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8TH YEAR IN A ROW: GCG RECEIVES HIGH COA AUDIT RATING

The Governance Commission for GOCCs (GCG) has received the highest rating for the Calendar Year 2020 in the annual audit report of the Commission on Audit (COA) released on 21 June 2021. The report, which is now available on the COA’s website, was signed on 10 May 2021 by supervising auditor Melinda R. Barcial. 2020 marks the 8th year that the Governance Commission has received an Unqualifi...

GCG CELEBRATES A DECADE OF LEGACY BUILDING

President Rodrigo Duterte noted the milestones of the Governance Commission for GOCCs (GCG) since the enactment of the GOCC Governance Act of 2011. “GCG has been instrumental in enabling GOCCs to become catalysts for our nation’s economy and growth development. I hope this milestone will further inspire the men and women of the Commission to work even harder, ensuring that transparenc...

Corporate Governance Scorecard: Reinforcing High Standards of Governance Across the GOCC Sector

Established on 08 October 2015, the Corporate Government Scorecard (CGS) is a quantitatively-driven evaluation tool based on existing and globally accepted standards and practices. It is an instrument that assesses the corporate governance initiatives of a Government-Owned or -Controlled Corporation (GOCC) through a methodology benchmarked against the Organisation for Economic Co-operation and Dev...

GCG OBTAINS HIGH AUDIT RATING FROM COA

The Governance Commission for GOCCs (GCG) obtained a high audit rating for the Calendar Year 2019 in the recently released annual audit report of the Commission on Audit (COA). The report, which is now available on the COA’s website, was signed on 31 July 2020 by supervising auditor Melinda R. Barcial. The GCG is among the 15 attached agencies under the Office of the President that received...

GCG RECEIVES OUTSTANDING ACCOUNTING OFFICE AWARD FOR 2018

GCG reaps Outstanding Accounting Office Award. The Association of Government Accountants of the Philippines, Inc. (AGAP), conferred the Governance Commission for GOCCs (GCG) with the Outstanding Accounting Office Award for year 2018 on 23 October 2019. AGAP awarded GCG for having exemplary met the criteria of Accuracy, Timeliness, Reliability and Compliance to Accounting Rules and Regulatio...

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