tailieunhanh - STATE OF ILLINOIS REGIONAL OFFICE OF EDUCATION #40 FINANCIAL AUDIT_part2

Sự thiếu hụt trong kiểm soát nội bộ tồn tại khi thiết kế hoặc hoạt động của một điều khiển không cho phép quản lý hoặc nhân viên, trong quá trình bình thường thực hiện các chức năng được giao, để ngăn chặn hoặc phát hiện và sửa chữa các sai sót trọng yếu trên cơ sở kịp thời. | A deficiency in internal control exists when the design or operation of a control does not allow management or employees in the normal course of performing their assigned functions to prevent or detect and correct misstatements on a timely basis. A material weakness is a deficiency or combination of deficiencies in internal control such that there is a reasonable possibility that a material misstatement of the entity s financial statements will not be prevented or detected and corrected on a timely basis. We consider the deficiencies described in findings 09-01 and 09-02 in the accompanying Schedule of Findings to be material weaknesses. Compliance and Other Matters As part of obtaining reasonable assurance about whether the Calhoun Greene Jersey and Macoupin Counties Regional Office of Education 40 s financial statements are free of material misstatement we performed tests of its compliance with certain provisions of laws regulations contracts and grant agreements noncompliance with which could have a direct and material effect on the determination of financial statement amounts. However providing an opinion on compliance with those provisions was not an objective of our audit and accordingly we do not express such an opinion. The results of our tests disclosed no instances of noncompliance or other matters that are required to be reported under Government Auditing Standards. We also noted certain matters which we have reported to management of the Calhoun Greene Jersey and Macoupin Counties Regional Office of Education 40 in a separate letter dated May 5 2010. Calhoun Greene Jersey and Macoupin Counties Regional Office of Education 40 s responses to the findings identified in our audit are described in the accompanying Schedule of Findings. We did not audit Calhoun Greene Jersey and Macoupin Counties Regional Office of Education 40 s responses and accordingly we express no opinion on them. This report is intended solely for the information and use of the Auditor