rmation systems to adequataly protect the critical data and·-.
0 17 Securiiy/access tnfrastructa.ne trorn theft cv1 ftiptior. unauthonzed usage. wuses ' '' !
- - - - ----- ------~-(!f2!?1a~:.-·---··-------
This risk refers to the lnabaitt to recover from . and continue uninte~rupter.!
__ ;t
'01 8 Availability/continuity operations 1n ltle event of eY.trao1dinary events. systems and
-- --- · _____ _---~~!!'~!!!~~:m tailu.!_~ _ _ __ ___ __ __ _ . _ _ _
This nsk refers to mformation systems that do not provide r~?haUe
019 lntegnty mfonnallon when it IS needed or perfom1 so skr<'Ay that operations arf: not
efficient .
The computet and telecommunications systems vvilh supporting softWate tiol
not capture retain and tJarrBfet da1a in a secure and rellabh:l enwonment
020 Infrastructure
and do not meet the expected req.t.Jirements of the agency at a r;;asonable

- - - - - - -------- -=~--- .-=J

cost
!
Hazards
-· ·---- --~· ---- Thts nsf, refers to the threat to d1srupt operation and ability of the agency to !
sustain operations prov1de essenbal serv1ces or recover operating costs or '
021 Natural events
accCJmplish planned target due to natural events te g. tire. eartnqualtf:. 1

tornado). I
Terror and malicious ag6ncyio)
··"rhisihl"ieii'eirs-toWe"ffireat to diSrupt operaHon aik'l ~i@ffY of the
022 acts sustain operations. provide essenllal services 01 recover operatmg costs or

----~;:: :~:~~:::::: ::,:~:::::~,:::·.:::~~~

1

_ ysical assets
_ ___Ph
023 Real estate
ove1 real &state designed to optimiZe longevity and UtilizatiOn.
p rty pl_t_d
_ _--:;T=<:-his riskreteiis to the failur6 to (.XOvide physical protection ancfsiewarrJshtp I
. 024 rope · an an over long-lived assets {such as buil<ings. furniture fixture6. machirntry I
I facJiibes ------~~i£1:1~~~-~~<,:1-~t~~!.~~!?L~i.2!)ed to ~timize longe'li!}l_a!'E_l~_ga_!~n..:...J

Last updated . March2011 71Page

Vers10n 02-0312011/'o/ I
Integrated ResUlts and Risk-Based Audit Manual Phase 2- Agency Audl Planning and R1sk Assessment
Fonn 02.03: Agency Ri51< Moelel

Inventory

COMPUANCE
I

,_
! Mandate !
: -· - -· ·- . - .. . - -··· ·-· . - -· ·-·Faiiure to a·itg·.;· process OFijectives and pertomiancemeasures with the I
! C1 Function mandate of the agency, 1ts objectives and strate9ies may result 1n
i
I
~- _ ·· - ------- ---- __ _ ---··-- _cS!!l~i.~~I'!~:...~~<?~~~J!l~ef!_a_ctivities t~'?~out the a~ncy. .·i;
I Governance
' -Bi>ard ·· ·- · · .._--· - - .This riSk: refers-to the failure of the Board of DirectOrs to discharge theil
i C2 performance/Agency
. . 'I
obligations and duties owed to the agenc.y and its stakeholders in good faith
management
~~:vr~o::.~-~q~:.~:_~no'I'A:e to interpret and act on the informat~o~j
- -- - c' ommittee
Senior manag~ment fail.;; to establish an environment that encoura~s 1
integrity. ethical values. and competence of the agency's people through '!
C3 Tone at the top
management's philosophy and operating style. assignment of authority and .
--------·-----ir~e~seo ~'-'-':nsibil!ty. anq the_Q_r:fl~~i?ation and developrnent of ~..Er~e. ___ -·-
Ineffective lines of authority may cause senior management diviston heads i
CA or employees to do 1hit1gs they should not do or fail to do things they I
C5
AuthorityJiimit
should.
- - - - - - - - -------- -- - __
Control environment
.,
This risk refers
___ - ·------- -· ....,i
to th e failure to estat:Aish and maintain an internal contra I'

