Review of the Accounting for Petty Cash, Imprest, and Accreditation Funds

The Office of the Virgin Islands Inspector General has released its report on the review of the accounting for petty cash, imprest, and accreditation funds for the Virgin Islands. The review showed that the Department of Finance does not have an accurate accounting of the outstanding funds, nor do they know the number of custodians who have possession of the funds. The Commissioner agreed with seven of the eight recommendations made in the report, but did not specify the corrective actions to be taken. To view the report, click here.