The Savings and Loan Association of Government Auditors, Inc. (SLAGA) has been in existence for 71 years, having been registered with the Securities and Exchange Commission (SEC) on August 1, 1951. Under its original Articles of Incorporation, it was to exist for fifty (50) years from the said date of incorporation.

The amendment of Article IV of the Articles of Incorporation extending the life of the Association for another fifty (50) years or until July 23, 2051 was approved by the Bangko Sentral ng Pilipinas (BSP) and the registration thereof was approved by the SEC under an Order dated February 17, 2006 which lifted the Order of Revocation earlier imposed on the SLAGA for failure to renew its registration on time.

SLAGA is not part of the Commission on Audit although its membership comprises solely the active officials and employees of the Commission, and retired COA employee-members who retain their membership upon timely signification in writing of their desire to do so. It is a private entity, its employees covered by the Social Security System. It is under the Supervision of the Bangko Sentral ng Pilipinas and its operation is examined periodically by the Integrated Supervision Department I.