----------------.~;=;-~-~s;--iro.;.,:-r
,. -:7~:-:.-h-:-:o-ch-;-;th-:-~-".,i.:-~-l~-n-a_gta_e_~e-e,_hna:-t~-:e;-;~-:OC-:-n-;~-:-~;;-~
11 5
:- ·-r:-:~-:-~-:- to-:-~:-s: ~b:;"x~'-e~
=-"'-=-a:::-:::::-:-:;7
-:;-e-=-~-l
:·
r
l
(e g.. conduc1ing social responsibHity training for management of
1 ce Corporate social
manufacturers. undertaking environmental programs, participating in !
responsibility community initiatives) resulting in an unfavorable agency perception wilh j
stakeholders. customers, supjliers. agency partners. employees and the 1
-- - - - - - -- - - - - regulatory community. - - - - -- - -- - - - - ·· II
Damage to the Agency's reputation exposes it to loss of customer/putl1c 1
.C7 Reputation
trust, profits and the ability to grow. !
!
L___-.. - (;~-;--;;t;;;;;J,;;;;----·------ - -· -.. ----- .. .. - - -- .. -.. .
thlsrlSkTa;ers"'tO'iiie~ifiS-ence--onormal
standards of emjloyee behavior
.- ·- ----- - .
j
1 C8 Ethics that are Intended to direct ancl influence the v~By agency operation 1s .
I _ _ _ _ _ _ _ _ _c_o_nducted. abOve and beyond the letter of the la_w ... ·-··--
1--- - --
1
Potential unethical acts committed by agency employees or othe r II
: C9 Fraud
I____ stakehaders may negatively impact the agency's reputation . .
---------.,.,..=-:=~~;:-:-:~-:;:o----r: ·--..--.-1
I
This risk refers to the fraudulent activities perpetrated l:1,t employees. ,
Employeeffhird Party suppliers. agents. or third-party administraiDts against the agency for
Fraud personal gain (e.g., misappropriation of physical, finanaal or information
; - - - - - - - ----- _ _________,?~~.~l~P.O~~~e a~9: to financial loss.
Illegal acts committed by sen1or management. division heads or employees
I C11 Illegal Pets expose the agency to fines. sanctions and loss of public trust. profits and
~----------------reputation and the ltke.
Management Fraud (e.g., intentional misstatement of financtal statements
. C12 Management Fraud
or critical reports) may adversely affect stakeholders' decisions

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Vars10n . 02-03f20111v1
Integrated Resutts and R~'>l< -Ba ~.fld Aucl~ Manual Phase 2 - Agency Auda Ptanncng and R1Sk Assessment
Form 02.03 Agency Risk Model

'!i1ff:~~~~~3~~i·
Unauthonzed Use
~e ~ a~
by (~rnploy6e!1. or others exposes the agency to unnecessary waste of
_ _ _ _ _ _ _ ___;rc:e;;;;s;;;;o:.:u.rc~s anq finatlctalloss. ..
I
Legal
·---·--·-- - -- ---- - - - - ·This riS"- refe'rs to erttf:rli·1g intocoiitractSthat ar~-untavorabietotii'e-agen(y-~
C1 4 Contract and th& failure to complyvAth and monitor contract terms to protect tho:

---- ------- -----i-~2tfe~!~~n~i~~~~r~~bHity. duiYorobhgatl.;·n-tiliitmay result.ii1Tawtul j

C 15 Liability -:onsicler<llic•n to pro'.1de satlsfilction. compensatiOn or Ctthe-r forrn d
resntut1on.
- ----·- --- -- -- -- - ·- ----:-rhlo::-rTSkiefels'ioU1e-raTiure to 'Ci'eate captuie:'enhance. IE~v&rage ar:d
C 16 Intellectual property prote:et the collective knov.1edge. expertise ancf ideas of agency ernpl·>y?.es
.. yalu&d as rl<:.rt-plly.sic§ll assets . .. ..
Th1s risk refers to the failure to create an agency enVIfonm<mt Whtch 1s
C1f Anticorruption
opposed to conupti on. and mstill agency practices that prevent corruption
Ch8 rlging laVJS threaten the: a·genci s capacity to consumm-ate important
: C18 Legal transac!Jons entorce contractual agre:ernents or imp~ment specific ;
strategies and activrtie., . !
- - - - - - - ------·------ - -- ..··------ -..--- ---- ---·- --- ----- - - -- --- ------- -- - - -- -- - -·-..-~ - I
Regulatory
·· · ·ri)is- riSk 'ii:ters io ti'ie f~iilure ro tdentify and prevent legal nsks posed by
C 19 Trade non-compl1ance •.v1th agency and interna!ionalr egulatorv requirem ents tor
__ _ trad e pra_c_tic~s..:.!l JL ~~~~-_<)U!J~f~(;l 8[1~ trad~oik:L ___ _ _
This risk refers to the. failure to identify and prevent legal risk& posed by
C20 Customs non-complia nce with ag~ncy and international regulatory reqUirements for
Customs
This nsk refel'$ to the farl ure to rdentity and prevent legal nsks pos.;)d by
Procurement
non-eompl1ance with the agency procurement reform act

