Privacy Commissioner Naga trumpets NPC’s ‘unmodified opinion’ by COA for second straight year

The National Privacy Commission (NPC) received its unmodified opinion from the Commission on Audit (COA) affirming the fairness of the presentation of the NPC's Financial Statements for the Calendar Year 2022. This is the second consecutive year that the independent constitutional commission mandated to examine, audit, and settle all accounts and expenditures of the funds and properties of the Philippine government has issued this type of audit opinion in favor of the NPC. The COA transmitted the Annual Audit Report to the NPC on June 13, 2023.

An unmodified opinion, also known as 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.

In the Independent Auditor’s Report, the COA Supervising Auditor stated, “In our opinion, the accompanying financial statements present fairly, in all material respects, the financial position of the National Privacy Commission as at December 31, 2022, and its financial performance, cash flows, changes in net asset/equity, and status of budget in relation to the actual amounts utilized/disbursed for the year then ended in accordance with the International Public Sector Accounting Standards (IPSAS).”

Privacy Commissioner Atty. John Henry D. Naga expressed the NPC's unwavering commitment to transparency and accountability, stating, “This achievement exemplifies our dedication in maintaining the highest standards of governance and financial management in serving the Filipino people. We recognize the solid commitment and dedication of our NPC workforce in the judicious use of public resources, which has been instrumental in achieving this remarkable result.”

Commissioner Naga continued, “We remain resolute in our mission to promote and safeguard privacy rights while fostering an environment that encourages innovation and national development. This accomplishment aligns seamlessly with our Quality Policy, in reflecting our unwavering commitment to perform our mandate with passion, utmost integrity, and meet the regulatory requirements of public service for the benefit of the Filipino people.”

Privacy Executive Director Atty. Ivin Ronald D.M. Alzona emphasized the significance of the unmodified opinion, stating, “The immense impact of this accomplishment extends beyond numbers and reports as it is deeply rooted in our commitment to safeguard public funds, mirroring our dedication to promote and to protect the data privacy rights of the Filipinos. Moving forward, the NPC, as a trusted steward of public resources, remains steadfast in its dedication to ensure optimal fund utilization through consistent review, assessment, and implementation of NPC’s quality management systems.”