Are the audited annual financial report/statement uploaded on the website within 60 days upon receipt from COA?
Y
The GOCC must explicitly state the 1.) date of receipt of the AFS from COA and 2.) the date when the AFS was released/published online.
An N/A rating will be given for this item if the COA-audited financial report is not yet available or not yet transmitted to the GOCC, provided that the evidence/ proof of their financial reports have already been submitted for audit and that they disclose their unaudited financial reports instead.
ANNUAL AUDIT REPORT FOR THE YEAR ENDING DECEMBER 31, 2021
Y
Finance is not informed on the commitment deadline for posting.
N
II
10.b
Is the annual report released within 90 days from release of audited financial report?
Y
The GOCC must explicitly state the 1.) date of receipt of the AFS from COA and 2.) the date when the Annual Report was released/published online
Is the true and fairness/fair representation of the annual financial statement/reports affirmed by the board of directors/commissioners and/or the relevant officers of the company?
Y
There should be a statement online made by the Directors and/or relevant officers confirming the truth/veracity and fairness of the GOCC’s financial statements.
Does the GOCC practice Global Reporting Index (GRI) on its annual reports?
Y
The GOCC must publicly disclose that it has adopted integrated reporting based on the GRI framework for its disclosures.
N/A
IV
2 Timely release of annual financial report
Is the audited annual financial report/statement released within 30 days upon receipt from COA?
Y
The GOCC must explicitly state the date when the AFS was released from COA and when it was published.
ANNUAL AUDIT REPORT FOR THE YEAR ENDING DECEMBER 31, 2021
N/A
The audited annual report is not published but reported and uploaded to the system of the reporting agency such as icrs for gms representative
N
V. Penalty
V
1 Responsibilities of the Board
Are there members of the Board of Directors who hold more than five (5) positions in GOCCs and PLCs?
N
The GOCC must name all the directorships of their Appointive Direcotrs to other GOCCs and PLCs. Should the Director have more than 5 positions in other GOCCs and PLCs, the GOCC will be marked N on this item.
UNKNOWN
N
V
2 Responsibilities of the Board
Is there non-compliance with Good Governance Conditions?
N
Thhe GOCC must disclose the results of GCG’s evaluation of its good governance conditions. Should the GOCC fail to comply with two or more conditions, it will be marked N on this item.
