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Laoag City accountant Loelyn Acain (Contributed photo) LAOAG CITY -Officials and employees of the Laoag City government were elated on Wednesday after the Commission on Audit (COA) in Region 1 rendered an unmodified opinion on the fairness of presentation of its financial statements from the year ending December 31, 2021. "This recognition will serve as an inspiration for us to continually serve the public with integrity, transparency, and efficiency in our office operations," city accountant Loelyn Acain said in an interview. The unmodified audit opinion is the highest rating given to a local government unit, covering its significant accounts and operations. It aims to ascertain the accuracy of financial records and reports in accordance with the provisions of the Philippine Public Sector Accounting Standards (PPSAS). Acain said COA's highest rating on the city government's financial records after a decade will encourage more investments the city while residents are