3.0 Management Letter 3.1  Unrecovered Staff Loans 3.2  Long Outstanding Debtors The following were some of the matters raised by the auditors  and the management responses thereto:  The auditors noted, as in the previous year, that no recoveries  had been made from 27 officers for staff loans/advances amounting to P270 268, which had been outstanding since 2016.  Eleven of the employees were on the payroll while others had  left the College, either during the year or in the previous year(s).  In response management stated that most of the staff debtors  were due to travel advances and advances for work and  residence permits, rather than advance against salary. They  further stated that most of the staff had indicated that they had  returned the receipts. However, records were not found.  Financial clearance was now performed before employees were  paid terminal benefits and management would engage all  existing staff members with long outstanding balances to put in  place payment plans. Management had also introduced a  measure to curb the risk of issuing new advances to already  owing employees by checking accounts receivables and payroll  for any amounts that the staff owed.  The auditors noted, as in the previous year, a number of government and corporate debtors that remained outstanding  for a significant period of time. They also noted that the amounts  outstanding from self-sponsored students for more than 90 days  had increased significantly in 2018, compared to the prior year,  which was indicative of inadequate monitoring over debtors.  Below is an analysis of debtors that were outstanding for more  than 90 days as at 31 March 2018:  101  Category: 2018 2017 P’Million % P’Million % Government 2.70 11 8.54 34 Corporate 1.27 5 1.66 7 MSc Programmes  8.18  32  2.93  12  Self-sponsored 13.15 52 11.68 47