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The Metropolitan Manila Development Authority (MMDA) received its highest audit rating from the Commission on Audit (COA) for 2019, a first for the agency in 45 years. The COA gave the MMDA an “unqualified opinion” on the fairness of presentation of the agency’s financial statements for the fiscal year 2019. MMDA Chairman Danilo Lim expressed […]
The Commission on Audit (COA) has declared the National Electrification Administration (NEA) as compliant with government transparency standards in its operations and financial management. According to the latest COA Independent Auditor’s Report (IAR), the NEA received an unmodifed opinion on the fairness of presentation of its financial statements as of December 31, 2018. This means […]