00:00You mentioned the intelligence and confidential funds.
00:05For our understanding, so we can understand now, what are the intelligence funds and what are the confidential funds?
00:14The intelligence funds under the Joint Circular 2015-01 are the lump sum appropriation provided in the budget of the
00:25agency concerned with respect to their intelligence operations.
00:29Ano naman ang confidential funds?
00:32Ang confidential fund po, based on the Joint Circular 2015-01, ay yung lump sum appropriation po ng concerned agency
00:42para sa kanilang confidential expenses.
00:45At you earlier said, sinabi mo kanina na ang office ng ICPFAU ang nag-audit ng national government agencies.
00:57Anong ibig sabihin ng nagkoconduct ng audit? Anong klaseng audit ang ginagawa ng COA-ICPAU?
01:06Ang audit po na ginagawa ng COA-ICPAU ay compliance post-audit po.
01:14What do you mean by compliance post-audit?
01:18When we say compliance post-audit po, we evaluate a certain subject matter which is covered by the audit with
01:27respect to a certain criteria po,
01:29which is usually po yung applicable laws, rules and regulations.
01:34And in case of the confidential and intelligence fund,
01:39in-evaluate po namin yung liquidation ng confidential and intelligence fund based dun sa criteria na presented ng Joint Circular
01:472015-01.
01:49At pag sinabi naman pong post-audit, ginagawa po namin yung audit after the fact of the disbursement.
01:58So, in-evaluate po namin kung yung disbursements ay properly supported with complete documents as required by the applicable rules
02:06and regulations.
02:07And if yung disbursements po ay hindi illegal, hindi irregular, or hindi improper.
02:13Okay.
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