ACTIVITIES/PRACTICES THAT HAVE TO BE CONTINUED

CY 2018 PERFORMANCE ASSESSMENT

CY 2019 PLANNING CONFERENCE AND WORKSHOP
AUDIT GROUP C

ACTIVITIES/PRACTICES THAT HAVE TO BE IMPROVED ON BRANCH / OFFICE

To save time, seek clarification on AOMs that are not clear before the start of actual consolidation NCR – Member Services Operations
NCR – Home Lending Operations
If AOM has an impact on the FS, submit proposed adjusting entry/entries NCR – Member Services Operations
NCR – Home Lending Operations
Decide also how tables should be presented and copies should be disseminated to all branches for uniformity and ease of consolidation. NCR – Member Services Operations
NCR – Home Lending Operations
Seminars to keep the Team abreast with the changes and updates in audit. NHMFC/SHFC
Issuance of SAI at the earliest possible time to give us enough time to audit all mandatory audit areas. Region III
Region IX
Daily update on the daily accomplishments of the team Region II
Preparation of the Working Papers on audit focus starting the 2nd quarter of the year Region IV-A
Sample AOMs should be forwarded to the different teams earlier in order for the teams to have ample time to perform the audit procedures Region IX
necessary in gathering information for the AOM.
Access to agency’s various systems of operation and its updates Region X
The agency-COA compliance conference initiative may be continued to expedite the resolution of AOMs Region XI
Head Office to provide standard/uniform APs/AWPs to facilitate consolidation and cascade IRRBA templates and SAI timely.
There should be a Point of Contact person to directly follow up in SHFC Head Office both in the Management and Accounting Division as well as SHFC Davao
the SHFC HO Audit Team to whom requests for assistance may be had to expedite the request.