Annual report of the Town of Hampton, New Hampshire

;
Town of Hampton
Single Audit Combined Report on Internal Control Structure
We noted certain matters involving the internal control structure and its
operation that we consider to be reportable conditions under standards
established by the American Institute of Certified Public Accountants.
Reportable conditions involve matters coming to our attention relating to
significant deficiencies in the design or operation of the internal control
structure that, in our judgment, could adversely affect the Town's ability to
record, process, summarize, and report financial data consistent with the
assertions of management in the general purpose financial statements or to
administer Federal financial assistance programs in accordance with applicabl
laws and regulations.
We noted that the Town lacks accounting personnel with the expertise and time
requirements to report financial data in accordance with generally accepted
accounting principles. We have reported this matter in greater detail in a
separate letter to the Town's management dated January 31, 1992.
A material weakness is a reportable condition in which the design or operatio
of one or more of the internal control structure elements does not reduce to
relatively low level the risk that errors or irregularities in amounts that
would be material in relation to the general purpose financial statements
being audited, or that noncompliance with laws and regulations that would be
material to a Federal financial assistance program may occur and not be
detected within a timely period by employees in the normal course of
performing their assigned functions.
Our consideration of the internal control structure would not necessarily
disclose all matters in the internal control structure that might be
reportable conditions and, accordingly, would not necessarily disclose all
reportable conditions that are also considered to be material weaknesses as
defined above. We noted no matters involving the internal control structure i
and its operation that we consider to be material weaknesses defined above.
We also noted other matters involving the internal control structure and its
operation that we reported to the management of the Town in a separate letter
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dated January 31, 1992.
This report is intended for the information of management and the Board of
Selectmen. This restriction is not intended to limit the distribution of this
report, which is a matter of public record.
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January 31, 1992 pL0DZIK & SANDERSON
Professional Association
166
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