Friday, April 13, 2018

Vancouver USA Aces Audit

By Karen Robes Meeks

For its eighth straight year, the Port of Vancouver USA earned a clean audit from the Washington State Auditor’s Office.

No deficiencies were found during the audit period from Jan. 1, 2017, through Dec. 31, 2017 by the state auditor’s office, which reviewed “procurement and contract compliance; lease revenues; safeguarding of fuel; tracking of small and attractive IT inventory assets; and payroll and financial condition,” according to the port.

“Finding no deficiencies year after year showcases the passion and integrity our staff have every day,” said CEO Julianna Marler. “We are deeply committed to accountability and transparency, and we’re proud to have yet another clean audit that demonstrates those values.”

Three years ago, the Governmental Accounting Standards Board raised reporting standards for all government agencies, said port Director of Finance and Accounting Scott Goodrich.

“GASB works hard to ensure transparency, access and accuracy in financial reporting and we are proud to continue to not only meet but exceed those standards,” he said.