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Quezon City gets clean audit anew

MANILA, Philippines — For the fourth consecutive year, the Quezon City government received an unmodified opinion from the Commission on Audit (COA).

According to COA, an unmodified or unqualified opinion “is issued when the auditor concludes that the financial statements are prepared, in all material respects, in accordance with the applicable financial reporting framework.”

The independent auditor’s report, the local government said, found that the “financial statements present fairly, in all material respects, the financial position of Quezon City.”

Mayor Joy Belmonte welcomed the assessment and expressed gratitude for the dedication and hard work of the city’s financial management team and all personnel involved in ensuring the integrity of the city’s financial operations.

“We offer this to all Quezon City citizens. This achievement reflects our relentless pursuit of excellence in public service and our commitment to the welfare of our constituents,” she said.

This is the fourth time that the city obtained an unmodified opinion from COA.

It said it “reaffirms the city’s steadfast commitment to transparency, accountability, and sound financial management” as it underscores its commitment to upholding the highest standards of governance and fiscal responsibility.

“With this fourth consecutive unmodified opinion, the Quezon City government continues to set a benchmark for effective governance and financial stewardship in the Philippines,” the local government said.

“The city remains steadfast in its mission to deliver efficient and transparent services that uplift the lives of its residents and contribute to the overall progress and development of the nation,” it added.