COA delays publishing of audit reports. How can this affect us?

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COA delays publishing of audit reports. How can this affect us?
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Experts raise the alarm over implications of the delay on the public and budget transparency

This is AI generated summarization, which may have errors. For context, always refer to the full article.Vice President Sara Duterte

But in this world, as of writing, DepEd’s AAR has yet to be uploaded on the COA website. Worse, DepEd’s AAR is not the only one which will have a delayed publication. Otherwise, COA holds a final exit conference in the beginning of the next fiscal year, which is again another chance for agencies to explain. All these responses are consolidated before auditors finalize the AAR, so they can publish them starting June of the next fiscal year.

The additional 60-day period for agencies to reply to COA’s audit is added leeway, which should not be celebrated, according to experts. The usual time frame given to the agencies should be enough to prepare necessary documents and attachments, as this was the usual practice even before the GAA provision, the experts added.

Suzara said the government should consider removing the GAA provision in the next budget law. She explained that at the time several issues surround public funds, COA as an independent commission must be able to release timely information about audits. In addition, Suzara believes more leeway only paves the way for inefficiency.

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