COA Chairperson Gamaliel A. Cordoba The Commission on Audit (COA) is moving towards digital transformation of its audit approaches, techniques and processes during the next seven years under the term of Chairperson Gamaliel A. Cordoba. Around 140 senior COA officials, led by Chairperson Cordoba and Commissioners Roland C. Pondoc and Mario G. Lipana, formulated the Commission’s strategic directives at a planning conference conducted from 24- 27 April 2023. Chairperson Cordoba shared his ten-point agenda for the digital transformation of state audits. These strategic thrusts focus on developing an easy-to-implement and technology-driven government accounting system compliant with international standards; introducing e-audit as the manner of conducting audit through digitizing government transactions including collections in partnership with all government agencies; and leveraging technology to improve audit techniques and procedures including the development of an automated audit system for e-collections and e-payments and use of artificial intelligence to crunch big data to determine patterns and detect fraud. These strategic thrusts are in line with President Ferdinand “Bongbong” Marcos Jr.’s call to embrace digitalization and adopt technological innovations to make the country more competitive. Also included in the Chairperson’s 10-point agenda are aligning existing rules and regulations with the changing times and conditions, […]
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