Roland Cafe Pondoc
Commission on Audit: The conduct of fraud audit
November 06, 2023 4:55 am
Upon the submission of an Evaluation Report to the Fraud Audit Services (FAS) in the COA Regional Offices, if the total amount involved is P50 million and below, or cannot be quantified for government agencies in the regions; or to the Fraud Audit Office (FAO) Director, if the total amount involved is above P50 million for government agencies in the regions and, regardless of the amount involved, for agencies in the NCR, then the FAO and FAS shall prepare a Fraud Case Evaluation Report (FCER) embodying an independent evaluation of the allegations with the end view of establishing the existence or absence of predication of fraud and the consequent recommendation either to terminate/close the case or conduct of fraud audit thereon.
Commission on Audit: The conduct of fraud audit
October 23, 2023 1:36 pm
The COA takes a proactive stance in preventing, detecting, or responding to allegations of fraud in all government transactions, and encourages the public to report such transactions to the Commission. This is in line with the COA’s mandate to prevent, detect and report fraud and corruption in government transaction, and for the promotion of transparency, accountability and good governance.
COAs Competency-Driven Learning and Development for Auditors
September 04, 2023 2:48 am
Audit also involves training of people. Under the umbrella of COA-HR, the mutually reinforcing mechanisms for Recruitment and Placement, Performance Management, Rewards and Recognition and Learning and Development, define and drive the achievement of the desired outcomes for both human resource and the organization.
Environmental audit, a must more than ever
June 06, 2023 6:33 am
Most of us are familiar with the term audit. When this comes to mind, we associate it with proper management of money by institutions. Unbeknownst to some, auditing is not limited to money matters. There is such a thing as environmental audit. And with the worsening challenges affecting the environment, now more than ever, environmental audit must be given focus.
COA: Its performance audit mandate
April 25, 2023 3:02 am
The Commission on Audit (COA) is now robustly enhancing its capability to deliver its performance audit mandate to help government agencies better perform their mandates. In the 1980s, the COA performed a cyclical comprehensive review of government agencies which include financial, compliance, and performance audits.
In 2015, during the development of COA’s 2016-2022 Strategic Plan, external stakeholders urged COA to focus more on performance audits.