unoerprovisionsofstatelaw,thfs reportisapublicdocument.a copyofthereporthasbensubmittedtotheaudited,oreviewed,

Transkript

1 -~-~;E~-o-u7 OFICIAL FILECOPY (XeOXnoc~,m~ Copieshornthis copyandplace B~K~FILE) WEBSTERPARISHSCHOLBOARD ANUALFINANCIALREPORT SCHOLACTIVITYFUNDS JUNE30,195 unoerprovisionsofstatelaw,thfs reportisapublicdocument.a copyofthereporthasbensubmittedtotheaudited,oreviewed, entityandotherapropriatepubtic oficials.thereportisavailablefor publicinspectionathebaton RougeoficeotheLegislativeAuditorand,whereapropriate,athe oficeoftheparishclerkofcourt. ~.leasedate

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3 MICHAELW.WISE,CPA CARLOSE.MARTIN,CPA DAVIDW.TINSLEY,CPA JAMIESON,WISE&MARTIN APROFESIONALACOUNTINGCORPORATION 601MAINSTRETP.O.BOX897 MINDEN,LOUISIANA (318) FAX(378) WebsterParishScholBoard Minden,Louisiana April24,196 wm.pearcejamieson,cpa(191 MEMBERS AMERICANINSTITUTEOF CERTIFIEDPUBLICACOUNTANTS SOCIETYOFLOUISIANA CERTIFIEDPUBLICACOUNTANTS Wehaveauditedthestatementsofcashreceiptsandisbursementsofthe scholactivityagencyfunds,asnotedbelow,ofthewebsterparishschol BoardfortheyearendedJune30,195,andhaveisuedoureportsthereon datedapril24,196.thescholactivityagencyfundsincludedinour engagementwereasfolows: BrownMidleSchol UnionElementarySchol CentralJuniorHighSchol DoylineHighSchol JonesElementarySchol MindenHighSchol Inconectionwithouraudit,wemadecertainobservationsrelativetothe recordsmaintained,theacountingproceduresinefect,andtheoveral administrationofthefinancialafairsofthescholactivityagencyfundsof thewebsterparishscholboard.thoseobservationswhichwereconsidered materialtothestatementsofcashreceiptsandisbursementsarecontainedin theinternalcontrolandcompliancereportsdatedapril24,196,whichare boundwiththeanualfinancialreportsfortheyearendedjune30,195.as asuplementotheitemsmentionedabove,whicharereportedelsewhereinthe financialstatements,wesubmitforyourconsiderationourcomentspertaining tothefolowingobservationswhichdidnotmethecriteriaofbeing materialtothefinancialstatements. Filin~ofAuditReDortsLaterthanSixMonthsafterCloseofFiscalYear LouisianaRevisedStatute24:513requiresthatauditshalbecompleted withinsixmonthsofthecloseoftheaudite'sfiscalyear.theacompanying auditreportswerenotcompleteduntilafterthedecember31,195deadline. However,suchlatefilingofthereportswasbeyondthecontrolofSchol management,thescholboard,andtheauditor,asexplainedinthefolowing paragraph. TheLouisianaLegislativeAuditormustaprovealengagementsforauditsof governmentalentitiesbeforeanyauditprocedurescanbegin.thewebster ParishScholBoardengagedinampletimebeforethefiscalyear-endtohave theauditsperformedandcompletedpriortothedecember31,195deadline.

4 WebsterParishScholBoard Minden,Louisiana Page2 However,duetodiscusionsandcorespondencewiththeLegislativeAuditor's Oficeastothepurposeandscopeofthescholactivityagencyfundaudits, thengagementoperformtheauditswasnotaprovedbythelegislative AuditoruntilJanuary12,196.Therefore,theauditworkcouldnotevenbe initiateduntilafterthedecember31,195deadline,andthusitwasimposibleofcoursetocompletetheauditsbeforethatdate. PriorAuditFindings Ourcurentyearauditrevealedthathe audithavebensatisfactorilyresolved,recomendationsintheprioryear LouisianaRevisedStatute17:414.3 exceptforthefolowing: provisionsofrevisedstatute17:414.3 orimplemented,andwehavelisted i.depositsaretobemadetoasinglebankacount 2.Nomonieshalbedrawnonthescholfundacountwithoutarequest forwithdrawalofundsandunlestherequestforwithdrawalof fundscariestwosignatures,oneofwhichshalalwaysbethe 3.Bankstatementshalbesignedbytheprincipal,oncereconciledwiththerecords principal'sandtheotherasprovidedforindetailinthestatute. Insomeinstances,canceledchecksarenotsuportedbyinvoices.Inother ṘetentionofInvoices instances,amountsareremitedonstatementsofacount,butitdoesnot apearthathei~voicesuportingthosestatementsareproperlymatchedto thestatements,givingrisetotheposibilitythatinvoicesmaybepaidmore thanonce. Wewouldliketoexpresourapreciationforthecoperationandasistance extendedtousduringouraudit.shouldyouhaveanyquestionsconcerningthe contentsofthisleterorifwecanbeofanyaditionalservice,please contactusatyourconvenience. Verytrulyours April24,196

5

6 MICHAELW.WISE,CPA CARLOSE.MARTIN,CPA DAVIDW.TINSLHY,CPA APROFESIONALACOUNTINGCORPORATION JAMIESON,WISE&MARTIN 601MAINSTRETP.O,BOX897 MINDEN,LOUISIANA (318) FAX(3IR) WM.PEARCEJAMIESON.CPA(191 A~RICANINSTITUTEOF ME~BERS INDEPENDENTAUDITORS'REPORT CERTIFIEDPUBLICACOUNTANTS SOCIETYOFLOUISIANA WebsterParishScholBoard Minden.Louisiana Wehaveauditedtheacompanyingstatementsofcashreceiptsandisbursements ofthegeneralfundandthestudentactivityfundofbrownmidleschol,a componentunitofthewebsterparishscholboard,fortheyearendedjune30, 195.ThesefinancialstatementsaretheresponsibilityofBrownMidle Scholmanagement.Ouresponsibilityistoexpresanopiniononthese financialstatementsbasedonouraudit. Exceptasdiscusedinthefolowingparagraph,weconductedourauditin acordancewithgeneralyaceptedauditingstandardsand StandardsisuedbytheComptrolerGeneraloftheUnitedGovernmentAuditing standardsrequirethatweplanandperformtheauditobtainreasonable asuranceaboutwhetherthestatementsofcashreceiptsandisbursementsare States.Those freofmaterialmistatement.anauditincludesexamining,onatestbasis, evidencesuportingtheamountsandisclosuresinthestatementsofcash receiptsandisbursements.anauditalsoincludesasesingtheacounting principlesusedandsignificantestimatesmadebymanagemențaswelas evaluatingtheoveralstatementsofcashreceiptsandisbursements presentation,l#ebelievethatourauditprovidesareasonablebasisforour opinion. AsdiscusedinNoteI,BrownMidleScholpreparesitsfinancialstatements onaprescribedbasisofacountingthatdemonstratescompliancewiththecash receiptsandisbursementspoliciesetforthbythewebsterparishschol Board,whichisacomprehensivebasisofacountingotherthangeneraly aceptedacountingprinciples.

