Officials of the Commission on Audit (COA) welcome civil society delegates of the Integrity Watch Afghanistan during a learning visit in the country from 25 to 27 June 2018. They discussed the design and implementation of the COA’s Citizen Participatory Audit program.
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.
(From left to right) Commission on Audit (COA) Commissioner Roland C. Pondoc, COA Chairperson Michael G. Aguinaldo, 7th district of Cavite Congressman Abraham N. Tolentino, COA Regional Office IV-A Director Mario G. Lipana, and Department of Public Works and Highways (DPWH) Region IV-A Director Samson L. Hebra during the Groundbreaking Ceremony of the COA International Training Center in Tagaytay City on 21 June 2018.
COA participants at the Technical Evaluation of Infrastructure Project workshop after their successful training held at the Professional and Institutional Development Sector on 20 June 2018.
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.
(From left to right) Royal Audit Authority (RAA) of Bhutan Assistant Auditor General Dorji Wangchuk, Ms. Sharon C. Contarciego, Ms. Ma. Theresa S. Alfanza, RAA Bhutan Senior Dzongkha Coordinator Namgay Lhendup, RAA Bhutan Senior Audit Officer Tashi Lhamo, COA Assistant Commissioner Luz L. Tolentino, RAA Bhutan Deputy Auditor General Prem Mani Pradhan, RAA Bhutan Program Officer Kangchen Karma, Ms. Arlexandria Louise F. Cariño of the Office of the COA Commissioner, RAA Bhutan Assistant Auditor General Kencho Dorji, and RAA Bhutan Program Officer Sangay Tenzin during RAA officials’ study visit on 30 May 2018.
Commission on Audit (COA) officials welcome students from the University of the Philippines National College of Public Administration and Governance during their study visit on 22 May 2018
Ms. Jacquelyn Williams-Bridgers, Chief of Party, Integrity for Investments Initiative, Philippines, United States Agency for International Development (USAID), receives a certificate of appreciation from the Commission on Audit presented by COA Chairperson Michael G. Aguinaldo, COA Commissioner Jose A. Fabia, and Commissioner Roland C. Pondoc during the close-out ceremony for USAID’s Integrity for Investments Initiative (i3)
COA Chairperson Michael G. Aguinaldo signs the Internal Auditing Standards for the Philippine Public Sector (IASPPS) with Philippine Application Guidelines (PAG) and Internal Control Standards for the Philippine Public Sector (ICSPPS) during the launch of the Standards at the Commission on Audit on 12 April 2018. Witnesses to the signing are COA Commissioners Jose A. Fabia and Roland C. Pondoc and officials of the Association of Government Internal Auditors and Institute of Internal Auditors – Philippines.
Commission on Audit (COA) Chairperson Michael G. Aguinaldo and United Nations Development Programme (UNDP) Country Director Titon Mitra with COA officials and audit team members, and representatives from the UNDP, National Economic and Development Authority and implementing partners at the General Audit Debriefing on the FY 2015 Harmonized Approach To Cash Transfer (HACT) Transitional Audit Exercise on April 8, 2016.
The Commission on Audit (COA) successfully culminated the FY 2015 Harmonized Approach To Cash Transfer (HACT) Transitional Audit Exercise for the United Nations Development Programme (UNDP)-supported projects and programmes.
COA presented the highlights of the audit and audit opinion rendered on the financial reports at an audit debriefing held at the National Economic and Development Authority (NEDA) Boardroom in Pasig City on April 8, 2016.
The UNDP has sought the assistance of COA to provide annual audit services to UNDP supported projects and programmes. For the 2015 HACT Transitional Audit Exercise, audit teams focused on the areas of cash management, finance, asset management, procurement, general administration, human resource, assessment of the project’s internal control, and a general review of the project’s progress and timeliness in relation to progressed milestones and planned completion date.
Chairperson Michael G. Aguinaldo emphasized the valued partnership between UNDP and the COA while UNDP Country Director Titon Mitra welcomed the efforts of the audit teams in helping the UNDP ascertain the proper use of its resources.
As in the previous audits, COA is bound by the provisions of the Terms of Reference and guided by the UNDP Accounting Policies. In comparison with former UNDP audit exercises however, this present audit focused on the validation of almost 100% of the UNDP assets, exempting only those that are impractical to validate. COA Assistant Commissioner Susan P. Garcia is the Project Manager.
