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PRINOIi:::'ALS T~,~ ~, ~A 8'x'D_EPEN'DEh,W AUDITOR'S REPORT ON iNTERNAL CON~FROL STRUCTIrR.E Board of Trum~s and Participants Rmnmey F/re Fighters' Relief Associ~ion Rzmsey, Minnesota V We have auct/ted the financial sect/on included in the Volunteer Firefig_hters Relief Association Reporting Form DC of the Ramsey Fire Fighters' Relief A.~ociaZion ~s of and for the year ended December 3 !, 1992 and have issued our report thereon d_~ted March 18, 1993. We conduced our audit 'in accordance with generally zecepmd auditing smn~ds. Those snzndazds re,ire that we plan and perform the audit to ob ,rain reasonable z~surance zbout whether the ~m~cial section included in the Volum~r Firefig. hters Relief Association Reporting Form DC is free of m~refiz] misstatement. In planning and performing our audit of the fmanciaI section included in the ¥otunt~r Firefighters Relief Association Reporting Form DC of the R~m.qey Fire Pighte~' Relief Association for the yem- ended December 3!, 19~, we considered its internal control stmczare in order to demrmine our auditing procedures for the purpose of expressing om- opinion on the 5mnci. zl $~zrion included in the Volum~r PireiSghrer$ Relief Associ~fior~ Reporting Form DC and nor to provide assur~ce on the inte.mzl control srmcrm-e. However, we noted cerr~n marmrs involving the internal control sn'ucmre and its operzrion tbxt we considered to be reportable ¢ondifion~ ,under s-mndards established by the American Insfi~e of Certified Public Accounranra. Reportable conditions havolve rn~rmrs coming ~o our arteruSon relafmg ro sifnificam deficiencies in the design or ope,-adon of t_he internal conn-ol srruCnn'e that, in om- judgmem, could adversely aff~t the Associazion's abiliry m record, proc~s, mmamarize, and report fmancbl data consistent with the assertions of rnamgemem in the fmzncizl section included m the Volunteer Firefighters Relief Association Reporting Form DC. Bemuse of the l~mked size of yom- office staff, your org-an/z~on h~s !h'nqted segr~afion of dudes. A good system of imemnl acco~mrlng conl:rol contemp, tm~ an adequm~ e segregation of d~e~ so th~ no one individual tm. mdles a transaction from ineepfionto completion. Wtnqe we recognize r2~ your organization is not large enou23a to permk ma ad.equate se~eg~mJon of duties in ail respects, k is knporm.m f~at you be aware of this condition. " Trds report is intended for the information of the Bom'd of Tras~ees of the Ram~ey Fire Fighters' Relief Association a_nd the Stare of M'mnesota. However, this repor: is a zrmrter of publ/e record and its dism~bution is not I.knited. ,/