How COA Protect Public Funds

23 Apr 2019

5 Noble Ways COA Guards Taxpayers’ Money

The Commission on Audit (COA) plays a vital role in protecting taxpayers’ money. Some call the agency as the ‘watchdog’ of the government, some call it as enabler in safeguarding public funds, some call the Commission as guardian of public coffers. But, just how exactly does the Commission protects taxpayers’ hard earned money? Here we give you five (5) of the various ways how COA safeguards public funds: 1) It’s the constitutional mandate of COA to examine, audit, and settle all accounts pertaining to the revenue and receipts of, and expenditures or uses of funds and property, owned or held...

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