Premier trumpets audit successes again

Although Cayman Islands Premier Alden McLaughlin announced last week that 16 of 42 government entity financial statements has passed muster with auditors during the prior budget year, few of those reports had been made public as of Friday.

A number of financial statements were released in the Legislative Assembly last week, but according to information posted on the LA website, most of the records dealt with years prior to the 2013/14 fiscal year, which ended on June 30.

According to the financial statements that were made public as of Friday:

The National Roads Authority received an “unqualified” [best] audit opinion for the 2012/13 budget year.

The Electricity Regulatory Authority received unqualified audit opinions for the 2010/11 and 2012/13 years.

The National Housing Development Trust received an unqualified opinion for the 2012/13 fiscal year.

The Information and Communications Technology Authority received an unqualified audit opinion in the 2011/12 year and a qualified opinion [meaning some information in the financial statements could not be verified] for the 2010/11 year.

The Portfolio of the Civil Service received an unqualified audit opinion for the 2013/14

The Ministry of District Administration, Tourism and Transport received a qualified opinion for the 2013/14 budget year.

The Cayman National Cultural Foundation received unqualified audit opinions for the 2010/11, 2011/12 and 2012/13 fiscal years.

The Children and Youth Services Foundation received a qualified opinion during the 2010/11 year.

The Ministry of Community Affairs received an unqualified audit opinion during the 2013/14 budget year.

The former Ministry of Community Affairs, Gender and Housing received an unqualified opinion during the 2012/13 year.

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