Administrative Order No. 70

Strengthening of the Internal Control Systems of Government Offices, Agencies, Government-Owned and/or Controlled Corporations, Including Government Financial Institutions, State Universities and Colleges, and Local Government Units

I, GLORIA MACAPAGAL-ARROYO, President of the Republic of the Philippines, by virtue of the powers vested in me by law, do hereby order:

SECTION I. Creation of Internal Audit Service. - All heads of government offices, agencies, government-owned and/or controlled corporations, including government financial institutions, State Universities and Colleges (SUCs) and local government units, shall organize an Internal Audit Service (IAS) in their respective offices.

The IAS shall be an integral part of the office and shall assist in the management and effective discharge of the responsibilities of the office, without intruding into the authority and mandate of the Commission on Audit (COA), granted under the Constitution. It shall function in accordance with the policies established by the provisions of Republic Act.No. 3456 as amended by Republic Act No. 4177.

The IAS shall be provided with sufficient support from the top management to gain the cooperation/confidence of the auditee.

 

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