GAC Okays NASSCORP’s Financial Records

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MONROVIA-OCTOBER 27, 2025: Auditor General P. Garswa Jackson’s October 4, 2026 letter to the Director General of the National Social Security and Welfare Corporation (NASSCORP) has thrown significant light on the fairness and significant errors-free status of the entity’s Financial Statement Audit.

The GAC boss letter informed Director General Dewitt Vonbalmoos about the audit of the financial statements of NASSCORP for the year ended December 31, 2022, comprising Statements of Financial Position, Income Statements, Statements of Cash Flow and Notes to the financial statement including summary of significant accounting policies and other explanatory information.

GAC Boss, Mr. P. Garswa Jackson

The letter further read: “In our opinion,  the accompanying financial statements present fairly the Statements of Financial Position, Statement of financial performance, Cash flow statement, Statement of the budget and Actual Amounts and a summary of significant accounting policies and other explanatory notes for the year ended in according with Generally Acceptable Accounting Principles (GAAP).” See letter attached  for details.