COA eyes ‘e-audit’ system
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.
COA chairperson Gamaliel Cordoba presented his 10-point agenda for his seven-year term during the event.
It centered on the digital transformation of the agency.
“We are now moving into modernizing audit through leveraging technology,” Cordoba said.
“I hope we will be able to take a step further, enabling a technology-driven government accounting system,” he said.
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