C23 Labor

' C24

(;25 Environment

C26

C"7
L. . lnternatJonal

C28

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Ve1sion 02-0312011/v1
 Phase 2- Agency Auot Planmng and Rl!lk Assessmem
Form 02~3 Agency Risk Model

ur<: to
Health and safety norH.omplianc.e wrth agency and International rules and regulations for
--------------:.:heal~~ntl ~afe!;i_.____ - - - - - - -·
Thir. risk refers to the failure to identify and prevent legal risks posed by
Competitive non-compliance >Mttl ag&ncy an<Jmternational rules and regiAatJons tor
C30
praclice/antittust competitive practices/anti-trade_ Lack of awareness of statutory and
!~~.l~).ory..applic~ti.o~ .<:lieXJ)9rt_and Cl!~t~_s.P.~'!<'.:!~~-~nd ~<¥,l~~ments ..
FINANCIAL

Matket
i'
ThiS risl< refers to the unfavorable price paid~' unit of funds borrovie•:f0r .. ·•
F1 lnrerest rate the rate of return recelvf:d en Invested assets. or roterest rare flurwanon$ !
_____b~Y.~~~L£.1'2~.;!~.r.~_n_9~ _ ·- · _·- .. ----. ---·
This risk refers to the unfavorable f!uctuattons rn the currency of c;nother
F2 Fore~gn currency marl<et that 1s needed to carry out intemallonal transactions.
---= ·- -:--:-:--· ---·------ -·-· -· - · -· __ ,___ j
This risk refers to the unfavorable fluctuations in thi! price of raw mate11als 1
. F3 Commodity or othEot commodibes used in product developmenV~rvtee oelrvery that are 1
not an!~<.~!E~~.~~Y-Q~lman_<1led. . _ ~
Financial market risk can vary depending on the particular segment ot the !
; F4 FinanCial instrument market to whidl the holder of a 1inanctal instrument is exposed. or the wav
'_ -·--···- ------------l!l.~l~.~t!)~-~~.F.I_(?.~~~~..I~~!!:_I£~fed ·- __ --- ..
Liquidity and credit
_F_S
_ _ __ _ _ _ _ _ __ _ _T _h
- is - k-;-ei;~s to the failure t~ efficrenlly and effecbvely ad;~~ter-a~d---1
- riS
Cash management manage cash !loiNS to maintain adequate liquidity to meet obligatiOns. 1
-This-r.iSi< ref ers the tire io -usa
of funds in a manru; r tt.ai leads to -the loss of I
Fe Opportunity cost econcmic value. including time value losses tJansaclion costs and v ther ·
causes uf loss of value.
- - --- - - - - ---·rtiis riskrefet$ to the failure to mett the reqlllr€'ments of a portfolio Ot- -·- -,!
caprtaltnv;:stments ahd obligations based on specrfied commrtments or rn
accordance vr1th terms of an agreement (r.e .. retiremen1 and capital 1
i
Funding aocoools) 1
I
It al~o refers to the faHurr; to t€Ceive appropriate funds to finance progTams
·---------·----~~dJ~9L~q_~'- - ~·-·-..--- ·--- --~--- --·.. ..------i
, FS Thrs ns~ refers to the ta!lllre to purcha~e or •Jndertal<e sale ttansacti<ms that 'I
Hedgrng effectively nunim1ze. profits or losses arising trom price nucruations.
·-·-·- _, _ - - - - ·- - - --·-----·-- ·- -........ ...-. ...- ................-·-·---·- " --..·-----..- · - - -..- - .- - .... - - -- · - - -l
This riSk refers to the inab~ity to obtain the optimal level of payment
F9 Credit and collections
received as a result of a prior agency transaction.
-----~

