COA eyes ‘e-audit’ system | Inquirer News

COA eyes ‘e-audit’ system

/ 07:04 PM May 01, 2023

The office of the Commission on Audit.

Commission on Audit. (INQUIRER file photo)

MANILA, Philippines — The Commission on Audit (COA) has set its sights on completely digitizing its public auditing processes.

The commission’s senior officials crafted a transition strategy in a planning conference held from April 24-27.

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COA chairperson Gamaliel Cordoba presented his 10-point agenda for his seven-year term during the event.

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It centered on the digital transformation of the agency.

“We are now moving into modernizing audit through leveraging technology,” Cordoba said.

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“I hope we will be able to take a step further, enabling a technology-driven government accounting system,” he said.

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Cordoba’s plans include the introduction of digital means in conducting audits, creating an automated audit system for e-collections and e-payments, and using artificial intelligence to process extensive data in determining patterns and detecting fraud. —Aliah Gumasing, trainee

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