7 Inouropinion,exceptforthefectsofsuchadjustments,ifany,asmight havebendeterminedtobenecesaryhadwebenabletosatisfyourselvesas tothecompletenesofdepositsandtheacuracyofclasificationofrecorded receipts,thefinancialstatementsreferedtoabovepresentfairly,inal materialrespects,thecashreceiptsandisbursementsofthegeneralfundand thestudentactivityfundofbrownmidlescholfortheyearendedjune30, 195,onthebasisofacountingdescribedinNoteị InacordancewithGovernmentAuditingStandardswehave datedapril24,196onourconsiderationofbrownmidle controlstructureandareportdatedapril24,196onits alsoisuedareport andregulations compliancewithlaws Schol'sinternal İ Minden,Louisiana April24,196

8 MICHAELW.WISE,CPA CARLOSE.fg~RTIN,CPA DAVIDW.TINSLEY.CPA JAMIESON,WISE&MARTIN APROFESIONALACOUNTINGCORPORATION 601MAINSTRETP.O.BOX897 MINDEN,LOUISIANA (318) FAX(318) WM.PEARCEJAMIESON,CPA(19] MEMBERS AMERICANINSTITUTEOF CERTIFIEDPUBLICACOUNTANTS SOCIETYOFLOUISIANA CERTIFIEDPUBLICACOUNTANTS INDEPENDENTAUDITORS'REPORTONINTERNALCONTROL STRUCTUREBASEDONANAUDITOFINANCIALSTATEMENTS PERFORMEDINACORDANCEWITHGOVERNMENTAUDITINGSTANDARDS WebsterParishScholBoard Minden.Louisiana WehaveauditedthestatementsofcashreceiptsandisbursementsofBrown MidleScholfortheyearendedJune30,195,andhaveisuedoureport thereondatedapril24,196.inoureport,ouropinionwasqualified because,duetothenatureoftheschol'srecords,wewereunableto satisfyourselvesastothecompletenesofdepositsandtheacuracyof clasificationoftherecordedreceipts. Exceptasdiscusedinthefolowingparagraph,wehaveconductedouraudit inacordancewithgeneralyaceptedauditingstandardsandgovernment AuditingStandardsisuedbytheComptrolerGeneraloftheUnitedStates. Thosestandardsrequirethatweplanandperformtheauditobtain reasonableasuranceaboutwhetherthestatementsofcashreceiptsand disbursementsarefreofmaterialmistatement. Duringthecourseofouraudit,wetracedrecordedcashreceiptstoactual bankdeposits.however,duetothenatureoftheschol'srecords,wewere unabletosatisfyourselvesastothecompletenesofdepositsandthe acuracyofclasificationoftherecordedreceiptsbymeansofother auditingprocedures. ThemanagementofBrownMidleScholisresponsibleforestablishingand maintaininganinternalcontrolstructure.infulfilingthisresponsibility,estimatesandjudgmentsbymanagementarerequiredtoasesthe expectedbenefitsandrelatedcostsofinternalcontrolstructurepolicies andprocedures.theobjectivesofaninternalcontrolstructureareto providemanagementwithreasonable,butnotabsolute,asurancethatasets aresafeguardedagainstlosfromunauthorizeduseordisposition,andthat transactionsarexecutedinacordancewithmanagement'sauthorizationand recordedproperlytopermithepreparationofinancialstatementsin acordancewithpoliciesetforthbythewebsterparishscholboard. Becauseofinherentlimitationsinanyinternalcontrolstructure,erors oriregularitiesmayneverthelesocurandnotbedetected.also, projectionofanyevaluationofthestructuretofutureperiodsisubject totheriskthatproceduresmaybecomeinadequatebecauseofchangesin

9 conditionsorthathefectivenesofthedesignandoperationof policiesandproceduresmaydeteriorate. Inplaningandperformingourauditofthestatementsofcashreceiptsand disbursementsofbrownmidlescholfortheyearendedjune30,195,we obtainedanunderstandingoftheinternalcontrolstructure.withrespect totheinternalcontrolstructure,weobtainedanunderstandingofthe designoftherelevantpoliciesandproceduresandwhethertheyhaveben placedinoperation,andweasesedcontrolriskinordertodetermineour auditingproceduresforthepurposeofexpresingouropiniononthe ontheinternalcontrolstructure.acordingly,wedohotexpresuchan opinion. statementsofcashreceiptsandisbursementsandnotoprovideanopinion Wenotedcertainmatersinvolvingtheinternalcontrolstructureandits operationthatweconsidertobereportableconditionsunderstandards establishedbytheamericaninstituteofcertifiedpublicacountants. Reportableconditionsinvolvematerscomingtouratentionrelatingto significantdeficienciesinthedesignoroperationoftheinternalcontrol withtheasertionsofmanagementinthestatementsofcashreceiptsand structurethat,inourjudgement,couldadverselyafecthentity's disbursements. abilitytorecord,proces,sumarize,andreportfinancialdataconsistent WenotedthatheScholcolectsmaterialrevenuesincash,andthathe recorded.suchcontrolsastheuseofpren,~beredreceiptboksandualcontrolofcashsaleshavenotbenimplemented,andsuchlackofcontrol acountabilityofthatcashisnotestablisheduntiltheserevenuesare wouldnotberecorded. overcashreceiptscouldresultintheposibilitythatalcashreceipts Amaterialweaknesisareportableconditioninwhichthedesignor operationofoneormoreinternalcontrolstructurelementsdoesnot reducetoarelativelylowleveltheriskthaterorsoriregularitiesin withinatimelyperiodbyemployesinthenormalcourseofperforming amountsthatwouldbematerialinrelationtothestatementsofcash receiptsandisbursementsbeingauditedmayocurandnotbedetected Ourconsiderationoftheinternalcontrolstructurewouldnotnecesarily theirasignedfunctions. disclosealmatersintheinternalcontrolstructurethatmightbe reportableconditionsand,acordingly,wouldnotnecesarilydiscloseal reportableconditionsthatarealsoconsideredtobematerialweaknesesas materialweaknesesasdefinedabove.theseconditionswereconsideredin definedabove.however,wenotedthefolowingmatersinvolvingthe internalcontrolstructureanditsoperationthatweconsidertobe performedinourauditofthestatementsofcashreceiptsandisbursements determiningthenature,timing,andextentoftheprocedurestobe Webelievethathelackofcontrol ofbrownmidleschol,fortheyearendedjune30,195. Wealsonotedothermatersinvolvingtheinternalcontrolstructureand amaterialweaknesintheinternalovercashreceiptsreferedtoaboveis controlstructureoftheschol.

