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MANILA, Philippines 鈥� The Philippine National Police (PNP on Monday received an 鈥渦nmodified opinion鈥� from the Commission on Audit (COA).
This was according to the COA鈥檚 official audit report for 2022.
鈥淭he COA鈥檚 assessment affirms the accuracy of the PNP鈥檚 financial statements, portraying the Agency鈥檚 financial position as of December 31, 2022, and its financial performance, cash flows, changes in net assets/equity, and budget compliance for the year,鈥� the PNP said in a statement.
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This rating, commonly referred to as a clean opinion, is 鈥渢he highest level of assurance in financial reporting,鈥� according to PNP.
COA is an independent constitutional body mandated to conduct audits of government agencies to ensure the prudent use of public funds to safeguard the interest of the Filipinos. (with Kirsten Segui, Inquirer.net trainee)