The Commission on Audit (CoA) gave the Office of the Vice-President (OVP) an unmodified opinion for its calendar year 2025 financial statements, as reported by BusinessWorld. In a report, CoA stated that the OVP's financial statements present fairly, in all material respects, the financial position of the office as of December 31, 2025.
An unmodified opinion, often referred to as a clean audit, indicates that the audited financial statements are free from material misstatements and comply with accounting standards. This marks a positive assessment for the OVP amid ongoing scrutiny of government agencies' financial management.
The audit covered the OVP's financial transactions and balances for the fiscal year ending December 31, 2025. The clean opinion could help bolster public confidence in the office's fiscal accountability and transparency.