{"id":168257,"date":"2018-06-29T01:07:25","date_gmt":"2018-06-29T05:07:25","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=168257"},"modified":"2018-06-29T01:07:25","modified_gmt":"2018-06-29T05:07:25","slug":"coa-may-conduct-complete-performance-audit-under-federalism","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2018\/06\/29\/coa-may-conduct-complete-performance-audit-under-federalism\/","title":{"rendered":"COA may conduct complete performance audit under federalism"},"content":{"rendered":"
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In other words, Generoso said, the COA will now be mandated to assess and measure not just compliance with laws and audit standards but more importantly, measure the outcome of the project of the government and expenditure. (Shutterstock photo)<\/figcaption><\/figure>\n

MANILA\u00a0<\/strong>—\u00a0<\/strong>The Commission on Audit (COA) may conduct a performance audit before, during, and after the implementation of government projects under the proposed federal Constitution being drafted by President Rodrigo R. Duterte\u2019s Consultative Committee (ConCom) to review the 1987 Constitution.<\/p>\n

ConCom senior technical assistant and spokesperson Ding Generoso said that this was among the proposed provisions on Constitutional Commissions set to be voted by the ConCom in an en banc session next week.<\/p>\n

Generoso said that because the ConCom felt that the powers of the COA are \u201cnot enough,\u201d it has decided to give it \u201ccomplete\u201d performance audit powers.<\/p>\n

\u201cConCom has expanded the powers and duties of the Commission on Audit (COA), not just financial audit. The COA must also perform performance audit, which involves four parameters — quality, quantity, timeliness, and cost,\u201d he said in a press conference in Pasay City on Thursday.<\/p>\n

In other words, Generoso said, the COA will now be mandated to assess and measure not just compliance with laws and audit standards but more importantly, measure the outcome of the project of the government and expenditure.<\/p>\n

ConCom member and professor Eddie Alih said the committee also added a pre-audit function for some transactions.<\/p>\n

\u201cThere are times where COA, after implementation of project, will find it out that it is not in accordance with existing rules of COA. So I think the ConCom has provided for some transactions to undergo a pre-audit to avoid disallowance of transactions,\u201d Alih said.<\/p>\n

Generoso clarified that this works for big-ticket projects with national impact to avoid such situations where projects are delayed because of noncompliance with certain procurement and audit requirements.<\/p>\n

\u201cWhile the project is being constructed, the COA can also look into how it is being implemented,\u201d he said. \u201cHindi makaka<\/em>-delay\u00a0yung<\/em>\u00a0process\u00a0yung dinagdagan mo ng<\/em>\u00a0(It won\u2019t delay the process of adding) complete performance audit\u00a0kasi<\/em>\u00a0(because) during implementation,\u00a0pupuwede na tingnan ng\u00a0<\/em>COA (COA can already check) if it is compliant with all rules and quality standards.\u201d<\/p>\n

Generoso further stressed that the idea is to conduct an audit before, during, and after projects are implemented.<\/p>\n

\u201cHindi yung\u00a0<\/em>after\u00a0na, tapos na, nawala na yung pera, di na natin nalaman kung saan napunta<\/em>\u00a0(Not after the project, where the money is already gone, and we don\u2019t know where it went) and it will never allow us to recover any money that is lost,\u201d he added.<\/p>\n

Under the 1987 Constitution, the COA is composed of a chairman and two commissioners. However, under the ConCom\u2019s proposed Federal Constitution, it wants to expand the composition to one chairman and four members.<\/p>\n

Members are required to be certified public accountants with not less than 10 years of auditing experience, members of the Philippine Bar who have been engaged in the practice of law for at least 10 years, and management experts with extensive experience on quality management and quality standards.<\/p>\n","protected":false},"excerpt":{"rendered":"

MANILA\u00a0—\u00a0The Commission on Audit (COA) may conduct a performance audit before, during, and after the implementation of government projects under …<\/p>\n","protected":false},"author":33,"featured_media":33008,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1145,16,95],"tags":[9900,44775,9948,16251],"class_list":["post-168257","post","type-post","status-publish","format-standard","has-post-thumbnail","category-headline","category-news","category-news-ph","tag-commission-on-audit","tag-consultative-committee","tag-federalism","tag-rodrigo-r-duterte","mauthors-azer-parrocha","mauthors-philippine-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/168257","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=168257"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/168257\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/33008"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=168257"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=168257"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=168257"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}