A double whammy of adverse audit observations received by the Department of Interior and Local Government (DILG) has elicited for the agency strong criticisms coming from a youth partylist organization in the House of Representatives. 2DFB8829-8307-438F-8979-726B0F01E16D_4_5005_c The Kabataan...
Opposition Senator Leila de Lima on Thursday expressed her support to Senate Minority Leader Franklin Drilon’s call for the Commission on Audit (COA) to conduct a special audit of the funds allocated to the National Task Force to End Local Communist Armed Conflict (NTF-ELCAC). De Lima said a...
An adverse audit observation made by the Commission on Audit in Philippine Army’s handling of billions of pesos in government funds drew calls from the House of Representatives to make responsible military officials be held accountable. Soldiers Deputy Minority Leader and Bayan Muna Rep. Carlos...
For the second straight year, the Department of Tourism (DOT) has received the highest audit rating possible from the Commission on Audit (COA), Tourism Secretary Bernadette Romulo-Puyat announced. DOT Secretary Bernadette Romulo-Puyat (Photo from DOT Facebook page) In a statement on Monday, August...
The Court of Tax Appeals (CTA) has nullified the almost P4-million deficiency tax assessment of the Bureau of Internal Revenue (BIR) against a supplier of industrial equipment after the agency failed to follow the correct audit procedure. (Photo from PNA) The court's third division stated that the...
The Commission on Audit records has revealed that former Senator Freddie Webb continues to fail to return to government the P112,928.30 unspent office rental deposit for an office space reportedly “refunded” to him during his incumbency as senator in 1998....
A former senator allegedly pocketed P112,928.30 in rental deposit refund that was entrusted to him in 1998, the Commission on Audit (COA) has revealed. In the 2020 Annual Audit Report (AAR) for the Senate, COA asked Senate’s Deputy Secretary for Administration and Financial Services to explain...
The central bank is proposing to implement an internal audit function for trust corporations owned by group structures, either by a banking or a non-banking group setup. The Bangko Sentral ng Pilipinas (BSP) is currently circulating the draft circular amending regulations on the internal audit...
The Commission on Audit (COA) has called on state-owned Cagayan Economic Zone Authority to immediately collect over P148 million in lease and other financial obligations owed by Cagayan Freeport business locators and gaming licensees, including the on-line and land-based gaming operator First...
The unused scholarship funds amounting to P1.7 billion will be returned to the government coffers, the Science Education Institute (SEI) of the Department of Science and Technology (DOST) has assured. (DOST-SEI) DOST-SEI Director Dr. Josette Biyo assured the public that the funds will be remitted...
Government trading arm Philippine International Trading Corporation (PITC) was tagged anew as the culprit in the inability of government agencies to use of millions of pesos worth of important equipment and supplies urgently needed in the operations of said agencies. COA logo and building The...
Accountants are crucial in the fight against corruption in government, according to President Duterte. President Rodrigo Duterte, chairman of the Partido Demokratiko Pilipino - Lakas ng Bayan (PDP-Laban), delivers a speech during the national assembly of the PDP-Laban in Clark, Pampanga on July 17,...
