COA vows digital transformation of state audit in the next seven years

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The Commission on Audit (COA) has vowed to pursue digital transformation for the next seven years.

In a statement, COA chairperson Gamaliel Cordoba said the agency's strategic thrusts will be focused on:

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. prescribing new rules to cover gaps and emerging issues and updating audit guidelines for e-payment to cover contracts entered into with social media platforms

developing guidelines for the audit of PPP projects and public utilities and train personnel for the conduct of such audit and

 

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