Ilocos Norte earns CoA’s highest degree of audit opinion
BY LEANDER C. DOMINGO
ILOCOS NORTE: A rare feat for any local government unit (LGU), the Commission on Audit (CoA) gave the Provincial Government of Ilocos Norte (PGIN) the highest degree of audit opinion for 2020.
In a letter to Governor Matthew Marcos Manotoc, lawyer Chito Janaban, CoA Region 1 director, said they rendered an “unmodified opinion” on the fairness of presentation of the financial statements for reasons stated in the CoA's Independent Auditor’s Report.
In auditing parlance, an unmodified opinion is made by an auditor when financial statements are prepared, in all material respects, in accordance with International Public Sector Accounting Standards (IPSAS) as well as applicable regulations.
Gayfelyn Labayan, CoA audit leader assigned at the PGIN Capitol, said o...









