1. Composition and qualifications
Composition, There shall be a Commission on Audit composed of a Chairman and two (2) Commissioners. (Section 1, Part D, Article IX, Ibid.)
Same; Limitation. At no time shall all Members of the Commission belong to the same profession. (Section 1, Part D, Article IX, Ibid.)
Qualifications of COA Chairperson and Commissioners:1) Natural-born citizens of the Philippines;2) At least thirty-five (35) years of age, at the time of their appointment;3) Certified public accountants with not less than ten (10) years of auditing experience, or members of the Philippine Bar who have been engaged in the practice of law for at least ten (10) years; and4) Must not have been candidates for any elective position in the elections immediately preceding their appointment. (Section 1, Part D, Article IX, Ibid.)
2. Powers and functions
COA powers and functons:The Commission on Audit shall have the power, authority, and duty to examine, audit, and settle all accounts pertaining to the revenue and receipts of, and expenditures or uses of funds and property, owned or held in trust by, or pertaining to, the Government, or any of its subdivisions, agencies, or instrumentalities, including government-owned or controlled corporations with original charters, and on a post-audit basis:1) Constitutional bodies, commissions and offices that have been granted fiscal autonomy under this Constitution;2) Autonomous state colleges and universities;3) Othe...
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