10 itsoperationthatwehavereportedtothemanagementofbrownmidle ScholinaseparateleterdatedApril24,196. ThisreportisintendedfortheinformationoftheScholBoard,management,andtheLegislativeAuditoroftheStateofLouisiana.However,this reportisamaterofpublicrecord,anditsdistributionisnotlimited. Minden,Louisiana April24,196

11 MICHAELW.WISE,CPA CARLOSE.F~%RTIN,CPA DAVIDW.TINSLEY.CPA JAMIESON,WISE&MARTIN APROFESIONALACOUNTINGCORPORATION 601MAINSTRETP.O.BOX897 MINDEN,LOUISIANA (31g) FAX(31g) W~.PEARCEJAMIESON.CPA(191) MEMBERS AMERICANINSTITUTEOF CERTIFIEDPUBLICACOUNTANTS SOCIETYOFLOUISIANA CERTIFIEDPUBLICACOUNTANTS INDEPENDENTAUDITORS'REPORTONCOMPLIANCEBASED ONANAUDITOFINANCIALSTATEMENTSPERFORMEDIN ACORDANCEWITHGOVERNMENTAUDITINGSTANDARDS WebsterParishScholBoard Minden.Louisiana WehaveauditedthestatementsofcashreceiptsandisbursementsofBrown MidleScholfortheyearendedJune30,195,andhaveisuedoureport thereondatedapril24,196.inoureport,ouropinionwasqualified because,duetothenatureofthescholsrecords,wewereunableto satisfyourselvesastothecompletenesofdepositsandtheacuracyof clasificationoftherecordedreceipts. Exceptasdiscusedinthe acordancewithgeneraly Auditin~Standardsisued folowingparagraph,weconductedourauditin aceptedauditingstandardsandcovermnt bythecomptrolergeneraloftheunitedstates Thosestandardsrequirethatweplanandperformtheauditobtain reasonableasuranceaboutwhetherthestatementsofcashreceiptsand disbursementsarefreofmaterialmistatement. Duringthecourseofouraudit,wetracedrecordedcashreceiptstoactual bankdeposits.however,duetothenatureoftheschol'srecords,wewere unabletosatisfyourselvesastothecompletenesofdepositsandthe acuracyofclasificationoftherecordedreceiptsbymeansofother auditingprocedures. Compliancewithlaws,regulations,contracts,andgrantsaplicableto BrownMidleScholistheresponsibilityofBrownMidleScholmanagement.Aspartofobtainingreasonableasuranceaboutwhetherthestatementsofcashreceiptsandisbursementsarefreofmaterialmistatement weperformedtestsoftheschol'scompliancewithcertainprovisionsof laws,regulations,contracts,andgrants.however,theobjectiveofour auditofthestatementsofcashreceiptsandisbursementswasnoto provideanopiniononoveralcompliancewithsuchprovisions. Acordingly,wedonotexpresuchanopinion. Theresultsofourtests requiredtobereported disclosednoinstancesofnoncompliancethatare undergovernmentauditin~standards.

12 thatwehave separateleter ThisreportisintendedfortheinformationoftheScholBoard,management,andtheLegislativeAuditoroftheStateofLouisiana.However,this reportisamaterofpublicrecordanditsdistributionisnotlimited. ~ Minden,Louisiana April24,196 10

13 STATEMENTOFCASHRECEIPTSANDISBURSEMENTS BROWNMIDLESCHOL FortheYearEndedJune GENERALFUND Cashreceipts Concesions Reimbursements Alother $I Cashdisbursements Totalcashreceipts $10,237.2 Concesions Instructionalmaterialsandsuplies Repairsandmaintenance 5,410.6 Telephoneandutilities Printing,oficesupliesandpostage Yearbok Library 3, , SpecialProjects Alother Totalcashdisbursements 79.1 Cashbalance,JulyI,194 Deficiencyofcashreceiptsovercashdisbursements i0, (6.84) Cashbalance.June CashbalanceasofJune30,195,isacountedfor Regularchecking,SpringhilBankandTrust asfolows: Theacompanyingnotesareanintegralpartofthisfinancialstatement i

14 BROWNMIDLESCHOL STUDENTACTIVITYFUND STATEMENTOFCASHRECEIPTSANDISBURSEMENTS FortheYearEndedJune30,195 Cashreceipts Studentmembership Reimbursements BetaClub Fieldtripfes Specialprojects Specialshows Pictures Alother Totalcashreceipts Cashdisbursements Concesions Oficesuplies Repairsandmaintenance Telephoneandutilities Instructionalsupliesandmaterial Library Specialshows Fieldtrips Specialproject Aceleratedreaders Bokfair BetaClub Reimbursements Yearboks Alother Totalcashdisbursements $3, , , , , , Deficiencyofcashreceiptsovercashdisbursements Cashbalance,JulyI,194 Cashbalance.June CashbalanceasofJune30,195,is acountedforasfolows: Regularchecking,CitizensBankandTrust $18, , (484.3) Theacompanyingnotesareanintegralpartofthisfinancialstatement 12

