Port Authority Releases FY13 Audit

The Port Authority of Allegheny County Board of Directors today released the audited financial statements for the fiscal year that ended June 30, 2013.

“We are very pleased that the Authority received a clean audit opinion from its independent auditors,” said David White, Chairman of the Authority’s Audit Committee.

The statements were reviewed and approved by the Board’s Audit Committee, which is comprised of White, Sen. Jim Brewster and Tom Donatelli. The Committee recommended the statements be approved by the full Board. The audit can be viewed online by clicking here.

Maher Duessel, of Pittsburgh, audited the Authority’s financial statements and reported no material weaknesses in internal control over financial reporting and major programs. The auditors conducted their audit of the Authority’s financial statements in accordance with generally accepted auditing standards and government auditing standards and noted improved internal financial reporting, despite cutbacks in the Authority’s finance department.