About this document
Borongan Water District Audit Summary by Orland Jerico Cordero is a document available to read on EtoBox.
1) The Borongan Water District provides water services and is governed by a board of directors. It experienced increases in assets, equity, and net income from 2019-2021 based on its financial statements. 2) The auditor issued a qualified opinion on the financial statements for 2020 and 2021 due to exceptions related to overstated property accounts and discrepancies in loan and interest payable balances. 3) Key recommendations included reclassifying certain property accounts, writing off aged receivable
- Author
- Orland Jerico Cordero
- Language
- EN