One of the flagship programs of the Bureau of Workers with Special Concerns (BWSC), the Social Amelioration Program (SAP) in the Sugar Industry has received an unqualified opinion from the Commission on Audit (COA).
An Annual Audit Report released last 24 August 2020 by the Commission states that the program showed fairness in its Statement of Financial Position as of December 31, 2019, the Statement of Financial Performance, Statement of Changes in Net Assets/Equity, Statement of Cash Flows, and Statement of Comparison of Budget and Actual Amounts, and notes to financial statements for the year are all in accordance with the Philippine Public Sector Accounting Standards (PPSAs), and with respect to the International Standard of Supreme Audit Institutions (ISSAIs).
The BWSC also commits to address few comments and suggestions attached to the report to further enhance the implementation of the SAP.
An unqualified opinion from the state auditor proves the effectiveness of the Bureau’s program for sugar workers and prudent use of the SAP funds.
The SAP aims to augment the income of sugar workers, finance socio-economic programs/projects geared to provide additional livelihood and employment opportunities to the sugar workers and their families, promote sugar workers' welfare and social protection, and increase stakeholders' participation in decision making, particularly on policies related to workers' development under the Republic Act No. 6982 or the Act Strengthening the Social Amelioration Program in the Sugar Industry.