COA, UNDP, and NEDA officials with implementing partners consisting of various government agencies and intergovernmental/non-government organizations and COA audit teams attended the event. # – with report from Jennifer Andrea S. Imperial
Land Bank of the Philippines Assistant Vice President Reynaldo C. Copa explains the features of the new Check Image Clearing System at a presentation before COA officials and auditors on April 7, 2016.
Officials of the Commission on Audit (COA) and representatives from the Land Bank of the Philippines (LBP) discussed the various features and issues relating to the new Check Image Clearing System (CICS) to provide faster movement of funds and reduce or eliminate fraud at a presentation held at the COA CP Boardroom on April 7, 2016.
In the new CICS, a deposited check will be scanned and its electronic payment information and image will be transmitted throughout the entire clearing cycle. The original physical check will be removed from the clearing process. The new system is part of the Philippine Clearing House Corp. (PCHC)’s automated clearing system that integrates the CICS with the Electronic Fund Transfer Network.
LBP Assistant Vice President Reynaldo C. Copa, in his presentation, said the system will address geographical limitation by eliminating movement of physical paper, streamline the process and create a faster & more secured payment exchange environment.
“This new system will reduce the number of days for a check to be cleared. For instance, if a check deposited within cut-off time or 3 pm today, funds will be made available for withdrawal by 3 pm the next day. There will also be controls put in place to protect the integrity of the scanned checks,” Mr. Copa said.
The six minimum mandatory check security features are: security fibers (visible & invisible), embedded watermark of the PCHC logo, microprint of bank initials along the signatory line, microprint of the security printer’s name along the date line, “Copy” pantograph, and erasable ultraviolet (UV) ink/UV security features. To protect the payee, a drawer’s conformity statement will be included. The new checks will be launched by July 2016.
COA officials, for their part, expressed concern regarding the legality of the scanned checks as evidence, other requirements of investigating bodies and additional security features of the new check clearing system. COA officials said the rules of evidence should catch up with this new development in the banking system.
The LBP representatives also asked COA to revisit COA Circular No. 2012-005 on Prescribing the use of Punong Barangay Certification (PBC) and COA Auditor’s Advice (CAA) which provides, among others, the preparation of the CAA to a Government Servicing Bank holding further payment of checks issued by a barangay that has not submitted a copy of the PBC and other required documents. LBP and COA officials discussed various ways by which barangays can avoid being penalized a hefty amount for stop payments but must still be able to comply with the required documents.
Other LBP officials who attended the presentation were Vice President Ma. Eloisa C. Dayrit (Head, Banking Services Group), Vice President Ana S. Concha (Head, System Implementation Dept.), Mr. Raymond Santos of the System Implementation Dept. and COA-LBP branch manager Lourdes E. Flor. #
COA Chairperson addresses COAns during the Belen lighting ceremony on December 11, 2015.
The Commission on Audit (COA) family looks on the accomplishments of the year with gratitude as it celebrates the 2015 Christmas Season with the theme “COA Family in Thanksgiving.”
COA opened the celebration with the lighting of the Christmas tree and Belen ceremony led by COA Chairperson Michael G. Aguinaldo on December 11, 2015. This year’s giant Christmas tree was made from old tires and recycled materials.
A video presentation featuring the Christmas messages of Chairperson Aguinaldo and Commissioners Heidi L. Mendoza and Jose A. Fabia was played over the big screen.
“Christmas is celebrated as coming together of people,” said Chairperson Aguinaldo. The Chairperson observed that Christmas is more than just a religious celebration and is also a coming together of different cultures, noting that many of the traditions celebrated during Christmas came from various cultures which are not limited to a particular religion.
Commissioner Mendoza, for her part, said Christmas “is a pledge that light will overcome darkness.” Commissioner Mendoza encouraged everyone to do their jobs well so that they can be happy after their service in COA knowing that they did their best.
Meanwhile, Commissioner Fabia said that in the spirit of Christmas, COAns should look back at what they have accomplished and must always remember that “we are not only guardians of the public purse but also catalysts for excellent public service.”
The COA Christmas celebration includes a bingo game sponsored by the Philippine Government Audit Service Employees Association, a program for the kids of the COA Day Care Center, a lunch get-together and gift-giving with employees with Salary Grade 1-6 and job-order personnel, and a raffle draw sponsored by the Association of National Government Sector Auditors, Inc. # – Dennis Cariño