15 BROWNMIDLESCHOL NOTESTOSTATEMENTSOFCASHRECEIPTSANDISBURSEMENTS JUNE30,195 Notei-AcountingPolicies TheBrownMidleScholfinancialstatementspresentc~shreceiptsandcash disbursementsinacordancewiththepoliciesetforthbythewebster ParishScholBoard.Receiptsarerecordedwhencashisreceivedand disbursementsarerecordedwhenpaymentsaremade.thestatementsofcash receiptsandisbursementsaresumariesofthecashactivityofbrown MidleScholandonotpresentransactionsthatwouldbeincludedin financialstatementsofbrownmidlescholpresentedontheacrualbasis ofacounting,ascontemplatedbygeneralyaceptedacountingprinciples. Inpreparingastatementofcashreceiptsandisbursements,cashisthe onlyasetrecognizedandexpendituresforequipmentareconsideredtobe curentyearexpensesratherthancapitalasets. Note2-AcountsPayable NoutstandingdebtsasofJune30,195,wereconfirmedbyoutside vendors. 13

16

17 MICHAELW.WISE,CPA CARLOSE.M~TIN,CPA DAVIDW.TINSLEY.CPA APROFESIONALACOUNTINGCORPORATION JAMIESON,WISE&MARTIN 601MAINSTRETP.O.BOX897 MINDEN,LOUISIANA (318)37%3171FAX(318) WM.PEARCEJAMIESON,CPA(191 AMERICANINSTITUTEOF SOCIETYOFLOUISIANA MEMBERS CERTIFIEDPUBLICACOUNTANTS WebsterParishScholBoard Minden,Louisiana Wehaveauditedtheacompanyingstatementsofcashreceiptsandisbursements ofthegeneralfundandtheyearbokfundofunionelementaryschol,a componentunitofthewebsterparishscholboard,fortheyearendedjune30, ]95.ThesefinancialstatementsaretheresponsibilityofUnionElementary Scholmanagement.Ouresponsibilityistoexpresanopiniononthese financialstatementsbasedonouraudit. Exceptasdiscusedinthefolowingparagraph,weconductedourauditin acordancewithgeneralyaceptedauditingstandardsandgovernmentauditing StandardsisuedbytheComptrolerGeneraloftheUnitedStates.Those standardsrequirethatweplanandperformtheauditobtainreasonable asuranceaboutwhetherthestatementsofcashreceiptsandisbursementsare freofmaterialmistatement.anauditincludesexamining,onatestbasis, evidencesuportingtheamountsandisclosuresinthestatementsofcash receiptsandisbursements.anauditalsoincludesasesingtheacounting principlesusedandsignificantestimatesmadebymanagement,aswelas evaluatingtheoveralstatementsofcashreceiptsandisbursements presentation.webelievethatourauditprovidesareasonablebasisforour opinion. Duringthecourseofouraudit,wetracedrecordedcashreceiptstoactual bankdeposits.however,duetothenatureoftheschol'srecords,wewere unabletosatisfyourselvesastothecompletenesofdepositsandthe acuracyofclasificationoftherecordedreceiptsbymeansofotherauditing procedures. AsdiscusedinNotei,UnionElementaryScholpreparesitsfinancial statementsonaprescribedbasisofacountingthatdemonstratescompliance withthecashreceiptsandisbursementspoliciesetforthbythewebster ParishScholBoard,whichisacomprehensivebasisofacountingotherthan generalyaceptedacountingprinciples. 15

18 Inouropinion,exceptforthefectsofsuchadjustments,ifany,asmight havebendeterminedtobenecesaryhadwebenabletosatisfyourselvesas receipts,thefinancialstatementsreferedtoabovepresentfairly,inal materialrespects,thecashreceiptsandisbursementsofthegeneralfundand tothecompletenesofdepositsandtheacuracyofclasificationofrecorded theyearbokfundofunionelementaryschol,fortheyearendedjune30, 195,onthebasisofacountingdescribedinNotei. InacordancewithGovernmentAuditingStandards,wehavealsoisuedareport datedapril24,196onourconsiderationofunionelementaryschol's internalcontrolstructureandareportdatedapril24,196onitscompliance withlawsandregulations. Minden,Louisiana April24,196 16

19 APROFESIONALACOUNTINGCORPORATION JAMIESON,WISE&MARTIN 601MAINSTRETP.O.BOX897 MINDEN,LOUISIANA MICHAELW.WISE,CPA (318) FAX(318) CAJ~LCSE.I~TIN,CPA DAVIDW.TINSLEY.CPA WM.PEARCEJAMIESON.CPA(191 AMERICANINSTITUTEOF SOCIETYOFLOUISIANA MEMBERS INDEPENDENTAUDITORS'REPORTONINTERNALCONTROL CERTIFIEDPUBLICACOUNTANTS PERFORMEDINACORDANCEWITHGOVERNMEN.TAUDITINGSTANDARDS STRUCTUREBASEDONANAUDITOFINANCIALSTATEMENTS WebsterParishScholBoard Minden.Louisiana WehaveauditedthestatementsofcashreceiptsandisbursementsofUnion ElementaryScholfortheyearendedJune30,195,andhaveisuedour reporthereondatedapril24,196.inoureport,ouropinionwas 9ualifiedbecause,duetothenatureoftheSchol'srecords,wewere unabletosatisfyourselvesastothecompletenesofdepositsandthe acuracyofclasificationoftherecordedreceipts. Exceptasdiscusedinthefolowingparagraph,wehaveconductedouraudit inacordancewithgeneralyaceptedauditingstandardsandgovernment AuditingStandardsisuedbytheComptrolerGeneraloftheUnitedStates. Thosestandardsrequirethatweplanandperformtheauditobtain reasonableasuranceaboutwhetherthestatementsofcashreceiptsand disbursementsarefreofmaterialmistatement. Duringthecourseofouraudit,wetracedrecordedcashreceiptstoactual bankdeposits.however,duetothenatureoftheschol'srecordșwewere unabletosatisfyourselvesastothecompletenesofdepositsandthe acuracyofclasificationoftherecordedreceiptsbymeansofother auditingprocedures. ThemanagementofUnionElementaryScholisresponsibleforestablishing andmaintaininganinternalcontrolstructure.infulfilingthisresponsibility,estimatesandjudgmentsbymanagementarerequiredtoasesthe expectedbenefitsandrelatedcostsofinternalcontrolstructurepolicies andprocedures.theobjectivesofaninternalcontrolstructureareto providemanagementwithreasonable,butnotabsolute,asurancethatasets aresafeguardedagainstlosfromunauthorizeduseordisposition,andthat transactionsarexecutedinacordancewithmanagement'sauthorizationand recordedproperlytopermithepreparationofinancialstatementsin acordancewithpoliciesetforthbythewebsterparishscholboard. Becauseofinherentlimitationsinanyinternalcontrolstructure,erors oriregularitiesmayneverthelesocurandnotbedetected.also,

