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The primary function of the UK's Audit Commission is to appoint auditors to a range of local public bodies in England, set the standards for auditors and oversee the work of auditors. This is a statutory corporation in the UK.

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Who will audit the COA?

The Commission on Audit (COA) in the Philippines is audited by external auditors appointed by the government. Additionally, the COA itself conducts audits of various government agencies to ensure transparency and accountability. The audit process is overseen by the Commission on Audit’s own internal mechanisms, which include peer reviews and compliance checks. Ultimately, the results are reported to the President and Congress, ensuring public oversight.


What are the Advantages and disadvantages of in house internal audit function?

Internal audits help businesses track their revenue. A disadvantage of an internal audit is the fact that it requires human resources businesses can't really afford to dedicate to audits.


Who should internal audit department report to?

The internal audit department should ideally report to the board of directors or an audit committee within the board, rather than management. This structure helps ensure independence and objectivity in the audit process, allowing auditors to provide unbiased assessments of the organization's risk management, control, and governance processes. Reporting to the board also fosters transparency and accountability, enhancing the overall effectiveness of the internal audit function.


Difference between audit plan and audit program?

an audit program may contain several audit plans


What is the process of preparing an audit?

The process of preparation for audit depends on the kind of audit to be performed, it's objective and scope. The scope of the audit is key to the planning process. The planning required or statutory audit is different from internal audit; it also differs from forensic audit?

Related Questions

Commission on audit palawan office address?

what is the address of commission on audit in manila and who will be to contact for inqueries


What are the 3 constitutional commission?

civil service commission, commission on election, commission on audit


What are the three constitutional commission in the Philippine constitution?

The Commission on Audit, the Civil Service Commission, and the Commission on Elections.


What are the 3 independent constitution commissions?

civil service commission, commission on election, commission on audit


Who is the Chairman of the Audit Commission in the Philippines?

Maria Gracia M. Pulido Tan is the current Chairman of the Philippines Commission on Audit. The President of the Philippines appoints the Commissioners.


What is commission on audit in Filipino?

Kagawaran ng Pagsisiyasat.


What are the principle tasks of the Audit Commission?

The audit commission should check the effective utilisation of publlic money for the public without any deviation and report to the higher authority.


What are the principles tasks of the audit commission?

The audit commission should check the effective utilisation of publlic money for the public without any deviation and report to the higher authority.


What is the motto of Gambling Commission?

The motto of Gambling Commission is 'Keeping gambling fair and safe for all'.


What is the UKs GNP?

the Uks GNP is 15 387


How much is the salary of salary grade 21 Commission On Audit employee in the Philippines?

39,493


What is the difference between computer hardware and peripherals?

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