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.

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The Commission on Audit, thru the Human Resource Management Office, has brought again potential career opportunities to new Certified Public Accountants (CPA) during their Oath Taking Ceremony at the Philippine International Convention Center (PICC) on Tuesday, July 10, 2018.

Nearly 2,800 new CPAs arrived at the Forum, PICC, for the historic event. Immediately after the ceremony, participants took time to visit booths installed by prospect employers. Among those present are Department of Budget and Management, Bangko Sentral ng Pilipinas, Bureau of Internal Revenue, and Anti-Money Laundering Council. Some private companies also participated, among them is the giant shipping firm Stolt-Nielsen Limited. 

 Concurrent celebration with this year’s oath-taking rites is the 95th anniversary of the Accountancy Profession and Board of Accountancy in providing invaluable service to the Philippines and the global accountancy community.

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COA Chairperson Michael G. Aguinaldo receives a certificate of appreciation from the Asian Confederation of Institutes of Internal Auditors (ACIIA) after the plenary session held at the Philippine International Convention Center, Pasay City on 21-22 June 2018. ACIIA was represented by (from left) ACIIA Public Sector Forum for Internal Auditors Chairperson Helen T. de Guzman, Association of Government Internal Auditors President Josie Jane C. Ablir and Institute of Internal Auditors - Philippines Chairman and President Joseph Ian M. Canlas

Commission on Audit (COA) Chairperson Michael G. Aguinaldo stressed the importance of collaboration between supreme audit institutions such as the COA and internal auditors in the public sector at the 1st Asian Confederation of Institutes of Internal Auditors’ (ACIIA) Forum for Internal Auditors in the Public Sector held at the Philippine International Convention Center on 21 June 2018.

The regional forum, with the theme “Meeting Today’s Challenge: The Value of Internal Audit in the Public Sector,” aims to help public sector internal auditors in the Asian region meet the current challenges of internal audit service and to benchmark with peers to achieve greater efficiencies and value added service delivery. The ACIIA Forum was organized by the Institute of Internal Auditors - Philippines (IIA-P) in partnership with the Association of Government Internal Auditors (AGIA), Inc.

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The Chairperson of the International Public Sector Accounting Standards Board (IPSASB) promoted the whole system approach to public financial management (PFM) as well as encouraged the Philippine Commission on Audit (COA) to share its good practices in developing accounting and reporting systems aligned with international standards.

International Public Sector Accounting Standards Board Chairperson Ian Carruthers (far right) accepts a token from Commission on Audit (COA) Commissioner Roland C. Pondoc while COA Assistant Commissioner for the Government Accountancy Sector Lourdes M. Castillo and Board of Accountancy Chairperson Joel L. Tan-Torres look on during the forum on public sector accounting and financial reporting held on 31 May 2018 at the COA Professional Development Center Auditorium.

IPSASB Chairperson Ian Carruthers discussed developments in public financial management and updates on the International Public Sector Accounting Standards (IPSAS) at a recent forum jointly held by the COA and the Professional Regulatory Board of Accountancy (BOA). IPSASB Deputy Director Ross Smith also gave updates on IPSAS while BOA Chairperson Joel L. Tan-Torres shared developments in the Philippine public accounting sector.

Around 150 COA officials and employees, representatives from the BOA, and some members of the board of directors of the Government Association of Certified Public Accountants, Philippine Association for Government Budget Administration, Inc., and Philippine Association of Local Government Accountants participated in the event.

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COA Chairperson Michael G. Aguinaldo and Commissioners Jose A. Fabia and Roland C. Pondoc bestow awards to former COA Commissioner Isabel D. Agito (3rd from left) and Assistant Commissioner Lourdes M. Castillo at the COA Salutes the Best program on 7 May 2018. Former Commissioner Agito was given a special citation for her distinguished and dedicated service as Commissioner from 2016-2018 while Assistant Commissioner Castillo was awarded the Gawad Bilang Katangi-tanging Pinuno for her pioneering work and exemplary leadership in mainstreaming gender and development in the programs of COA.

The celebration of the Commission on Audit's (COA) 119th founding anniversary focused on delivering meaningful public service and helping improve the lives of the Filipino people.

COA’s week-long celebration was highlighted by the COA Salutes the Best program honoring exemplary COA officials and employees for their unwavering display of courage, integrity, and loyalty in the performance of their duties as public servants. The recognition program was held at the COA Sports and Cultural Complex on 07 May 2018.

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