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ENHANCING AUDIT THRU POLICY REFORMS By Hon. Juanito G. Espino Jr. COA Commissioner . COMMISSION ON AUDIT. Principal MANDATE – ARTICLE IX-D, 1987- CONSTITUTION
Hon. Juanito G. Espino Jr.
Principal MANDATE – ARTICLE IX-D, 1987- CONSTITUTION
Examine, audit, and settle accounts pertaining to the revenue and receipts of and expenditures or uses of funds and property, owned or held in trust by, or pertaining to, the Government, or any of its subdivisions, agencies, or instrumentalities, including government-owned or controlled corporations with original charters.
Exclusive authority to define the scope of its audit and examination, establish techniques and methods required therefor, and promulgate accounting and auditing rules and regulations, including the prevention and disallowance of irregular, unnecessary, excessive, extravagant, or unconscionable expenditures, or uses of government funds and properties.
Keep the general accounts of the Government and, for such period as may be provided by law, preserve the vouchers and other supporting papers pertaining thereto.
As of 2008, the extent of RBA Implementation in the three (3) audit sectors is as follows:
b. For Implementation:
CYs 2005 - 2008
a. Action taken:
a. Action taken con’t.
a. Actions taken:
a. Actions taken con’t.:
Salient features con’t.
Salient features con’t. -
b. Steps on-going this year:
The keeping of the general accounts is one of the constitutional mandates of COA.
Under COA Office Order No. 2008-109 dated June 25, 2008 – a Technical Working Group (TWG) was created to study the restoration of “keeping the general accounts of the National Government under the Government Accountancy Sector.”
The assessment of the NGAS will include review whether it is compliant with the standards prescribed by the International Public Sector Accounting Standards (IPSAS). At present NGAS is compliant on the following standards prescribed by IPSAS:
The Commission issued COA Circular No. 2008-003 dated December 24, 2008 which suspended the implementation of the revised PGCA
Action Taken -
The Commission has issued COA Circular No. 2009-006 dated September 15, 2009 re: “Prescribing the use of the Rules and Regulations on Settlement of Accounts”
COA has the following accomplishments for the settlement of accounts:
Status of cases in CY 2008: