1992-1998-FISCAL AUDITS - Laserfiche WebLink

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I During the year ended June 30, 1995, the Town of Mashpee expended 62.3% of its total federal financial assistance under a major program and the following nonmajor federal financial assistance program: Chapter We performed tests of controls, as required by OMB Circular A-128, to evaluate the effectiveness of the design and operation of internal control structure policies and procedures that we have considered relevant to preventing or detecting mate- rial noncompliance with specific requirements, general requirements and require- ments governing claims for advances and reimbursements and amounts claimed or used for matching that are applicable to the Town's major federal financial assistance program, which is identified in the accompanying Schedule of Federal Financial Assistance, and the aforementioned nonmajor program. Our procedures were less in scope than would be necessary to render an opinion on these internal control structure policies and procedures. Accordingly, we do not express such an opinion. Our consideration of the internal control structure would not necessarily disclose all matters in the internal control structure that might be material weaknesses under standards established by the American Institute of Certified Public Accountants. A material weakness is a reportable condition in which the design or operation of the specific internal control structure elements does not reduce, to a relatively low level, the risk that errors or irregularities in amounts that would be material in rela- tion to the general purpose 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 struc- ture and its operation that we consider to be material weaknesses as defined above. We noted other matters involving the internal control structure and its operation that we have reported to the management of the Town of Mashpee, Massachusetts in a separate letter dated January 19, 1996. This report is intended for the information of the Town's management and all applic- able state and federal agencies and should not be used for any other purpose. This restriction is not intended to limit the distribution of this report which, upon accept- ance by the Town of Mashpee, Massachusetts, is a matter of public record. Greenfield, Massachusetts January 19, 1996 26