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• <br /> o • 'ABDO <br /> JC <br /> F'i. 1 <br /> MEYERS LLP <br /> CertifiedPublic Accountants& Consultants October 30,2002 <br /> Grandview Square <br /> 5201 Eden Avenue <br /> Suite 370 <br /> Edina,MN 55436 <br /> To the Board of Directors <br /> Sherburne/Wright Counties Cable Communication Commission <br /> Minneapolis,Minnesota <br /> We have audited the financial statements of the Sherburne/Wright Counties Cable Communication Commission(the Commission) <br /> for the year ended December 31,2001 and have issued our report thereon dated October 30,2002. Professional standards require <br /> that we provide you with the following information related to our audit. <br /> Our Responsibility under Auditing Standards Generally Accepted in the United States of America and Government <br /> Auditing Standards <br /> As stated in our engagement letter,our responsibility, as described by professional standards,is to plan and perform our audit to <br /> obtain reasonable,but not absolute,assurance about whether the financial statements are free of material misstatement and are <br /> fairly presented in accordance with accounting principles generally accepted in the United States of America. Because an audit is <br /> designed to provide reasonable,but not absolute,assurance and because we did not perform a detailed examination of all <br /> transactions,there is a risk that material errors,fraud or illegal acts may exist and not be detected by us. <br /> In planning and performing our audit of the fmancial statements of the Commission for the year ended December 31,2001,we <br /> considered its internal control in order to determine our auditing procedures for the purpose of expressing our opinion on the <br /> financial statements and not to provide assurance on the internal control.However,we noted certain matters involving the internal <br /> control and its operation that we consider to be reportable conditions under standards established by the American Institute of <br /> Certified Public Accountants.Reportable conditions involve matters coming to our attention relating to significant deficiencies in <br /> the design or operation of internal control that, in our judgment,could adversely affect the Commission's ability to record, <br /> process,summarize,and report financial data consistent with the assertions of management in the financial statements. We noted <br /> one reportable condition: <br /> Segregation of Duties <br /> Our study and evaluation disclosed that because of the limited size of your office staff,the Commission has limited <br /> segregation of duties. Good internal control contemplates an adequate segregation of duties so that no one individual handles <br /> a transaction from inception to completion. While we recognize that the Commission is not large enough to permit an <br /> adequate segregation of duties in all respects,it is important,however,that you be aware of this condition. <br /> A material weakness is a reportable condition in which the design or operation of one or more of the internal control components <br /> does not reduce to a relatively low level the risk that errors or fraud in amounts that would be material in relation to the fmancial <br /> statements being audited may occur and not be detected within a timely period by employees in the normal course of performing <br /> their aecianerl fiinrtinne <br /> 952.835.9090 Fax 952 835.3261 <br /> www.aemcpas.com <br />