Port adds an internal Audit Department

In a very progressive move the Antigua & Barbuda Port Authority has installed its own internal auditing team. The team has been working since June 8 2015.

The Port Authority’s Audit Department is charged with the examination of the company’s accounts and financial records, culminating in a report based on the company’s financial statements. This report will assist the Management team, Board of Commissioners, Staff, and by and large the future Investors.

Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organization’s operations. It helps an organization to accomplish its objectives by bringing a systematic disciplined approach in evaluating and improving the effectiveness of risk management, control, and governance processes.

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