AUDIT DESIGN MATRIX

Audit Topic : Loan Borrowings

Audit Objective: To determine whether a documented foreign annual borrowing plan exists and whether these strategies address the Philippine’s Debt
Management Strategy

To assess whether NG’s financial capacity can produce the budget figures presented in the debt amortization schedules for foreign loan
borrowings

To determine how NG officials assess the probability of triggering events (contingencies) and the financial effects foreign loan borrowings
would incur and if such were considered in the Debt Management Strategy.