I F10 Insurance coverage fatls to protect the agency from SJgnrticant financral
Insurance
losses due to rncidents and claims.
-------·------- - - - - - - --·----- - - - - - -- -- - - - - - -- -·- -----!
Accounting and repoftillQ i
lncomplet~. inaccurate and/or untimely reporting of required linaroe:ral and -· ~
I operating information to other regulatory ageocres may expose thf: ag.:nc;y !
F11
Accounting. reporting to fines. penalties and sanctions i
and diSClosure !
Over-emphasiS on tinan (~al accounting and othe~ tnformatlon u:. mana~ the: !
_ - - - ---- ---·-~r<\lion~~<!X~-~~!!i~- \!l_e_f!!.:lni£ul~tlon o!_<!U~!Oe& to achieve tar~~_at_.,;

Last updated . March 2011 101Page

VersXlfl . 02-03/2011/v'l
 Phase 2- Agency Audl Planning and Risk Assessment
Form 02~3: Agency Risk Model

i
... - ...- - - - - -·-·--fTiisrir.'referstOthe Significant CJI material weaknesseS resulting' from___ l.
Internal control Inadequate financial Internal controls irnpac1iny managernenfs assessru('f11 ,
i---- - - - -- ____ __ ilnd reP?!.~~a!!!l9!!.rs.9':lntry regulations _ - - -- - --·---- ·- J'
This risk refers to the lack of relevant and/or reliable information supporting
1 ~ 13 Investment evaluation inve~mnent decisions and linking the financial rrsl>s accepted to the capital
1 .. __ --·- -·-- _____ __ - ·- at nsk. _IT].ay resu!!_!~9._0r short- tH lo.!l9::_t~mves1mel}!:>.:..._ ·-·------ ~
Tax strategy and This risk refers to the failure to properly evaluate and execute tax planning
: r 14 pi strategies. It also refers to the misalignment of tax oqectives and strategies
II ~~~mg_ - ·· ·- - · .. ___ .. -~~~ ~v_e!_~·JII a~n~y o}?J.~es. stra~~~s and ln..~!'~iv_~~- _ . _ . .... .
Capifal slrocture

; F15
··-·- ·-~:- ------ ·-- --!:~~i~~k;;::~~~~ ~~~-t~~~~~~t~~r-:~~~ ~~~d:v':~~~:\~'~!~;s· ro·l
\ cur rent operating ol:j1gations resulting in an unfavorable debt to equity !
0
~ -
~~ I
- - · ..Equ;~-- ..... ........ ... ----· ..... Thi~-r~k-r~f~r~t~th; -,.;~~iv to~ff~r .,";k;tat:i~-s~-~~~~~~~-;pP;;;P-;;~t~·i; -. !
- ····

: F16
priced fm the enterprise's value. t
' - - -- - - - - - -- - -- - - -- ··
This risk •efP.Is to the inabi~ to identify establish and maii1tain the optima!
· F17 Pension funds
structllr.:! f(ll pension funds.
I

Last updated : March 20.11 111Page

Version · 02-0312011/v 1
 Annex D-1

INTERNAL CONTROL QUESTIONNAIRE

Collecting Officer

Place ::1 check under Column V if the answer has been veri lied by inspection or records. by
observation. or by other mean s.

Qucstion_s _ _ _ No V# Remarks
-1--
I. Is the accountable officer
appointed or designated as such?

2. Docs he have a signature and

handwriting specimen card?

3. Is he bonded'?

4. Is the bond adequate?

5. Docs he have lile copres of

existing rules and regulations
affecting his work'?

6 Docs he refrain l'i·om acting as

cashier or treasurer of savings
and loan association. etc. at the
same time'?

7. Are the onicial receipts promptly

issued lo r collections received'?

8. Are the oflicial receipts issued in

numerical sequence?

(). Arc unused orticial receipts and

other accountable forms properly
controlled as to ordering. storing
and issuing. and are adequate
records kept ofthcm?

I0 Is it the practice ol' the collecting

officer not to accept post-dated
checks in payment or charges or
Ices?
ILU

1 of 9
 ---------------- -----.------~- -----~---
___ _ Q~uestions Yes No V#
Remarks~
11.1 Arc cash receipts dep--o-si-tc-d--in_t_a-ct-t--=-=:.:.__+ __.:...:...:.:...__-+___:_::__---j
regularly?

12. Does he refrain from using the

collection~ for paying obligations
or whatsoever?
13. noes he keep a cashbook?

