COMMISSION ON AUDIT

Report No. [# assigned to office]-[term #]-[academic year] e.x. 01-01-1314

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Format of Audit Report:

1. Cover Letter
2. Independent Auditors Report
3. Financial Statements
4. Findings, classified whether significant or minor audit exemptions
5. Recommendation

Remember to ALWAYS USE the header and footer for ALL PAGES of the report. Just
edit the header to reflect report no.
In case of the financial statements, kindly scan it as picture and insert it in the report so
you wont have to re-type.

Chief auditors, this is the table of numbers and the corresponding name of office.
# Assigned to office Name of office
01 OPRES
02 OVP-Internals
03 OVP-Externals
04 OSEC
05 OTREAS
06 JUDICIARY
07 COMELEC
08 College Government of Business
09 BLAZE 2013
10 BLAZE 2014
11 BLAZE 2015
12 BLAZE 2016
13 School of Economics Government
14 EXCEL 2013
15 EXCEL 2014
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Report No. [# assigned to office]-[term #]-[academic year] e.x. 01-01-1314
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16 EXCEL 2015
17 EXCEL 2016
18 College Government of Liberal Arts
19 FAST 2010
20 FAST 2011
21 FAST 2012
22 FAST 2013
23 College Government of Engineering
24 65
th
ENG
25 66
th
ENG
26 67
th
ENG
27 68
th
ENG
28 College Government of Computer Studies
29 CATCH 2T14
30 CATCH 2T15
31 CATCH 2T16
32 CATCH 2T17
33 College Government of Science
34 FOCUS 2011
35 FOCUS 2012
36 FOCUS 2013
37 College Government of Education
38 EDGE 2011
39 EDGE 2012
40 EDGE 2013

Send all audit reports to the documentations team for printing. Use this format for the
file name: Name of office_Term No._Academic Year

THANK YOU!

COMMISSION ON AUDIT
Report No. [# assigned to office]-[term #]-[academic year] e.x. 01-01-1314
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[Date]


To the Officers Monitoring Board
University Student Government


We, the Commission on Audit have undertaken a financial audit of the [insert
name of office] for the [insert term no., ex. 1
st
] term ended, AY [insert what academic
year, ex. 2011-2012] lead by [insert name of highest elected officer].

Found in the next pages are the following: (1) Independent Auditors Report,
where we stated our opinion; (2) Detailed findings and (3) Recommendation. The
consideration of suggested actions to be taken will be very much appreciated.

The officers from the [insert name of office] shall be given until [insert the day
and date 2 weeks after the release date of report] a chance to express dissent or
disagreement and to provide clarification or rebuttal to any findings presented in the
report. Failure to make any reply will be construed as waiver on the part of the office.


Respectfully yours,


[insert name]
Vice Chair for Administration


Noted by:


[insert name]
Chairman






COMMISSION ON AUDIT
Report No. [# assigned to office]-[term #]-[academic year] e.x. 01-01-1314
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INDEPENDENT AUDITORS REPORT


To the Officers Monitoring Board
University Student Government


We have audited the accompanying financial statements of [insert name of office] for
the [insert term no., i.e. 1
st
] term ended, AY [insert what academic year, i.e. 2011-2012]
which comprise the [insert financial statements included].

Office Heads Responsibility for the Financial Statements

Office heads are responsible for the preparation and fair presentation of the financial
statements. This responsibility includes: designing, implementing and maintaining
internal control relevant to the preparation of financial statements that are free from
material misstatements, whether due to fraud or error.

Auditors Responsibility

We conducted our audit in accordance to standards which require us to comply with
ethical requirements and plan and perform the audit to obtain reasonable assurance
whether the financial statements are free from material misstatement.

An audit involves performing procedures to obtain audit evidence about the amounts
and disclosures, if any in the financial statements. The procedures selected depend on
the auditors judgment. An audit also includes evaluating the overall presentation of the
financial statements.

[Add a paragraph discussing scope limitation, if any]

Opinion

[If unqualified opinion is to be issued] In our opinion, the financial statements of [insert
name of office] were presented fairly, in all material respects.

[If scope limitation was material, then qualified should be issued] In our opinion, except
for the matters discussed in the preceding paragraph, the financial statements of [insert
name of office] were presented fairly, in all material respects.

COMMISSION ON AUDIT
Report No. [# assigned to office]-[term #]-[academic year] e.x. 01-01-1314
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[If scope limitation was highly material, then disclaimer opinion should be issued]
Because of the significance of the matters discussed in the preceding paragraph, we do
not express an opinion on the financial statements.


____________________
[insert name]
Vice Chair for Audit


Noted by:


____________________
[insert name]
Chairman