Pag-IBIG secures highest COA rating

The Home Development Mutual Fund, commonly known as Pag-IBIG Fund, has received the highest evaluation granted by the Commission on Audit (COA) for its financial statements.

- LOUISE MAUREEN SIMEON

Pag-IBIG said it received an unmodified opinion or unqualified opinion from the state auditor for ensuring an accurate and fraud-free financial statement.

This is the highest evaluation to state agencies from COA and is an indication of strong internal controls, as well as accuracy and integrity of financial statements.

It also shows Pag-IBIG’s compliance with the International Public Sector Accounting Standards.