vimarsana.com

Page 4 - சர்வதேச பொது துறை கணக்குவைப்பு முறை தரநிலைகள் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

MoF organises a workshop on the Government of Dubai s experience in applying accrual accounting in line with the IPSAS

IPOPHL maintains highest COA audit mark for eight years

TAGUIG CITY, May 15   The Intellectual Property Office of the Philippines (IPOPHL) once again received from the Commission on Audit (COA) an “unqualified/unmodified opinion” for its financial records last year, the best auditing mark which can only be achieved if an entity’s financial statements are free from “material misstatements.”  COA’s Independent Auditor’s (IA) Report for IPOPHL covering fiscal year 2020 said the office’s financial statements “present fairly, in all material respects” that its financial position, financial performance, cash flows, changes in net assets/equity, comparison between budget and actual amounts for the year, and notes to financial statements are in accordance with International Public Sector Accounting Standards.

IPOPHL maintains highest COA mark for eight years

Published May 14, 2021, 12:13 PM The Intellectual Property Office of the Philippines (IPOPHL) received from the Commission on Audit (COA) an “unqualified/unmodified opinion” for its financial records last year, its 8th year for best auditing mark, which can only be achieved if an entity’s financial statements are free from “material misstatements.” COA’s Independent Auditor’s (IA) Report for IPOPHL covering fiscal year 2020 said the office’s financial statements “present fairly, in all material respects” that its financial position, financial performance, cash flows, changes in net assets/equity, comparison between budget and actual amounts for the year, and notes to financial statements are in accordance with International Public Sector Accounting Standards.

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.