14. Are transactions recorded daily'?

15_ Arc items of' deposit subsequently

dishonored by the bank promptly
adju~tc<.l in the collecting oflicer' s
records?

16. s the cashbook balance

reconciled with his cash at close
of each day?

117. Arc cashbook balances reconciled

with the subsidiary ledger at least
mcc a month'?

18. Are reconciling items promptly

ckareJ'?

19. Are reports of collection

submitted at the end or the
month?

20. Are monthly reports of

accountability for accountable
forms prepared and submitted?

21 . Arc surpnsc cash examinations

conducted frequently by internal
and external auditors?

22. Docs he avoid access to or

responsibility over the accounting
records related to cash (such as
subsidiary ledger of Accounts
~
Receivables)?
~~--------- -----~----- .-L------~--------L-------------~

ICQ
2 of9
-
Questions Yes No V# Remarks

23. Arc duplicate combinations of the

accountable officers' safe on tile?

24. Is the otlice properly enclosed?

25. Are accounting records up to

date?

26. Are subsidiary records,

maintained for each accountable
omcer? -~ -

ICQ
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 Annex D-2
INTEI~NAL CONTROL QUESTION NAIRE

Disbursing Officer

Place a check under Column V ir the answer has been verified by inspection of records, by
observation, or by other means.
--
Q uestions Yes No V#
-- Remarks

~--=
·- -
disbursi ng officer
designated as such by:

a) the head of the agency; and

b) the B oard

2. Ooes he have signature and

hand writ ing specimen card?

3. Is he bon ded?

4. Is the bo nd adequate?

5. Does he have file coptes of

ex isting rules and regu lations
atfecti ng his work?

6. Does he refrain from acting at the

same tim e as cashier or treasurer
or a savings and loan
associati ons. etc.?

7. /\ rc vou chers approved by one or

more mdividuals other than the
di sbursing officer?

8. /\re pay mcnts made on ly after

approva I of vouchers by proper
officials ?

9. Are ch its or vales for amounts

loaned to co-emp loyees not
treated as cash?

-
ICQ
4 of9
 =:____.::!Q;.:u:..:c=s~t-i=o:..::n-=s-~~~~~~~~~_:_--y-c-s_-_--:_-=_-=_-=_N-_o-_-_-_,--,.-- __
~~--- V
_ #_ Remark.~

I 0. Are cash advances adequate?

I I. Are additional cash advances

given to the accountable officer
only after his previous cash
advances have been liquidated?

12. Is the practice of counter-signing

of checks in advance avoided?

13. Is prior approval for the transfer

nr parts of accountable officer's
cash advance Lo another
accountable officer required?

14. Are checks. treasury warrants,

. and/or money orders exchanged
out of hi s cash advance?

15. Arc dis bursements made by

checks as much as possible and
only minor ones are paid in cash?

16. Arc private funds kept inside the

government safe?

17. Arc vouchers and supporting

papers stamped ··Paid" upon
payment?

18. Does the disbursing officer keep

a cashbook?

19. Arc the transactions recorded

daily?

20. Is the cashbook balance

reconciled wilh his cash at the
close oreach day and closed and
ruled every quinccna?

21. Are cash book balances

reconciled with the subsidiary
ledgers at least once a month?

ICQ
5 of 9
-- Questions Yes No V# Remarks

22. Arc reconciling items promptly

cleared? Are adequate records
maintained?

23. Arc reports of disbursements

submitted every 15 111 and end or
the month'?

24. Are surprise cash examinations

conducted frequently by internal
and cxtemal auditors?

25. Does the disbursing officer avoid

access or responsibility over the
accounting records related to
cash?

26. Do oflicers authorized to sign

checks have no authority over the
accounting records or the custody
or cash?
27. Are reconciliations of treasury
and bank transactions done by
persons other than those
responsible for the Issuance of
checks or for the signing thereof'?

28. Does the disbursing officer have

a safe?

29. Are duplicate combinations of the

accountable officers' sate on file?

30. Is the office properly enclosed?

31. Are accounting records up to

date?

32. Are subsidiary records

maintained for each accountable
oniccrs'?

- - - - - - - - -
ICQ
6 of9
 Questions Yes No V# Remarks

33. Is there confirmation of

outstanding balances at least onee
a year?

