COA gives OVP highest audit rating for third successive year

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MANILA, Philippines — For the third consecutive year, the office of Vice President Leni Robredo received the highest audit rating from the Commission on Audit (COA).

The Office of the Vice President (OVP) said that state auditors gave an “unqualified opinion” on its financial report for the fiscal year 2020.

According to COA, an “unqualified opinion” rating is considered the best opinion that a government agency can receive. COA gives such a rating when a government office has fairly presented its financial position and has its financial statements in order, in accordance with the Philippine Public Sector Accounting Standards.

The OVP also received an “unqualified opinion”…

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