For CY 2020, there is no bigger government program, project or activity that is so material, huge and pervasive enough that permeates and affects the life of every Filipino other than transactions that involve the use of COVID-19 Funds. At the inception of the government imposed quarantine restrictions in March, 2020 to curb both the rising trend of COVID-19 infections and the fatalities caused by COVID-19, public spending for COVID-19 programs and activities also started to protect people from getting contaminated and treat those infected with COVID-19.

In order to meet the evolving development in public governance and fund management where the success of any government plan, program or activity needs an effective auditing that ensures that fiscal responsibility is properly discharged by heads of government agencies, COA must issue timely, relevant and well-prepared reports consistent with the International Standards of Supreme Audit Institutions (ISSAIs) if it is to sustain its effectiveness as an enabling partner to the nation’s progress and growth.

I. COVID-19 Fund Sourcing
See link: Audit Program on Fund Sourcing for COVID-19 Plans, Programs and Activities