20 projectionofanyevaluationofthestructuretofutureperiodsisubject totheriskthatproceduresmaybecomeinadequatebecauseofchangesin conditionsorthathefectivenesofthedesignandoperationof policiesandproceduresmaydeteriorate. Inplaningandperformingourauditofthestatementsofcashreceiptsand disbursementsofunionelementaryscholfortheyearendedjune30,195, weobtainedanunderstandingoftheinternalcontrolstructure.with respectotheinternalcontrolstructure,weobtainedanunderstandingof thedesignoftherelevantpoliciesandproceduresandwhethertheyhave benplacedinoperation,andweasesedcontrolriskinorderto determineourauditingproceduresforthepurposeofexpresingouropinion onthestatementsofcashreceiptsandisbursementsandnotoprovidean opinionontheinternalcontrolstructure.acordingly,wedonotexpres suchanopinion. Wenotedcertainmatersinvolvingtheinternalcontrolstructureandits operationthatweconsidertobereportableconditionsunderstandards establishedbytheamericaninstituteofcertifiedpublicacountants. Reportableconditionsinvolvematerscomingtouratentionrelatingto significantdeficienciesinthedesignoroperationoftheinternalcontrol structurethat,inourjudgement,couldadverselyafecthentity's abilitytorecord,proces,sumarize,andreportfinancialdataconsistent withtheasertionsofmanagementinthestatementsofcashreceiptsand disbursements. WenotedthatheScholcolectsmaterialrevenuesincash,andthathe acountabilityofthatcashisnotestablisheduntiltheserevenuesare recorded.suchcontrolsastheuseofprenumberedreceiptboksandualcontrolofcashsaleshavenotbenimplemented,andsuchlackofcontrol overcashreceiptscouldresultintheposibilitythatalcashreceipts wouldnotberecorded. Amaterialweaknesisareportableconditioninwhichthedesignor operationofoneormoreinternalcontrolstructurelementsdoesnot reducetoarelativelylowleveltheriskthaterorsoriregularitiesin amountsthatwouldbematerialinrelationtothestatementsofcash receiptsandisbursementsbeingauditedmayocurandnotbedetected withinatimelyperiodbyemployesinthenormalcourseofperforming theirasignedfunctions. Ourconsiderationoftheinternalcontrolstructurewouldnotnecesarily disclosealmatersintheinternalcontrolstructurethatmightbe reportableconditionsand,acordingly,wouldnotnecesarilydiscloseal reportableconditionsthatarealsoconsideredtobematerialweaknesesas definedabove.however,wenotedthefolowingmatersinvolvingthe internalcontrolstructureanditsoperationthatweconsidertobe materialweaknesesasdefinedabove.theseconditionswereconsideredin determiningthenature,timing,andextentoftheprocedurestobe performedinourauditofthestatementsofcashreceiptsandisbursements ofunionelementaryschol,fortheyearendedjune30,195. Webelievethathelackofcontrolevercashreceiptsreferedtoaboveis amaterialweaknesintheinternalcontrolstructureoftheschol. 18

21 Minden,Louisiana April24,196 19

22 APROFESIONALACOUNTINGCORPORATION JAMIESON,WISE&MARTIN 601MAINSTkETP.O.BOX897 MINDEN,LOUISIANA MICHAELW.W~SE,CPA ~J~37~J7JPAX~J~37~J7 CARLOSE.MARTIN,CPA DAVIDW.TIN~LEY.CPA ',*~.PEARCEJAMIESON,CPA(191 AMERICANINSTITUTEOF SOCIETYOFLOUISIANA MEMBERS INDEPENDENTAUDITORS'REPORTONCOMPLIANCEBASED ONANAUDITOFINANCIALSTATEMENTSPERFORMEDIN CERTIFIEDPUBLICACOUNTANTS ACORDANCEWITHGOVERNMENTAUDITINGSTANDARDS WebsterParishScholBoard Minden.Louisiana WehaveauditedthestatementsofcashreceiptsandisbursementsofUnion ElementaryScholfortheyearendedJune30,195,andhaveisuedour reporthereondatedapril24,196.inoureport,ouropinionwas qualifiedbecause,duetothenatureofthescholsrecords,wewereunable tosatisfyourselvesastothecompletenesofdepositsandtheacuracyof clasificationoftherecordedreceipts. Exceptasdiscusedinthefolowingparagraph,weconductedourauditin AuditingStandardsisuedbytheComptrolerGeneraloftheUnitedStates Thosestandardsrequirethatweplanandperformtheauditobtain reasonableasuranceaboutwhetherthestatementsofcashreceiptsand disbursementsarefreofmaterialmistatement. Duringthecourseofouraudit,wetracedrecordedcashreceiptstoactual bankdeposits.however,duetothenatureoftheschol'srecords,wewere unabletosatisfyourselvesastothecompletenesofdepositsandthe acuracyofclasificationoftherecordedreceiptsbymeansofother auditingprocedures. Compliancewithlaws,regulations,contracts,andgrantsaplicableto UnionElementaryScholistheresponsibilityofUnionElementarySchol management.aspartofobtainingreasonableasuranceaboutwhetherthe statementsofcashreceiptsandisbursementsarefreofmaterialmisstatement,weperformedtestsoftheschol'scompliancewithcertain provisionsoflaws,regulations,contracts,andgrants.however,the objectiveofourauditofthestatementsofcashreceiptsandisbursements wasnotoprovideanopiniononoveralcompliancewithsuehprovisions. Acordingly,wedonotexpresuchanopinion. Theresultsofourtestsdisclosednoinstancesofnoncompliancethatare requiredtobereportedundergovernmentauditinkstandards 20

