Rendition of accounts.
Section 54
SEC. 54. Rendition of accounts.—Local treasurers and other local accountable officers shall render their accounts within such time, in such form, style and contents and under such regulations as the Commission on Audit may prescribe. Provincial and city auditors shall certify the balances arising in the accounts settled by them to the Chairman of the Commission on Audit and to the proper local treasurer and accountable officer. Similar certifications shall be prepared for other local officers who may be held jointly and severally liable for any loss or improper or unauthorized use or misappropriation of government funds or property.