The National Training Agency says no external audits have been done at the institution since 2011.
NTC Chairman, Dr. Ruby Alleyne, made the revelation during a sitting of the Public Accounts Enterprises Committee of Parliament this week.
However, she indicated that steps are being taken to correct this situation.
PAEC member, Fitzgerald Hinds, expressed dissatisfaction over the development adding that it hampers accountability.
Dr. Alleyne also said action has been taken following concerns raised to the pension plan at the agency.