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06/30/1997-FISCAL AUDITS
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06/30/1997-FISCAL AUDITS
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' Town of Mashpee, Massachusetts <br /> Schedule of Findings <br /> For the Year Ended June 30, 1997 <br /> A. SUMMARY OF AUDIT RESULTS <br /> 1. The auditors' report expresses a qualified opinion on the general-purpose fin- <br /> ancial statements of the Town of Mashpee. The qualification results from the <br /> lack of accounting for general fixed asset records. <br /> 2. No reportable conditions were disclosed during the audit of the financial <br /> statements. <br /> t 3. No instances of noncompliance material to the financial statements of the <br /> Town of Mashpee were disclosed during the audit. <br /> 4. No reportable conditions were disclosed during the audit of the major federal <br /> award programs. <br /> 5. The auditors' report on compliance for the major federal award programs for <br /> the Town of Mashpee expresses an unqualified opinion. <br /> 6. There were no audit findings relative to the major federal award programs for <br /> the Town of Mashpee. <br /> 7. The only program tested as a major program was the CDBG Small Cities <br /> (14.228). <br /> 8. The threshold for distinguishing Type A programs was $ 300,000. <br /> B. FINDINGS - FINANCIAL STATEMENTS AUDIT <br /> Reportable Conditions <br /> None Noted. <br /> ' 6 <br />
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