What are the inventory reports to be prepared by the auditee and when is the deadline for the submission of such reports to the COA?

Report on Physical Count of Inventory (RPCI) shall be prepared for the physical count of inventory items, and submitted to the Auditor concerned not later than July 31 and January 31 of each year for the first and second semesters, respectively; and Report on the Physical Count of Property, Plant, and Equipment (RPCPPE) for property, plant and equipment, and submitted to the Auditor concerned not later than January 31 of each year.