The Human Settlements Adjudication Commission secured an “unmodified opinion” rating from the Commission on Audit for 2021.
An unmodified or 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,” according to COA.
The two factors that contributed to this rating were: (1) ensuring that all transactions had a legal basis and (2) all documents were submitted on time, Finance Service Officer-in-Charge Marizel Correos highlighted.
Executive Commissioner Melzar P. Galicia, on the other hand, commended all HSAC staff whose hard work led to the favorable rating. He hopes that they will continue to embody the HSAC values of fairness, honesty, accountability, and competence.
Under Republic Act No. 11201, the HSAC is the quasi-judicial body responsible for adjudicating disputes on real estate management, homeowners associations, and appeals from the decisions of local and regional planning and zoning bodies.
Its predecessor, the Housing and Land Use Regulatory Board, was also conferred the same rating in 2017, 2018, and 2019; and was even inducted into the Hall of Fame of the Association of Government Accountants of the Philippines’ Outstanding Accounting Offices in 2019.