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Port audit finds low fraud risk but recommends best practices for travel purchases
Summary
The internal audit reported the port’s credit‑card policies are in good shape and present a low risk of fraud, but recommended adopting Louisiana Legislative Auditor best practices for travel procedures; auditors noted some reimbursed personal charges that were documented and repaid.
The internal auditor told the Audit Committee that, unlike the PPG review, the Port’s credit‑card policies “were in good shape” and the port presents a low risk of fraud, waste and abuse. The auditor recommended the port consider implementing Louisiana Legislative Auditor best practices to strengthen travel‑related procedures; the port concurred with that recommendation.
The auditor reviewed purchase and travel transactions and reported no systemic differences that warranted additional recommendations, though the report listed isolated personal charges that were later repaid to the port. The auditor said those repayments and the immaterial size of the transactions led him not to record a formal compliance finding; however, he documented the charges in his working papers and told the committee that repeat findings on follow‑up audits would prompt action.
Committee members questioned specific line items and requested staff explain several recurring subscription and monthly charges. One committee member pointed to a $428.12 charge labeled in the transcript as a 'car subscription' and asked staff to clarify the nature and necessity of recurring fees.
Ending: The committee accepted the auditor’s recommendations for the port to align with state best practices and asked staff to return with clarifications on the flagged charges and any recurring monthly fees.
