FORTY-FOUR million doses of coronavirus disease (Covid-19) vaccines in the country are now considered wastage, based on the latest numbers from the Department of Health (DOH). A special audit of the country’s Covid-19 vaccination program has been set and the DOH committed to cooperate. In a press conference, Health Undersecretary Maria Rosario Vergeire said the […]
Tag: audit
Navigating Customs audit and prior disclosure
After more than three years from the time the Bureau of Customs (BoC) resumed the conduct of customs audits, many importers stepped forward and voluntarily paid deficiency duties and taxes by availing of the Prior Disclosure Program (PDP). Based on international best customs practices, the PDP authorizes the BoC Commissioner to accept, as a potential […]
CTA affirms canceled tax assessment on Ferrari dealer
THE Court of Tax Appeals (CTA) affirmed the cancellation of the tax assessment on Autostrada Motore, Inc. worth P341.37 million inclusive of penalties and interest for the fiscal years 2011 to 2013. In a 15-page decision on July 21 and made public on July 26, the CTA full court said it did not have jurisdiction […]
$NOID Undergoes CertiK Audit, Guarantees Secure Transaction and Realization of Smart Contracts
JAKARTA, Dec 4, 2021 – (ACN Newswire via SEAPRWire.com) – One month after it was released and managed to record the fastest presale transaction on the PinkSale platform, the Indonesian blockchain network crypto asset Tokenoid ($NOID) is undergoing the Certik Audit process. This audit process becomes very important to ensuring that every $NOID transaction is […]
CoA suspends special audit, release of reports on candidates for 2022 polls to avoid partisanship allegations
STATE AUDITORS have suspended the creation of special audit teams and releasing reports involving candidates who will run in the 2022 elections to avoid allegations of political partisanship. “Immediate but untimely action on these complaints and appeals would create a dangerous impression that this Commission is favoring or disfavoring any election candidate,” the Commission on […]
CoA head says it can’t audit Red Cross as Duterte slams Gordon for leading probe on overpriced medical goods
The chair of the Commission on Audit (CoA) said in a House budget hearing Friday that state auditors cannot conduct an audit on the Philippine Red Cross (PRC) as it is not under their jurisdiction. This as President Rodrigo R. Duterte on Thursday night slammed Senator Richard J. Gordon — who is also the head […]
World-first Hip Fracture Registry Toolbox striving to improve care for the 1 million+ who fracture a hip in Asia Pacific each year
An innovative world-first Hip Fracture Registry Toolbox has been launched today (Tuesday, June 15, 2021) to address the alarming death and disability caused by the more than 1 million hip fractures sustained in the Asia Pacific each year.(1) Developed by the Asia Pacific Fragility Fracture Alliance (APFFA) in collaboration with the Fragility Fracture Network (FFN), […]
Former MPIC, Megawide executives join Converge
NEWLY listed fiber internet provider Converge ICT Solutions, Inc. announced on Wednesday the appointment of its two new executives, who are expected to raise the company’s “organizational standards of governance, stakeholder relations, and risk management.” In a disclosure to the stock exchange, the company named Owen Kieffer Ocampo as investor relations director and Anthony Vergel […]