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

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i goard of Selectmen, Town of Mashpee, Massachusetts f° For the purpose of this report, we have classified the sig- nificant internal control structure policies and procedures in the fallowing categories: �. Cash Disbursements Payroll Cash Receipts For all of the central categories listed above, we obtained an understanding of the design of relevant policies and procedures and whether they have been placed in operation, and we assessed control risk. Our consideration of the internal control structure would riot necessarily disclose all :natters in the internal control structure that might be material weaknesses under standards established by the American Institute of Certified public Accountants. A material weak- ness is a reportable condition in which the design or operation of one or raore of the specific internal control structure elements does riot reduce to a relatively law level the risk that errors or ir- regularities in amounts that would be material in relation to the financial statements being audited may Occur and not be detected within a timely period by employees in the normal course of performing their assigned functions. We noted no matters involving the internal control structure and its operation that we consider to be material weaknesses as defined above. However, we noted certain matters involving the internal control structure and its operation that we have reported to the rnar►agernent of the Town of Mashpee, Massachusetts, in a separate letter dated glover- bey, 14, 1990. j I i This report is intended for the information of the audit com- mittee, management, and the U. S. Department of Education. This restrictior► is not intended to limit the distribution of this report, Which is a matter of public record. i ko,+ember 14, 1990 BLISS & MARZELLI CERTIFIED PUBLIC ACC13UNTANTS 5