Extent of Auditing Authority of COA Over GOCCs

What is the extent of the auditing authority of the COA over government-owned corporations?

Answer: The auditing authority of the Commission on Audit (COA) over government-owned corporations extends only to those with original charters. (Section 2 (1), Article IX (D). In the exercise of this power, the Commission on Audit has authority over accountable officers and other offices who perform accounting functions.

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