What Was The Budget And Financial Statements Of The ONCCA Before Its Dissolution?
The National Bureau of Agricultural Trade Control was disbanded in early 2011. For their last exercise before the AGN declined to comment on the state of implementation of the budget because only 2% of expenditure presented documentation to justify it. On the balances, the entity failed to register debts and receivables and only 3% of expenditures had a definite goal.
The General Audit Office (AGN, for its acronym in Spanish) noted in the second to last budget implementation of the National Bureau of Farm Trade Control (ONCCA, for its acronym in Spanish), which was dissolved in early 2011, "did not support documentation for 98% of the expenditures attached", therefore the watchdog had to disclaim an opinion on budget.
This is the National Office that aimed to ensure compliance with trade rules by those participating in the cattle market, meats, grains and dairy in Argentina, so to ensure transparency and fairness in the development of the food sector.
Besides the lack of supporting documentation, the abstaining of an opinion based on that "the amounts transferred to the ArgenINTA were performed overall and not as objects of expenditure under the Minutes Agreement signed between the Foundation and the ONCCA".
By a presidential decree the body, under the Ministry of Agriculture, Livestock, and Fisheries of Argentina, was dissolved on Friday, February 25th, 2011. The AGN detected in the financial statements of 2009, "they had not registered a debt to the Treasury of the Nation Building and liabilities arising from outstanding compensation payment." The ONCCA also "failed to settle receivables of funds transferred to ArgenINTA and fines received" in addition to "not having placed on the balance sheet Consumer Goods during the audited period. "For this sum of irregularities, the audit reported that the Financial Statements of the Office "do not reasonably expose the expressed figures."
Furthermore, the AGN evaluated the achievement of objectives and goals of the agency. In this regard, they remained the disclaimer of opinion "as the ONCCA did not provide documentation that covers the executions." They also highlighted that they accrued only 3.11% of total expenditure that represents goals. The remaining 96.89% did not correspond to the goals set by the organization.
Finally, the agency said there were "weaknesses in internal control" and based their assertion on the fact that "there was no uniform criterion for the payment of compensations", "lacking documentation in shaping some payment records," which "had a structure that was not approved "and "the budget jobs, accounting, and treasury were performed by two different Financial Administrative Services."