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02 NETCADA Request
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02 NETCADA Request
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Last modified
11/8/2005 11:22:14 AM
Creation date
9/5/2003 3:54:50 PM
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Template:
AGENDA
Item Number
2
AGENDA - Type
PERSONAL APPEARANCE
Description
Request for donation of funds
AGENDA - Date
9/8/2003
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Tnt~mM C~n~trnl C)vP~' (~nmpliRnne <br />The management of NETCADA is responsible for establishing and maintaining effective internal <br />control over compliance with requirements of laws, regulations, contracts and grants applicable <br />to federal programs. In planning and performing our audit, we considered NETCADA's internal <br />control over compliance with requirements that could have a direct and material effect on a major <br />federal program in order to determine our auditing procedures for the purpose of expressing our <br />opinion on compliance and to test and report on internal control over compliance in accordance <br />with OMB Circular A-133. <br /> <br />Our consideration of the internal control over compliance would not necessarily disclose all <br />matters in the internal control that might be material weaknesses. A material weakness is a <br />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 noncompliance with applicable <br />requirements of laws, regulation, contracts and grants that would be material in relation to a <br />major federal program being audited may occur and not be detected within a timely period by <br />employees in the normal course ofperforrning their assigned functions. We noted no matters <br />involving the internal control over compliance and its operation that we consider to be reportable <br />conditions. <br /> <br />This report is intended solely for the information of the Board of Directors, management and <br />federal awarding agencies and pass-through entities and is not intended to be and should not be <br />used by anyone other than theses specified parties. However, this report is a matter of public <br />record and its distribution is not limited. <br /> <br />Paris, Texas Certitbed Public Accountants "' <br />June 5, 2003 <br /> <br /> 23 <br /> <br /> <br />
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