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M �. ALONE �c TANDLER Certified Public Accountants 66 Long Wharf Boston, Massachusetts 02110 (617) 523-8024 To the Honorable Board of Selectmen Mashpee, Massachusetts We have examined the combined financial statements of the Town of Mashpee, Massachusetts, for the year ended June 30, 1985, and have I I issued our report, which was qualified in several respects, dated September 241 1985. As part of our examination, we studied and evaluated the system of internal accounting control of the Town to the extent we considered necessary to evaluate the system as required by generally accepted auditing III standards and the standards for financial and compliance audits contained in the U.S. Accounting Office Standards for Audit of Governmental Organizations, Programs, Activities and Functions. For the purpose of this l report, we have classified the significant internal accounting controls in the following categories: balance sheet items consisted of cash and i investments, receivables, payables, accrued liabilities, debt, and fund r; equities-balances; accounting and treasury applications consisted of I ' billings and receivables, cash receipts and cash disbursements, purchasing ^rr? and receiving,g, payroll, property and equipment, general ledger, budgets and financial reporting. I Our study included all of the control categories listed above. However, we limited our study of controls over property and equipment to accounting I� k, for additions and disposals since it is the practice of many municipalities in the Commonwealth of Massachusetts not to maintain inventory cost records l Of their property and equipment. The purpose of our study and evaluation was to determine the nature, timing and extent of auditing procedures necessary for expressing an opinion on the Town's combined financial s tatements. Our study and evaluation was more limited than would be neces- sary to express an opinion on the system of internal accounting control taken as a whole or on any category of control identified above. k American Institute of Certified Public Accountants MEMBER OF Massachusetts Society of Certified Public Accountants, Inc.