Public Disclosure Authorized Commonwealth of Dominica Public Disclosure Authorized AUDIT OF THE RESOURCES MANAGED DURING THE PERIOD JULY 1, 2017 TO JUNE 30, 2018 BY THE COMMONWEALTH OF DOMINICA UNDER THE DOMINICA DISASTER VULNERABILITY REDUCTION PROJECT Public Disclosure Authorized LOAN NUMBER IDA 54950, TF016912, TF 016955 Public Disclosure Authorized TABLE OF CONTENTS Transmittal Letter 1 - 6 Auditor's Report on the Project Financial Statements 7 Auditor's Report on Compliance 8 Auditor's Report on Internal Controls 9 - 10 Auditor's Report on Designated Account Statement 11 Sources and Uses of Funds 12 - 15 Committed Funds 16 - 19 Designated Account Reconciliation 20 - 23 Local Currency Project Account 24 - 27 Notes to the Financial Statements 28 - 32 COMMONNWEALTH OF DOMINICA OFFICE OF THE DIRECTOR OF AUDIT Tel: (767) 266 3304 Top Floor. Treasury Building Fax: (767) 448 6834 Hillsborough Street E-mail:
[email protected] Roseau Website: www.dominica.gov.dm Commonwealth of Dominica Ref: May 28, 2019 Mr. Collin Guiste Project Coordinator Project Coordination Unit Disaster Vulnerability Reduction Project 38 Cork Street, First Floor Roseau Commonwealth of Dominica Dear Mr. Guiste, This report represents the results of a financial and compliance audit of the resources managed during the period July 1, 2017 to June 30, 2018 by the Project Co-ordination Unit under the Disaster Vulnerability Reduction Project (DVRP) financed by the World Bank Credit No. 5495 - DOM. BACKGROUND Description of Entity The Disaster Vulnerability Reduction Project (DVRP) is implemented by the Ministry of Health and the Environment, supported by a Project Co-ordination Unit (PCU) with oversight from the Ministry of Finance.