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Honorable Selectmen. <br /> The management of the Town of Mashpee, Massachusetts, is <br /> responsible for establishing and maintaining internal control <br /> systems used in administering federal financial assistance pro- <br /> grams. In fulfilling that responsibility, estimates and judg- <br /> rnents by management are required to assess the expected benefits <br /> and related costs of control procedures. The objectives of in- <br /> ternal control systems used in administering federal financial <br /> assistance programs are to provide management with reasonable, <br /> but not absolute, assurance that, with respect to federal finan- <br /> Hal assistance programs, resource use is consistent with laws, <br /> regulations and policies; resources are safeguarded against <br /> caste, loss and misuse; and reliable data are obtained, main- <br /> tained and fairly disclosed in reports. <br /> Because of inherent limitations in any system of internal <br /> accounting and administrative controls used in administering fed- <br /> eral financial assistance programs, errors or irregularities may <br /> nevertheless occur and riot be detected. Also, projection of any <br /> evaluation of the systems to future periods is subject to the <br /> risk that procedures may become inadequate because of changes in <br /> conditions, or that the degree of compliance with the procedures may <br /> deteriorate. <br /> Our study included all the applicable control categories <br /> listed in the first paragraph. During the year ended June 30, 1983, <br /> the Town of Mashpee, Massachusetts, had no major federal financial <br /> assistance programs and expended 64% of its total federal financial <br /> assistance under the following nonmajor federal financial assistance <br /> Programs.- Educationally Deprived Children P. L. 37-35-Chapter I ; <br /> National School Lunch Program. <br /> With respect to internal control systems used in administering <br /> these nonmajar federal financial assistance programs, our study and <br /> evaluation included considering the types of errors and irregularities <br /> g {.fu <br /> that could occur, determining the internal control procedures that <br /> should <br /> Pre-vent or detect such errors and irregularities, determining <br /> whether the necessary procedures are prescribed and are being followedi!�ili{ <br /> satisfactorily, and evaluating any weaknesses. <br /> 38 <br />