Working on its commitment to enhance the audit of the CY 2018 accounts of the Local Government Sector, the Commission on Audit (COA) Regional Office No. V conducted a briefing on Revenue Audit from 6 to 7 August 2018. Around 83 audit team leaders and members from the six provinces of the region participated in the seminar held at the RDC Hall of the National Economic and Development Authority Region 5.
Regional Director Roland A. Rey and Assistant Director Lydia S. Adoremos with Supervising Auditor Rosa A. dela Cruz at the briefing on revenue audit for Region V audit team leaders and members.
COA Regional Office No. V Director Roland A. Rey spearheaded the briefing with 2017 COA Gawad Kahusayan Awardee Supervising Auditor Rosa A. dela Cruz as resource person.
As the author of the handbook, “The Quezon City Experience,” and her varied audit exposure in different Local Government Units (LGUs) in Metro Manila, Auditor de la Cruz shared her rich experience and audit techniques and strategies especially on revenue audit with the Bicol Auditors.
Auditor de la Cruz emphasized auditors’ role as “enablers” and how auditors can raise awareness of local chief executives on the importance of adopting policies and schemes to increase revenues through their audit recommendations.
The fruitful two-day briefing on revenue audit encouraged Bicol Auditors not only to focus on the regular financial and compliance audit of expenditures but also to see the beauty of the results of revenue audit in enhancing LGU operations.