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• <br /> MELANSON HEATH & COMPANY, PC <br /> CERTIFIED PUBLIC ACCOUNTANTS <br /> MANAGEMENT ADVISORS <br /> i i Trafalgar Square <br /> To the Board of Selectmen Nashua, NH 03o63-1974Tel (603)882.1111 • Fax (6o3) 882-9456 <br /> Town of Mashpee, Massachusetts <br /> We have audited the financial statements of the Town of Mashpee, Massachusetts <br /> as of and for the year ended June 30, 1998 and have issued our report thereon <br /> dated October 7, 1998. As part of our audit, we made a study and evaluation of the <br /> Town's system of internal accounting control to the extent we considered necessary <br /> to evaluate the system as required by generally accepted auditing standards. <br /> Under these standards, the purpose of such evaluations are to establish a basis <br /> for reliance on the system of internal accounting control in determining the nature, <br /> timing and extent of other auditing procedures that are necessary for expressing an <br /> opinion on the financial statements. <br /> The management of the Town of Mashpee, Massachusetts is responsible for <br /> establishing and maintaining a system of internal accounting control. In fulfilling <br /> this responsibility, estimates and judgments by them are required to assess the <br /> expected benefits and related costs of control procedures. The objectives of <br /> such a system are to provide reasonable, but not absolute, assurance that assets <br /> are safeguarded against loss from unauthorized use or disposition, and that <br /> transactions are executed in accordance with required authorization and recorded <br /> properly to permit the preparation of financial statements in accordance with <br /> generally accepted accounting principles. <br /> Because of inherent limitations in any system of internal accounting control, errors <br /> or irregularities may still occur without being detected. Also, projection of any <br /> Additional offices: <br /> Greenfield,MA•Ellsworth,ME <br />