34. Are advances remain ing

unliquidated fbr a long per iod
brought to the attention o r a
responsible official?

35. When an employee is scparated

or transterred from the agency • IS
he required to settle his acco unt
t...__ lirst?
_.____ _ _ _ _ _ _ - - -

ICQ
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 Annex D-3

INTERNAL CONTROL QUESTIONNAIRE

Procurement
-
- Questions Yes No V# Remarks

I Is the accountable officer appointed or

des ignated ~ocuremcn_t an~ supply officer? --- -
1- - - - -

2 Docs he have file copies of existing rules and

regulations affecting his work?
-- -- ---
_,"' Is there an approved procurement plan (A PP)?

4 Is the APP authorized by proper authorities?

5 Is the procurement plan based on an approved

. ·--
budget?

6 Is the procurement plan used as basis in the

procurement activities?

7 Arc request for acquisition of goods and

services in conformity with the procurement
p~n? ----

8 Are requisitions duly approved by authorized

officials?

9 Arc the receiving and releasing of supplies

recorded lor monitoring purposes?

10 Is there an established Bids and Awards

Committee (13AC)? --- -

II Is the procurement of supplies made thru

public bidding?

12 Is there inspection conducted before

acceptance of goods delivered?

13 Is there an inspection report prepared for

goods delivered?

ICQ
8of9
 Annex D-4

INTERNAL CONTROL Q UESTIONNAIRE

Budget Process

Place a check under Column V ir the answer has been verilied by inspection of
records. by observation, or by other means.
-- - -
Questions Yes No V#
-Remarks

I Is there a designated budget o fficer?

- - ·- - - - - - -
2 Is the designation a uthorized by the
board?
....
.l Docs the designated budget officer
have a stateme nt o r duties and
rt!sponsibilities as budget officer?
- -- 1- - - ·· -
4 Is there an a pproved budget of the
agency?
.
5 Is th e budget authorized by the
proper o nic ia ls?

6 Is the budget supported with

schedules?
- -
7 Is the budget used as basis in the
implementation of
projects/activities?
----
8 Is there a record maintai ned to
mon itor the budget and its
utilization?
-
9 Is there a report pre pared and
subm itted'?
I -

ICQ
9 of 9
 Annex E
Republ ic of th e Philippines
COMMISSION ON AUDIT
Commonwealth Avenue, QueLOn Ci ty, Philippines

CONFIDENTIAL

26 April 201 1

Dear Mr./Ms. _ __

Management Letter on the initial audit of the

League of ____________
for the calendar year 2011

We have conducted the initial audit of the League of _________ _ for the
calendar year 2011 from to 2012.

The audit covered the initi al assessment, internal control evaluation and
review of the financial s tatements ofthc League with the aim of understa nding it and
determining whether (a) the re exists internal co ntrol systems, specifically for
coll ections, dis burse ments, payroll, procurement and capital outlay /p ro ject
impl e me ntation; (b) these internal control syst ems a re adequate to safeglJard
resou rces and e nsure the attainm e nt of th e League's purpose at the least cost; (c)
these policies and procedures are complied with; and (d) the fin a nci al statements are
fairly presented.

The following is the summary of the audit findings a nd recommend ati ons in
the initial audi t of the League of . Details of which are hereto
attached .

1. x x x x x (Finding No. _/Reco mmendation)

2. x x x x x (Finding No. _/Recomm endation)

3. x x x x x (Finding No. _/Recommendation)

4. x x x x x (Finding No. _/ Recommendation)

The a udit findings and recommendations were di scu ssed with the offici a ls
concerned whose comments were incorporated in this letter, where appropriate.
We s hall appreciate receiving your co mments on this management letter with in two
weeks fro m receipt hereof.
 We wish to express our appreciation to the officials a nd staff of the League for
the cooperation and assistance extended to the COA auditors during the audit.

Yours sincerely,

Supervising Auditor

Mr./Ms _ _ _ __ __ _
League of _____________
(Address)
 Detailed Audit Findings and Recommendations

Introductory paragraphjs

Give a brief description of the League's chapter level, organization structure and
major purposefs.

Succeeding paragraphs

Present each finding and recommendation in the following manner:

• A one line gist of the finding to be printed in bold font

• Detailed discussion of the finding which should present the criteria,

condition (to be supported with facts and figures, as needed), cause and
effect elements

• Recommendation which should address the cause of the condition

observed to be printed in bold font