Finding 537967 (2023-005)

Significant Deficiency
Requirement
L
Questioned Costs
-
Year
2023
Accepted
2025-03-27

AI Summary

  • Answer: The Authority missed submitting one required financial report.
  • Trend: This is part of a pattern where not all reports are consistently submitted.
  • List: Follow up to ensure future reports are submitted on time and review the reporting process for improvements.

Finding Text

The Authority did not submit one (1) of the twenty-three (23) required financial reports for the following dates: Bi-weekly report of July 15, 2022.

Corrective Action Plan

Management acknowledges the audit finding regarding the Authority's failure to submit one (1) of the twenty-three (23) required financial reports. The Puerto Rico Convention Center District Authority (PRCCDA) conducted an immediate review of its monthly reporting procedures upon receipt of the audit findings. To address identified deficiencies, staff training and development is being provided to reinforce adherence to reporting guidelines, ensure accurate data entry, and emphasize the importance of meeting deadlines. Additionally, communication protocols are being enhanced to ensure all relevant stakeholders are informed of reporting requirements, timelines, and procedural updates.

Categories

No categories assigned yet.

Other Findings in this Audit

  • 537963 2023-001
    Material Weakness
  • 537964 2023-002
    Material Weakness
  • 537965 2023-003
    Material Weakness
  • 537966 2023-004
    -
  • 537968 2023-006
    Significant Deficiency Repeat
  • 1114405 2023-001
    Material Weakness
  • 1114406 2023-002
    Material Weakness
  • 1114407 2023-003
    Material Weakness
  • 1114408 2023-004
    -
  • 1114409 2023-005
    Significant Deficiency
  • 1114410 2023-006
    Significant Deficiency Repeat

Programs in Audit

ALN Program Name Expenditures
21.027 Coronavirus State and Local Fiscal Recovery Funds $9.48M
97.036 Disaster Grants - Public Assistance (presidentially Declared Disasters) $594,115