2020 COA Audit: PGCS is ready
The audit entry conference meeting was called for by the Commission on Audit (COA), headed by Ms. Maria Sharon B. Reyes together with the Supervising Auditor, Ms. Teresita S. Borile, on January 20, 2020 at the Provincial Administrator’s Conference Room, Capitol Complex, Cadlan, Pili, Camarines Sur.
The said audit meeting was held to formally open the conduct of COA’s audit of the provincial government’s transaction documents, selected programs and projects, financial reports and financial reporting processes for the year ended 31 December 2019.
It was attended by various offices/department of the Province such as the Provincial Accountant’s Office, Provincial Treasurer’s Office, Provincial Budget Office, Provincial Planning and Development Office, Provincial Engineer’s Office, Provincial General Services Office, EDMERO, and HRMO, convened to facilitate clear understanding of the audit engagement such as the audit objectives, scope and limitation, audit areas, auditor’s and management responsibility, timelines and the requested documentation and literature needed at the start and during the audit activities. Ultimately, its purpose is to communicate results of audit and to provide recommendations to the Management through an Annual Audit Report (AAR) which is expected to be issued on or before 30 June 2020. On the other hand, the Provincial Internal Audit Office shall serve as the assisting department towards the success of this audit engagement and an intermediary towards strengthening provincial government linkages.By: Jeric Tejares