Tag: audit

Pres. Duterte threatens to cut off nat’l gov’t support to PHL Red Cross if it refuses audit of public funds

Presses COA audit,  submission of annual report of PRC on how it utilized gov’t funds   (Eagle News) – President Rodrigo Duterte warned the Philippine Red Cross to submit to a government audit and give an account of how it had utilized government funds given to them, or he would cut all government transactions with it altogether. In his “Talk to the People” aired on Sept. 11, Duterte also directed the Commission on Audit (COA) […]

Pres. Duterte tells nation, he will audit COA, other gov’t departments if he becomes VP

“Who’s auditing COA?” he asks; tells COA to give enough “elbow room” for gov’t amid pandemic (Eagle News) – President Rodrigo Duterte called on the Commission on Audit (COA) to release only its final audit reports and to allow government departments and units “elbow room” to finish audit requirement amid the pandemic. In his “Talk to the People” on Thursday night, Aug. 26, President Duterte also saw the need to audit the COA, saying he […]

Customs bureau reports P487 million in additional revenues from post-clearance audits on importers

(Eagle News)–The Bureau of Customs has collected P487 million in additional revenues as a result of its post-clearance audits on importers. The BOC said in a statement on Saturday, June 20, that of this amount,  P19,755,564.47 were the result of an audit  on five companies/importers, while  P160,027,224.51 were collected from 24 companies that applied for the Prior Disclosure Program and were covered by existing Audit Notification Letters issued against Customs bonded warehouse operators and their […]

Duterte wants meeting with COA, Ombudsman to find ways to simplify audit procedures

(Eagle News)—President Rodrigo Duterte wants a meeting with the Ombudsman and the Commission on Audit so they could come out with more simplified auditing procedures. President Duterte made the comment in a speech marking the anniversary of the Presidential Anti-Corruption Commission in  Malacañang on Wednesday, March 6, as he slammed the existing auditing regulations that delay government projects. “Kasi kung ano ano nalang pinaglalagay…There are more and more regulations,” he said. He said he wanted […]