How does the COA perform its auditorial function?
The COA conducts its auditorial function based on the following Audit Framework:
- Strategic Planning and Risk Identification
- Agency Audit Planning and Risk Assessment
- Audit Execution
- Audit Conclusion and Reporting
- Quality Control System
COA performs different audit services such as but not limited to: a) Financial Audit; b) Performance Audit; c) Compliance Audit; Fraud Audit. Detailed steps on the aforesaid audit services are summarized on this link: