1988-1990-FISCAL AUDITS AND REPORT OF EXAMINATION - MASHPEE INDIAN MUSEUM

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BLISS & MARZELLI CERTIFIED PUBLIC ACCOUNTANTS 254-B SHORE ROAD P.O. BOX 1025 MONUMENT BEACH, MA 02553 TELEPHONE(508)759-4110 I INDEPENDENT AUDITOR'S REPORT ON INTERNAL CONTROL STRUCTURE IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS i Board of Selectmen Town of Mashpee, Massachusetts j I Honorable Selectmen: We have audited the general purpose financial statements of the Town of Mashpee, Massachusetts for the year ended June 30, 1990, and have issued our report thereon dated November 14, 3990. i f We conducted our• audit in accordance with generally accepted auditing standards and Government Auditing Standards,, issued by the Cotnptroller General of the United States. Those standards require that we play, and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstate- merit. In planning and performing our audit of the general purpose financial statements of the Town of Mashpee, Massachusetts for the year ended June 30, 1990, we considered its internal control structure in order to determine our auditing procedures for the purpose of ex- pressing our opinion, on the general purpose financial statements and riot to provide assurance on the internal control structure. The management of the Town of Mashpee, Massachusetts is respon- sible for establishing and maintaining an internal control structure. In fulfilling this responsibility, estimates and ,judgments by manage- ment are required to assess the expected benefits and related costs of internal control structure policies and procedures. The objectives of IM internal control structure are to provide management with reasonable, but not absolute, assurance that assets are safeguarded against loss from unauthorized use or disposition, and that transac- tions are executed in accordance with management' s authorization and recorded properly to permit the preparation, of financial statements in P accordance with generally accepted accounting principles. Because of inherent limitations in any internal control structure, errors or ir- regularities may nevertheless occur and not be detected. Also, I protection of any evaluation of the structure to future periods is subject to, the risk that procedures may become inadequate because of changes in conditions or that the effectiveness of the design and operation of policies and procedures may deteriorate. 4