The Comptroller of Puerto Rico issues a qualified opinion on the fiscal operations of the Puerto de Ponce. A qualified opinion is issued when the instances of noncompliance, individually or together, are significant but not pervasive.
The Report reveals deficiencies with the collections, the inventory of blank receipts and checks, and the check register. In addition, the assistant director of Administration and Finance performed conflicting functions since she carried out accounting tasks while at the same time recording the collections in the computerized system, preparing the receipts for the collections, and canceling them. A similar situation had been commented on in Audit Report M-06-16 of 2005.
The three-finding audit notes that the availability of funds was not verified at the time of recording the purchase orders, two purchases of electrical works and roof sealing were paid without written requisitions, and six payments for $34,343 were issued for the purchase of goods and services without the certification of the official who received them. This situation had also been commented on in Audit Report M-06-16 of 2005.
Our auditors identified that the contracting to perform the audit of the financial statements of the Puerto de Ponce from 2012 to 2016 was awarded up to two and a half years after the date provided by Act 273-2003, Contractual Standards on Independence in the External Audits of Governmental Entities. This situation caused delays in the start of the audit work.
The Report covers the period from December 12, 2011, to February 28, 2017.
See Audit Report M-18-34.
To view other published reports, visit our Audit Reports section.
Some documents on this page are saved in PDF format.
To view these documents, you must have the following free program installed.
