• PH audit commission is ILO external auditor


    The Philippine Commission on Audit (COA) will serve as external auditor for the International Labor Organization (ILO) for four years beginning April 1, 2016.

    COA, in a statement on Friday, said the ILO’s Governing Body made the appointment upon a unanimous recommendation of a selection panel during the organization’s ongoing 323rd session being held in Geneva, Switzerland.
    The session started on March 12 and will end on March 27.

    “This appointment is an affirmation not only of COA’s audit expertise but also its integrity and independence. We assure the ILO of our promise to deliver quality external audit to the highest professional standards and to work together with the ILO in its pursuit of its mandate,” COA Commissioner and Officer-in-Charge Heidi Mendoza said.

    The Philippines was selected over short-listed candidates France and the United Kingdom.

    The First President of the Cour des Comptes, France; the Commissioner of the Commission on Audit, Republic of the Philippines; and the Comptroller and Auditor-General of the United Kingdom made it to the selection panel’s shortlist.

    The three candidates were invited for an oral presentation before the panel last March 14 followed by further questions on their proposal and the organization they represented.

    During the presentation for COA’s bid, Mendoza was accompanied by COA Directors Lito Martin, Michael Racelis, Danilo Cabug and Visitacion Mendoza, Auditor Heherson Visaya and several others.

    The selection panel is a tripartite body composed of Ghana, China, the United States of America and Greece representing governments; South Africa and Japan representing employers groups; and Belgium and Denmark representing workers groups.

    The ILO document on COA’s appointment read, “Although, the panel noted that the candidate appeared to have limited experience of working with the ILO, they felt that this would not be an obstacle for the candidate delivering a quality external audit to the highest professional standards, which would meet the expectations of the Governing Body and the ILO.”

    “Moreover, the panel expressed the view that this could work to the ILO’s advantage as the candidate could bring a fresh perspective to the external audit of the ILO. The candidate had experience of auditing other UN agencies and clearly demonstrated that [it]  had the technical capacity to learn quickly and assimilate the unique governance and operating structure of the ILO into [its]audit approach,” it said.

    The ILO is a specialized agency of the United Nations that mainly aims to promote rights at work, encourage decent employment opportunities, enhance social protection and strengthen dialogue on work-related issues.


    Please follow our commenting guidelines.

    Comments are closed.