23 ThisreportisintendedfortheinformationoftheScholBoard,management,andtheLegislativeAuditoroftheStateofLouisiana.However,this reportisamaterofpublicrecordanditsdistributionisnotlimited. Minden,Louisiana April24,196 21

24 UNIONELEMENTARYSCHOL GENERALFUND STATEMENTOFGASHRECEIPTSANDISBURSEMENTS FortheYearEndedJune Cashreceipts Concesions Scholpictures Studentfes Reimbursements Scholplay Fieldtripsandof-campusevents Fundraiser Bokfair Returnedcheckscolected Carnival Alother Totalcashreceipts Cashdisbursements Purchaseofitemsforesale Scholpictures Instructionalmaterialsandsuplies Repairsandmaintenance Telephoneandutilities Fieldtripsandof-campusevents Firstaidsuplies Equipment,machinesandfixtures Printing,oficesupliesandpostage Bokfair NSFchecksreturned Fundraiser Carnival Yearbok Specialshows ScienceFair Alother Totalcashdisbursements Excesofcashreceiptsovercashdisbursements Cashbalance,JulyI,194 Cashbalance.June CashbalanceasofJune30,195,isacountedfor asfolows: Regularchecking,MindenBankandTrust $8, , , , , , i,o $34, , , Theacompanyingnotesareanintegralpartofthisfinancialstatement 2

25 STATEMENTOFCASHRECEIPTSANDISBURSEMENTS UNIONELEMENTARYSCHOL FortheYearEndedJune YEARBOKFUND Cashreceipts Yearbokreceipts Cashdisbursements Tots1cashreceipts $3, Camera,filmandsuplies Yearboks Totalcashdisbursements 2, $3, Cashbalance,Julyi,194 Excesofcashreceiptsovercashdisbursements 3~ Cashbalance.June CashbalanceasofJune30,195,is Regularchecking,MindenBankandTrust acountedforasfolows: $6.64 Theacompanyingnotesareanintegralpartofthisfinancialstatement 23

26 NOTESTOSTATEMENTSOFCASHRECEIPTSANDISBURSEMENTS UNIONELEMENTARYSCHOL JUNE Note1-AcountingPolicies TheUnionElementaryScholfinancialstatementspresentcashreceiptsand cashdisbursementsinacordancewiththepoliciesetforthbythewebster ParishScholBoard.Receiptsarerecordedwhencashisreceivedand disbursementsarerecordedwhenpaymentsaremade.thestatementsofcash receiptsandisbursementsaresumariesofthecashactivityofunion ElementaryScholandonotpresentransactionsthatwouldbeincludedin financialstatementsofunionelementaryscholpresentedontheacrual basisofacounting,ascontemplatedbygeneralyaceptedacounting principles.inpreparingastatementofcashreceiptsandisbursements, cashistheonlyasetrecognizedandexpendituresforequipmentare consideredtobecurentyearexpensesratherthancapitalasets. Note2-AcountsPayable NoutstandingdebtsasofJuneBO,195,wereconfirmedbyoutside vendors. 24

27 WEBSTERPARISHSCHOLBOARD CENTRALJUNIORHIGHSCHOL ANUALFINANCIALREPORT JUNE

28 MICHAELW.WISE,CPA C~/RLOBE.F~TIN,CPA DAVIDW.TINSLEY.CPA APROFESIONALACOUNTINGCORPORATION JAMIESON,WISE&MARTIN 601MAINSTRETP.O.BOX897 MINDEN,LOUISIANA (318) FAX(318) ~.PEARCEJAMIESON,CPA(191) AMERICANINSTITUTEOF MEMBERS INDEPENDENTAUDITORSsREPORT CERTIFIEDPUBLICACOUNTANTS SOCIETYOFLOUISIANA WebsterParishScholBoard Minden.Louisiana Wehaveauditedtheacompanyingstatementofcashreceiptsandisbursements ofthegeneralfundofcentraljuniorhighschol,acomponentunitofthe WebsterParishScholBoard,fortheyearendedJune30,195.Thisfinancial statementistheresponsibilityofcentraljuniorhighscholmanagemenṭour responsibilityistoexpresanopiniononthisfinancialstatementbasedon ouraudit. Exceptasdiscusedinthefolowingparagraph,weconductedourauditin acordancewithgeneralyaceptedauditingstandardsand asuranceaboutwhetherthestatementofcashreceiptsandisbursementsis StandardsisuedbytheComptrolerGeneraloftheUnitedGovernmentAuditing standardsrequirethatweplanandperformtheauditobtainreasonable States.Those evidencesuportingtheamountsandisclosuresinthestatementofcash receiptsandisbursements.anauditalsoincludesasesingtheacounting freofmaterialmistatement.anauditincludesexamining,onatestbasis principlesusedandsignificantestimatesmadebymanagement,aswelas evaluatingtheoveralstatementofcashreceiptsandisbursements presentation.webelievethatourauditprovidesareasonablebasisforour opinion. Duringthecourseofouraudit,wetracedrecordedcashreceiptstoactual bankdeposits.however,duetothenatureoftheschol'srecords,wewere unabletosatisfyourselvesastothecompletenesofdepositsandthe acuracyofclasificationoftherecordedreceiptsbymeansofotherauditing procedures. AsdiscusedinNoteI,CentralJuniorHighScholpreparesitsfinancial statementonaprescribedbasisofacountingthatdemonstratescompliance withthecashreceiptsandisbursementspoliciesetforthbythewebster ParishScholBoard,whichisacomprehensivebasisofacountingotherthan generalyaceptedacountingprinciples. 26

29 Inouropinion,exceptforthefectsofsuchadjustments,ifany,asmight havebendeterminedtobenecesaryhadwebenabletosatisfyourselvesas tothecompletenesofdepositsandtheacuracyofclasificationofrecorded receipts,thefinancialstatementreferedtoabovepresentsfairly,inal materialrespects,thecashreceiptsandisbursementsofthegeneralfundof CentralJuniorHighSchol,fortheyearendedJune30,195,onthebasisof acountingdescribedinnotei. InacordancewithGovernmentAuditingStandardswe datedapril24,196onourconsiderationofcentral internalcontrolstructureandareportdatedapril havealsoisuedareport withlawsandregulations. 24,196onitscompliance JuniorHighSchol's Minden,Louisiana April24,196 27

