PhilSA Gets Unmodified Opinion from COA
Quezon City: The Philippine Space Agency (PhilSA) received an unmodified opinion from the Commission on Audit (COA) for its 2024 financial statements, signifying that these were presented fairly and following the International Public Sector Accounting Standards (IPSAS), the agency announced on Monday. According to Philippines News Agency, COA’s unmodified opinion is an affirmation of PhilSA’s commitment to transparency, accountability, and sound financial management. The report stated, “In our opinion, the accompanying financial statements present fairly, in all material respects, the financial position of the PhilSA as at December 31, 2024, and its financial performance, cash flows, changes in net assets/equity,