Solon bats for audit reform summit to update decades-old auditing law | Inquirer News

Solon bats for audit reform summit to update decades-old auditing law

/ 12:08 PM January 17, 2019

Solon bats for state audit summit to update decades-old auditing law

INQUIRER FILE PHOTO / RICHARD A. REYES

MANILA, Philippines — A lawmaker is pushing for a government audit reform summit to tackle the need to update the 40-year-old State Audit Code of the country.

Misamis Oriental 2nd District Rep. Juliette Uy said the law, which “badly needs updating and upgrading,” is one of the key reasons government agencies’ “hands are tied when dealing with spending priorities.”

Article continues after this advertisement

“The State Audit Code we still have now is a presidential decree from way back 1978. In terms of technologies alone, much has changed since then, and so have many financial processes. It is time to update, upgrade, and make government auditing relevant and response to current and future realities of governance,” Uy, who is a member of the House committee on revision of laws, said in a statement Thursday.

FEATURED STORIES

The last major revision of the State Audit Code, she said, was through the Administrative Code of 1987, an executive order issued by then President Corazon Aquino.

Uy said she would file a resolution calling for a government audit reform summit to be jointly convened by the Legislative Executive Development Advisory Council (Ledac), national government agencies, and the Commission on Audit.

Article continues after this advertisement

The output from the summit would be a draft bill for a New State Audit Code of the Philippines, the congresswoman added. /jpv

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: Audit, House, Local news, Uadit Code

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.