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QC receives COA’s ‘unqualified opinion’ for 3rd straight year

Home » Media » QC receives COA’s ‘unqualified opinion’ for 3rd straight year
  • June 12, 2023
  • 2682

For the third straight year, the Quezon City government has received an “unqualified opinion” from the Commission on Audit (COA) for its 2022 annual audit report following an extensive assessment, Mayor Joy Belmonte announced during Monday’s 125th Independence Day ceremony.

The unqualified opinion is the highest audit opinion that COA can give to a government agency, including a local government unit.

“Sa ikatlong sunod na taon, mapalad ang ating siyudad na mabiyayaan ng ganitong parangal. Ito’y patunay lang ng ating tuluy-tuloy na tapat na pamamahala, at pagiging masinop sa paggamit ng pondo ng taumbayan,” said Belmonte. 

“Hindi natin maaabot ang pagkilalang ito kung hindi dahil sa masisipag at tapat na mga tauhan ng ating siyudad. Para sa inyo ang parangal na ito,” she added.

Belmonte was informed of the award, the highest recognition given by COA to government agencies, during a courtesy visit by Joseph Perez, Supervising Auditor of COA-QC.

Based on the independent auditor’s report, the QC government’s financial statements have met the “applicable financial reporting framework” following extensive scrutiny by COA.

Mayor Belmonte personally received the COA annual report from Perez, together with City Administrator Michael Alimurung, Secretary to the Mayor Ricardo Belmonte Jr., and Office of the City Mayor (OCM) Chief of Staff Rowena Macatao.

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