MEMORANDUM CIRCULAR NO. 2020-16
Series of 2020.
SUBJECT : EXTENSION OF VALIDITY OF ACCREDITATION OF COOPERATIVE EXTERNAL AUDITORS
The Omnibus Guidelines on the Implementation of the Community Quarantine in the Philippines, with Amendments as of June 25, 2020, by the Inter-Agency Task Force (IATF) for the Management of Emerging Infectious Diseases, imposed limitations on the movement of people and transportation, regulated the operations of offices, establishments and industries, and required the presence of uniformed personnel to enforce community quarantine protocols. Under such restrictions, securing and completion of requirements such as certifications, trainings and other documents from different agencies have become difficult to comply, including accreditation as external auditors.
In view of this, the Cooperative Development Authority (CDA) hereby extends the validity of accreditation of cooperative external auditors (CEAs), with expiration date beginning March 2020, to December 31, 2020.
This Circular shall take effect immediately.
Approved per Board Resolution No. 176 S-2020 dated July 15, 2020.
(SGD) ORLANDO R. RAVANERA