Commission on Audit

Chairperson Michael G. Aguinaldo together with other guest speakers during the Public Accounting Summit Against Corruption held at the Diamond Hotel, Manila on 09 December 2019.
Former Assistant Commissioner Lourdes M. Castillo, now a gender and development (GAD) consultant of COA, and Director Fortunata M. Rubico, Chairperson of the COA GAD Focal Point System, join officials of the Philippine Commission on Women and delegates from Thailand’s Department of Women’s Affairs and Family Development and Budget Bureau during a study visit on gender responsive budgeting in the Philippines on 16 October 2019.
International Public Sector Accounting Standards Board (IPSASB) Chair Ian Carruthers (center) with IPSASB representatives Ross Smith and David Watkins join COA officials and auditors after the Forum on International Public Sector Accounting Standards Updates on 10 October 2019.
Chairperson Michael G. Aguinaldo, Commissioner Jose A. Fabia, and Commissioner Roland C. Pondoc with other COA Officials receive the Bronze award for the GADtimpala 2018 conferred by the Philippine Commission on Women on 14 August 2019. The award recognizes COA’s significant contributions to gender equality and women empowerment especially in ensuring the judicious use of gender and development funds.
COA Officials and employees with the participants of the 11th Meeting of the Steering Committee of the International Organization of Supreme Audit Institutions (INTOSAI) Committee on Knowledge Sharing & Knowledge Service (KSC) held at Clark, Pampanga from 12-14 June 2019.
Officials of the Polytechnic University of the Philippines confer on COA Chairperson Michael G. Aguinaldo the degree of Doctor in Public Administration, honoris causa, on 23 April 2019.
Chairperson Michael G. Aguinaldo leads COA officials and employees during the groundbreaking ceremony of the Batangas Provincial Satellite Auditing Office on 23 April 2019.
Chairperson Michael G. Aguinaldo was the Guest of Honor at the 4th Founding Anniversary of the Philippine Coast Guard Logistics Systems Command on 23 April 2019.
Chairperson Michael G. Aguinaldo is conferred the degree of Doctor of Laws, honoris causa, by the Pamantasan ng Lungsod ng Maynila Chairman of the Board of Regents, Dr. Benjamin I. Espiritu, and University President, Dr. Ma. Leonora V. De Jesus, during the university’s 51st Commencement Exercise held at the Philippine International Convention Center on 27 March 2019.

COA honors the 2019 SEDP graduates

Details: Published: 09 September 2019

Class picture of the 2019 SEDP graduates with (seated from right to the left) Assistant Commissioner Alexander B. Juliano, Commissioner Jose A. Fabia, Chairperson Michael G. Aguinaldo, Commissioner Roland C. Pondoc, and Assistant Commissioners Elizabeth S. Zosa, Winnie Rose H. Encallado, and Luz L. Tolentino taken at the COA Professional Development Center Auditorium on 29 August 2019.

The Commission on Audit held its 28th Senior Executive Development Program (SEDP) graduation ceremony for 49 COA senior executives coming from different batches/classes who had successfully defended their policy papers from 2017 to August 2019. Attended by the COA officials and families of the candidates for SEDP graduation, the simple ceremony was held at the COA Professional Development Center Auditorium on 29 August 2019.

Members of the Commission Proper (CP) headed by Chairperson Michael G. Aguinaldo, together with Commissioners Jose A. Fabia and Roland C. Pondoc, graced the event to congratulate and give their inspirational messages to the graduates. The members of the CP said the wealth of ideas that could be harnessed from the pool of policy papers will be very useful for COA as it can be used to craft new policies and kick-start further studies.

Chairperson Aguinaldo thanked and congratulated the graduates. He said, "Part of the graduates' pledge is to be a change agent as you have seen areas that really needs change. Rest assured that your proposed policy papers will be acted on sooner or later."

COA launches international standards–compliant manual on financial audit

Details: Published: 03 September 2019

Participants of the seminar on Financial Audit held at the Professional Development Center, COA, Commonwealth Ave., QC on 11-15 February 2019.

Quezon City – To improve its audit services and to enhance the degree of confidence of intended users in public financial statements, the Commission on Audit (COA) recently developed the Financial Audit Manual (FAM) that is compliant with International Standards in auditing. The FAM was subsequently adopted through COA Resolution No. 2019-004 in March 22, 2019. The manual will be launched in the Commission’s website this month of August and shall be included among the regular training courses of the COA Professional and Institutional Development Sector (PIDS) starting this year.

The Commission developed the FAM in cooperation with the Asian Development Bank (ADB) under the Regional Capacity Development Technical Assistance entitled: Enhancing the Roles of Supreme Audit Institutions in Selected Association of South East Asian Nations. The project was funded by the Japan Fund for Poverty Reduction.

The Commission worked with consultants from the ADB to develop the FAM which contains tailor-made templates for e-auditing. The partnership ensured that the FAM would be customized and adapted to guide COA auditors and audit teams in the conduct of financial audit of all agencies of the government.

Compliant with the International Standards of Supreme Audit Institutions (ISSAIs), the FAM ensures the Commission meets the expectations of stakeholders through quality audits and strengthen accountability and transparency of government. With the adoption of FAM, COA has put in place policies and procedures for its auditors which interpret and implement the standards in the context of COA.

COA gets 2018 GADtimpala Bronze award

Details: Published: 20 August 2019

"The fruits of your labor will bear the fruits of your success." - John Jones

The Commission on Audit (COA) is now reaping the benefits of its hard work and commitment to Gender and Development (GAD) as COA has been officially declared as a Bronze awardee for the GADtimpala 2018 conferred by the Philippine Commission on Women (PCW) in recognition of its significant contributions to gender equality and women empowerment especially by ensuring the judicious use GAD funds in the bureaucracy through the implementation of the GAD budget policy.

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