]1\epublic of t!Je ~!Jilipt:Jinell COMMISSION ON AUDIT Commonwealth Avenue, Quezon City, Philippines MEMORANDUM No.: Date: 20\lf ·002 MAR 1 o· 2014" TO All COA Assistant Commissioners, Directors of the Central and Regional Offices, Supervising Auditors, Audit Team Leaders and all Others Concerned SUBJECT Enhanced monitoring of compliance with recommendations in the Annual Audit Report (AAR) through the Agency Action Plan and Status of Implementation (AAPSI) Form and Action Plan Monitoring Tool {APMT) Recent events have revealed a heightened awareness of the observations and recommendations contained in the COA Annual Audit Reports {AARs) as well as of an urgent need of the public to be kept abreast of what is done to implement them. There is a felt need as well for a concise and comprehensive information on the matter covering all government agencies (national, local and corporate). In this regard, this Commission hereby prescribes the use of a form {Annex "A") that combines both an action plan and status of implementation of the previous year's recommendations and is entitled Agency Action Plan and Status of Implementation {AAPSI). The Agency Action Plan {AAP) is prescribed in the Integrated Results and Risk-Based Audit Manual (IRRBAM). It is a tool for government agencies to indicate action plans on the audit observations and recommendations contained in the AAR, and for the auditor to monitor the said action plans. Likewise, under the general provisions of the annual General Appropriations Act {GAA), the audited agencies are required to submit within 60 days upon receipt of the AAR a status report on the actions taken on the audit observations and recommendations. Henceforth, the letter transmitting the AAR to the head of agency and/or those charged with governance shall contain a statement requesting the agency to accomplish the AAPSI on the audit observations and recommendations contained in the AAR. The AAPSI form shall likewise be attached to the transmittal letter. Within 30 days upon receipt of the AAPSI (hard and soft copies) from the agency, the auditor shall validate the same, and submit a report to the Cluster/Regional Director concerned for monitoring purposes, using the revised Action Plan Monitoring Tool {Annex "B"), within 30 days from validation. Further, for Government-Owned and/or Controlled Corporations (GOCCs) under the jurisdiction of the Governance Commission for GOCCs (GCG), copies of validation reports including the respective AARs shall also be furnished the latter.