Boac, Marinduque, Philippines — MSC IAS hosted a “Workshop on the Reimbursement and Liquidation of Cash Advances” on June 6, 2024 at the MSC Canopy, Admin. Bldg., Tanza, Boac, Marinduque. The workshop was organized by the Internal Audit Services Unit that aimed to improve and utilize the use of financial resources, also to improve the cycle time for the liquidation of cash advances, reduce the accounting adjustments, and for our institution to be perfectly compliant with the Commission on Audit (COA) implementing rules and regulations (IRR).

The workshop began with a prayer led by Ms. Maricel Go-Deputy Head, IAS followed by the acknowledgment of participants of Mr. Geomarc M. Llasos-Internal Auditor. Additionally, Ms. Erma Reyes-Supervising Administrative Officer, Acting CAO,& HRMDO Head represented by Ms. Kriszia Fabrero delivered the welcome address, while Mr. Romell Morales-Head of IAS provided an insightful overview of the activity.

Ms. Maricel P. Go together with Mr. Llasos presided the presentation and workshop proper. MSC’s Chief of Presidential Management Staff and Director of the Financial Services, Mr. Alfredo M. Ofrecio III represented by Ms. Mae Kristine Montaron-College Accountant delivered the closing message for the program.

The Internal Audit Services would like to express sincere appreciation to MSC President Prof. Dr. Diosdado P. Zulueta for the support and hopes that the additional knowledge imparted in the seminar-workshop will be implemented in their respective offices and improvements in Liquidation of Cash Advances and Reimbursement will be standardized as well.

(Geomarc M. Llasos/Internal Audit Services)

Photos by C. Olores/OMIA