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Pago Pago, AMERICAN SAMOA — At the end of fiscal year 2019, American Samoa Power Authority’s local operating revenue had increased by more than $7 million from the previous year, while overall expenses — excluding fuel oil expenses — decreased significantly, according to the independent audit of...
Pago Pago, AMERICAN SAMOA — One of the American Samoa Government’s long term obligations is the “accrued compensated absences” which totaled more than $10.96 million at the close of fiscal year 2019, according to ASG audit financial report for FY 2019 by the auditing firm, Larson & Company PC....
Pago Pago, AMERICAN SAMOA — American Samoa Government’s “long-term obligation” increased by more than $34 million to just over $246 million at the end of fiscal year 2019, according to the independent audit of ASG’s financial statement for fiscal year 2019, conducted by Utah-based certified public...
Pago Pago, AMERICAN SAMOA — The territorial government “does not have an adequate control system in place to ensure that the general ledger accurately reflects the account balances of the Territory on a monthly, quarterly, or annual basis,” according to the independent audit of ASG’s fiscal year...
Pago Pago, AMERICAN SAMOA — “Deficiency in Internal Controls” exist when it comes to tax assessment and collection, as well as “control deficiency” in excise tax documentation, were some of the findings and questionable costs, identified by independent auditors, during their audit of the government...