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Manila Bulletin devider Philippines devider Metro Manila devider QC gets unqualified opinion from COA for 3rd straight year

QC gets unqualified opinion from COA for 3rd straight year

Published Jun 12, 2023 09:10 am
For the third straight year, the Quezon City government received an "unqualified opinion", the highest audit rating, from the Commission on Audit (COA) on its 2022 annual audit report, Mayor Joy Belmonte announced on Monday, June 12.  She made the announcement during the city’s celebration of the 125th Philippine Independence Day at the Quezon City Hall compound. “Sa ikatlong sunod na taon, mapalad ang ating siyudad na mabiyayaan ng ganitong parangal. Ito’y patunay lang ng ating tuluy-tuloy na tapat na pamamahala, at pagiging masinop sa paggamit ng pondo ng taumbayan ("For the third year in a row, our city is blessed to be given this award. This is just proof of our continuous honest management, and being prudent in the use of the people's funds),” Belmonte said.  “Hindi natin maaabot ang pagkilalang ito kung hindi dahil sa masisipag at tapat na mga tauhan ng ating siyudad. Para sa inyo ang parangal na ito (We would not be able to achieve this recognition if it were not for the hardworking and honest staff of our city. This award is for you),” she added. The local government said that the “unqualified opinion” is the highest audit opinion that COA can give to a government agency, including a local government unit. COA gives an "unmodified opinion" to a public institution when its auditor concludes that all the financial statements are prepared in accordance to an applicable financial framework. Belmonte was informed of the award during a courtesy visit by COA-QC Supervising Auditor Joseph Perez. Perez said the city government’s financial statements have met the “applicable financial reporting framework” following extensive scrutiny by COA. Belmonte personally received the COA annual report from Perez, along with City Administrator Michael Alimurung, Secretary to the Mayor Ricardo Belmonte Jr., and Office of the City Mayor (OCM) Chief of Staff Rowena Macatao. During the Independence Day celebration, the mayor also lauded the city government employees who worked hard to provide better service and improve lives of the citizens. Belmonte, along with QC Vice-Mayor Gian Sotto, also laid wreath at the monument of Jose Rizal in the City Hall compound. 

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