30 MICHELW.WISE,CPA CARLOSE.MAJ~TIN,CPA DAVIDW.TINBLEY.CPA JAMIESON,WISE&MARTIN APROFESIONALACOUNTINGCORPORATION 601MAINSTRETP.O.BOX897 MINDEN,LOUISIANA (318)37~3171FAX(318) W~.PE/~RCE5AMIESON.CPA(191) MEMBERS AMERICANINSTITUTEOF CERTIFIEDPUBLICACOUNTANTS SOCIETYOFLOUISIANA CERTIFIEDPUBLICACOUNTANTS INDEPENDENTAUDITORS'REPORTONINTERNALCONTROL STRUCTUREBASEDONANAUDITOFAFINANCIALSTATEMENT PERFORMEDINACORDANCEWITHGOVERNMENTAUDITINGSTANDARDS WebsterParishScholBoard Minden.Louisiana WehaveauditedthestatementofcashreceiptsandisbursementsofCentral JuniorHighScholfortheyearendedJune30,195,andhaveisuedour reporthereondatedapril24,196.inoureport,ouropinionwas qualifiedbecause,duetothenatureoftheschol'srecords,wewere unabletosatisfyourselvesastothecompletenesofdepositsandthe acuracyofclasificationoftherecordedreceipts. Exceptasdiscusedinthefolowingparagraph,wehaveconductedouraudit inacordancewithgeneralyaceptedauditingstandardsandgovernment AuditingStandards,isuedbytheComptrolerGeneraloftheUnitedStates. Thosestandardsrequirethatweplanandperformtheauditobtain reasonableasuranceaboutwhetherthestatementofcashreceiptsand d~sbursementsisfreofmaterialmistatement. Duringthecourseofouraudit,wetracedrecordedcashreceiptstoactual bankdeposits.however,duetothenatureoftheschol'srecords,wewere unabletosatisfyourselvesastothecompletenesofdepositsandthe acuracyofclasificationoftherecordedreceiptsbymeansofother auditingprocedures. ThemanagementofCentralJuniorHighScholisresponsiblefor establishingandmaintaininganinternalcontrolstructure.infulfiling thisresponsibility,estimatesandjudgmentsbymanagementarerequiredto asesthexpectedbenefitsandrelatedcostsofinternalcontrol structurepoliciesandprocedures.theobjectivesofaninternalcontrol structurearetoprovidemanagementwithreasonable,butnotabsolute, asurancethatasetsaresafeguardedagainstlosfromunauthorizeduseor disposition,andthatransactionsarexecutedinacordancewith management'sauthorizationandrecordedproperlytopermithepreparation ofafinancialstatementinacordancewithpoliciesetforthbythe WebsterParishScholBoard.Becauseofinherentlimitationsinany internalcontrolstructure,erorsoriregularitiesmayneverthelesocur andnotbedetected.also,projectionofanyevaluationofthestructure tofutureperiodsisubjectotheriskthatproceduresmaybecome 28

31 inadequatebecauseofchangesinconditionsorthathefectivenesof thedesignandoperationofpoliciesandproceduresmaydeteriorate. Inplaningandperformingourauditofthestatementofcashreceiptsand disbursementsofcentraljuniorhighscholfortheyearendedjune30, 195,weobtainedanunderstandingoftheinternalcontrolstructure.With respectotheinternalcontrolstructure,weobtainedanunderstandingof thedesignoftherelevantpoliciesandproceduresandwhethertheyhave benplacedinoperation,andweasesedcontrolriskinorderto determineourauditingproceduresforthepurposeofexpresingouropinion onthestatementofcashreceiptsandisbursementsandnotoprovidean opinionontheinternalcontrolstructure.acordingly,wedonotexpres suchanopinion. Wenotedcertainmatersinvolvingtheinternalcontrolstructureandits operationthatweconsidertobereportableconditionsunderstandards establishedbytheamericaninstituteofcertifiedpublicacountants. Reportableconditionsinvolvematerscomingtouratentionrelatingto significantdeficienciesinthedesignoroperationoftheinternalcontrol structurethat,inourjudgement,couldadverselyafecthentity's abilitytorecord,proces,sumarize,andreportfinancialdataconsistent withtheasertionsofmanagementinthestatementofcashreceiptsand disbursements. WenotedthatheScholcolectsmaterialrevenuesincash,andthathe a~ceuntabilit~ofthat~aghisnotestablisheduntiltheserevenuesare recorded.suchcontrolsastheuseofprenumberedreceiptboksandual controlofcashsaleshavenotbenimplemented,andsuchlackofcontrol overcashreceiptscouldresultintheposibilitythatalcashreceipts wouldnotberecorded. Amaterialweaknesisareportableconditioninwhichthedesignor operationofoneormoreinternalcontrolstructurelementsdoesnot reducetoarelativelylowleveltheriskthaterorsoriregularitiesin amountsthatwouldbematerialinrelationtothestatementofcash receiptsandisbursementsbeingauditedmayocurandnotbedetected withinatimelyperiodbyemployesinthenormalcourseofperforming theirasignedfunctions. Ourconsiderationoftheinternalcontrolstructurewouldnotnecesarily disclosealmatersintheinternalcontrolstructurethatmightbe reportableconditionsand,acordingly,wouldnotnecesarilydiscloseal reportableconditionsthatarealsoconsideredtobematerialweaknesesas definedabove.however,wenotedthefolowingmatersinvolvingthe materialweaknesesasdefinedabove.theseconditionswereconsideredin determiningthenature,timing,andextentoftheprocedurestobe internalcontrolstructureanditsoperationthatweconsidertobe performedinourauditofthestatementofcashreceiptsandisbursements ofcentraljuniorhighschol,fortheyearendedjune30,195. Webelievethathelackofcontrolovercashreceiptsreferedtoaboveis amaterialweaknesintheinternalcontrolstructureoftheschol. 29

