Annex B

Bureau of Jail Management and Penology

Matrix of Analysis on the Effects of the Misstatements on the Financial Statements
CY 2021
Accounts Affected (Over)/Under
ASSETS LIABILITY
Paragraph
Accounting Errors and Omissions Amount
No. Cash and Cash Property, Plant Guaranty EQUITY
Receivables Inventories
Equivalents and Equipment Deposits Payable
Cash and Cash Equivalents
Salaries and allowances of employees
(deceased, retired, AWOL, suspended and
1,503,136.88 1,503,136.88 1,503,136.88
separated from service) credited back to the
Payroll account
Unreleased/on hold pension benefits of
pensioners due to non-updating of records or 1,208,869.66 1,208,869.66 1,208,869.66
already deceased
Unrecorded payment of salaries in previous
182,602.05 (182,602.05) (182,602.05)
1.4 years (CY 2012 to 2014)
Various errors way back year 2004 up to
245,811.79 (245,811.79) (245,811.79)
December 2021
Credit Memos adjusted in the books but
146,977.21 (146,977.21) (146,977.21)
subsequently credited to retiree's account
Unrecorded overpayment of personnel
43,430.00 (43,430.00) 43,430.00
benefits
Double recording of disbursement 114,000.00 114,000.00 114,000.00
Stale Checks 10,000.00 10,000.00 10,000.00
Unrecorded disbursement 489,651.15 (489,651.15) (489,651.15)
Receivables
2.4 Unrecorded interest income 153,791.69 153,791.69 153,791.69
Property, Plant and Equipment
4.7-4.8 Unrecorded receipt of properties 1,181,130.00 1,181,130.00 1,181,130.00
Understatement of Accumulated
4.9 2,073,766.16 (2,073,766.16) (2,073,766.16)
Depreciation
4.11 Major repairs recorded as outright expenses 2,854,051.81 2,854,051.81 2,854,051.81
4.13 Semi-expendable items recorded as PPE 1,442,110.50 1,442,110.50 (1,442,110.50)
(Over)/Understatement 11,649,328.90 1,727,534.34 197,221.69 1,442,110.50 519,305.15 (479,651.15) 4,365,822.83
Materiality Level
100,951,747.98
(0.5% of Total Expenditures of ₱20,190,349,595.89)
Percentage of Total Misstatements to Total
0.06%
Expenditures

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 Annex B
Bureau of Jail Management and Penology
Matrix of Analysis on the Effects of the Misstatements on the Financial Statements
CY 2021

Affected Accounts
Paragraph
Accounting Deficiencies Cash and Cash Total
No. Receivables Inventories PPE
Equivalents
Unverified bank debit memos 79,185.88 79,185.88
1.5
Unverified bank credit memos 525,455.54 525,455.54
Unreconciled variance between
3.3 4,053,593.00 4,053,593.00
GL balance and RPCI
Discrepancy between the
4.15 1,109,129,741.10 1,109,129,741.10
accounting and property records
Non-disposal of unserviceable
4.21 10,006,508.52 10,006,508.52
properties
Total 604,641.42 - 4,053,593.00 1,119,136,249.62 1,123,794,484.04

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