The Commission on Audit (COA) rendered an unmodified opinion on the fairness of the presentation of the Philippine Space Agency’s (PhilSA) FY 2023 financial statements.

This marks the fourth consecutive year that the Agency has received an unmodified opinion on its financial statements.

An unmodified opinion (also referred to as an unqualified opinion) is issued when the auditor concludes that the financial statements are prepared, in all material respects, in accordance with the applicable financial reporting framework.

This highlights PhilSA’s commitment to good governance to deliver the benefits of #YamangKalawakan or space resources in aid of national development and upliftment of the lives of Filipinos.

(L-R) COA Audit Team Member Sheena T. Santos, Audit Teal Leader Joanna Mae C. Canadalla, and Supervising Auditor Cherrie Lou C. Arguilla, PhilSA DG Marciano, Deputy Director for Space Science Space Operations, Infrastructure & Industry (DDGSOII) Denis F. Villorente, and Finance and Administrative Service (FAS) Bureau Director Sonia P. Cabangon