OVP receives ‘unqualified opinion’ from COA for fourth straight year
MANILA, Philippines — A day before stepping down from office, Vice President Leni Robredo announced that her office had been rendered an “unqualified opinion” from the Commission on Audit for the fourth consecutive year.
The state auditors issued a satisfactory remark to the Office of the Vice President (OVP) for its financial statement for the 2021 fiscal year.
READ: COA gives OVP highest audit rating for third successive year
“We were granted an unqualified opinion by the Commission on Audit for the 4th straight year (2018-2021)!!! What a fitting exclamation point to our 6 years at the OVP,” the outgoing Vice President shared in a tweet Wednesday.
We were granted an unqualified opinion by the Commission on Audit for the 4th straight year (2018-2021)!!! What a fitting exclamation point to our 6 years at the OVP🙏🙏
— Leni Robredo (@lenirobredo) June 28, 2022
According to COA, the unqualified opinion is granted to government agencies that have fairly presented their financial reports and statements following the Philippine Public Sector Accounting Standards.
The OVP first received the said audit opinion for the 2018 fiscal year.