CHED welcomes ‘truly historical’ highest audit rating from COA

“This is truly historical and a product of the various fiscal accountability reforms initiated when I assumed the CHED Chairmanship in 2018,” said CHED Chairman Popoy de Vera in a statement.

“In the first exit conference I attended as CHED Chairman, I informed the COA auditor and his team that the Commission will act decisively on audit observations that have persisted even as early as the late 1990s,” De Vera said. De Vera noted that since that time, a total of P2,864,412,550.78 has been returned to the government coffers by HEIs. “Others have improved their documentation and reporting systems to clear their accounts,” CHED said.

Meanwhile, tighter procurement procedures were also implemented in the various CHED offices and prompt action on COA observations was done as soon as the COA reports came out.

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