For the third straight year, the Quezon City government has received an “unqualified opinion” from the Commission on Audit (COA) for its 2022 audit report following an extensive assessment, Mayor Joy Belmonte announced during Monday’s 125th Independence Day ceremony.
Unqualified opinion is the highest audit rating that the COA can give to a government agency, including a local government unit.
“In the past three years, we are fortunate that we are blessed that we have been awarded this recognition. This only proves of our good governance, and of how we take good care of our funds,” Belmonte said.
“We cannot achieve this without the effort of our hardworking and sincere employees,” he added.
Belmonte was informed of the award, the highest recognition given by the COA to government agencies, during a courtesy visit by Joseph Perez, supervising auditor of COA-QC.
The city government’s financial statements have met the “applicable financial reporting framework” following extensive scrutiny by COA, Perez said.
Belmonte personally received the COA annual report from Perez, together with city administrator Michael Alimurung, secretary to the Mayor Ricardo Belmonte Jr., and Office of the City Mayor chief of staff Rowena Macatao. Rio N. Araja