1. Prepare confirmation letter and confirm reported balances from concerned AGDBs.

2. Compare and confirm balances with the SL. Note the absence of SL/schedule to support the reported
cash balances. Prepare an analysis of the account/s for the period covered.
3. Identify accounts that pertain to unutilized balance of trust funds/projects, those that remained
idle/dormant for years and those accounts being used for purposes other than those specifically
provided for in their respective MOA. Investigate and note all balances that should be remitted to the
Bureau of the Treasury.
4. Verify the BRS and note the following:
a. unadjusted reconciling items.
b. unusual items/balances that should be reclassified/adjusted.
c. undocumented reconciling items
5. Summarize all observations noted and issue AOM/ NS/ND, as appropriate.