32 Minden,Louisiana April24,196 30

33 APROFESIONALACOUNTINGCORFORATION JAMIESON,WISE&MARTIN 601MAINSTRETP.O.BOX897 MINDEN,LOUISIANA MICHAELW.WISE,CPA CARLOSE.PLe~RTIN,CPA (318) FAX(318) DAVIDW.TINSLEY.CPA WM.PEA~RCEJAMIEON,CPA(191) AMERICANINSTITUTEOF SOCIETYOFLOUISIANA MEMBERS ONANAUDITOFAFINANCIALSTATEMENTPERFORMEDIN INDEPENDENTAUDITORS'REPORTONCOMPLIANCEBASED CERTIFIEDPUBLICACOUNTANTS ACORDANCEWITHGOVERNMENTAUDITINGSTANDARDS WebsterParishScholBoard Minden.Louisiana WehaveauditedthestatementofcashreceiptsandisbursementsofCentral JuniorHighScholfortheyearendedJune30,195,andhaveisuedour reporthereondatedapril24,196.inoureport,ouropinionwas qualifiedbecause,duetothenatureoftheschol'srecords,wewere unabletosatisfyourselvesastothecompletenesofdepositsandthe acuracyofclasificationoftherecordedreceipts. Exceptasdiscusedinthefolowingparagraph,weconductedourauditin acordancewithgeneralyaceptedauditingstandardsandgovernment AuditingStandards,isuedbytheComptrolerGeneraloftheUnitedStates Thosestandardsrequirethatweplanandperformtheauditobtain reasonableasuranceaboutwhetherthestatementofcashreceiptsand disbursementsisfreofmaterialmistatement. Duringthecourseofouraudit,wetracedrecordedcashreceiptstoactual bankdeposits.however,duetothenatureoftheschol'srecords,wewere unabletosatisfyourselvesastothecompletenesofdepositsandthe acuracyofclasificationoftherecordedreceiptsbymeansofother auditingprocedures. Compliancewithlaws,regulations,contracts,andgrantsaplicableto CentralJuniorHighScholistheresponsibilityofCentralJuniorHigh Scholmanagement.Aspartofobtainingreasonableasuranceaboutwhether thestatementofcashreceiptsandisbursementsisfreofmaterial mistatement,weperformedtestsoftheschol'scompliancewithcertain provisionsoflaws,regulations,contracts,andgrants.however,the objectiveofourauditofthestatementofcashreceiptsandisbursements wasnotoprovideanopiniononoveralcompliancewithsuchprovisions. Acordingly,wedonotexpresuchanopinion. Theresultsofourtests requiredtobereporteddisclosednoinstancesofnoncompliancethatare undergovernmentauditinkstandards. 31

34 Wenotedcertainimaterialinstancesofnoncompliancethatwehave reportedtothemanagementofcentraljuniorhighscholinaseparate leterdatedapril24,196. Minden, April24Louisiana ~196 32

35 STATEMENTOFCASHRECEIPTSANDISBURSEMENTS CENTRALJUNIORHIGHSCHOL FortheYearEndedJune30~195 GENERALFUND Cashreceipts Concesions Athletics Clubs/clasacounts Yearbok Fund-raisers Fieldtrips Reimbursements Interest Alother Cashdisbursements Totalcashreceipts $4,86.63 Teachingaidsandsuplies Operationandmaintenance Itemspurchasedforesale Fieldtrips Athletics Administrative Clas/clubacounts Oficesuplies Yearbok Fund-raiseritemsforesale Alother Totslcashdisbursements Cashbalance,Julyi,194 Deficiencyofcashreceiptsovercashdisbursements 47,74.52 (2,907.89) Cashbalance.June CashbalanceasofJune30,195,isacountedfor Regularchecking,MindenBankandTrust Savingsacount,2.75%interesțMindenBankandTrust asfolows: 4~ ~iI Theacompanyingnotesareanintegralpartofthisfinancialstatement 3

36 CENTRALJUNIORHIGHSCHOL NOTESTOTHESTATEMENTOFCASHRECEIPTSANDISBURSEMENTS JUNE Note1-AcountingPolicies TheCentralJuniorHighScholfinancialstatementpresentscashreceipts andcashdisbursementsinacordancewiththepoliciesetforthbythe WebsterParishScholBoard.Receiptsarerecordedwhencashisreceived andisbursementsarerecordedwhenpaymentsaremade.thestatementof cashreceiptsandisbursementsisasumaryofthecashactivityof CentralJuniorHighScholandoesnotpresentransactionsthatwouldbe includedinthefinancialstatementofcentraljuniorhighscholpresented ontheacrualbasisofacounting,ascontemplatedbygeneralyacepted acountingprinciples.inpreparingastatementofcashreceiptsand disbursements,cashistheonlyasetrecognizedandexpendituresfor equipmentareconsideredtobecurentyearexpensesratherthancapital asets. Note2-AcountsPayable NoutstandingdebtsasofJune30,195,wereconfirmedbyoutside vendors. 34

37 WEBSTERPARISHSCHOLBOARD ANUALFINANCIALREPORT DOYLINEHIGHSCHOL JUNE

38 MICHAELW.WISE,CPA CARLOSE.bI~RTIN,CPA DAVIDW.TINSLEY.CPA APROFESIONALACOUNTINGCORPORATION JAMIESON,WISE&MARTIN 601MAINSTRETP.O.BOX897 MINDEN,LOUISIANA (318) FAX(318) WM.PEARCEJAMIESON,CPA(191 AMERICANINSTITUTEOF MEMBERS INDEPENDENTAUDITORS'REPORT CERTIFIEDPUBLICACOUNTANTS SOCIETYOFLOUISIANA WebsterParishScholBoard Minden.Louisiana Wehaveauditedtheacompanyingstatementsofcashreceiptsandisbursements ofthegeneralfundandtheclubsfundofdoylinehighschol,acomponent unitofthewebsterparishscholboard,fortheyearendedjune30,195. ThesefinancialstatementsaretheresponsibilityofDoylineHighSchol management.ouresponsibilityistoexpresanopiniononthesefinancial statementsbasedonouraudit. Exceptasdiscusedinthefolowingparagraph,weconductedourauditin acordancewithgeneralyaceptedauditingstandardsandgovernmentauditing StandardsisuedbytheComptrolerGeneraloftheUnitedStates.Those standardsrequirethatweplanandperformtheauditobtainreasonable asuranceaboutwhetherthestatementsofcashreceiptsandisbursementsare freofmaterialmistatement.anauditincludesexamining,onatestbasis, evidencesuportingtheamountsandisclosuresinthestatementsofcash receiptsandisbursements.anauditalsoincludesasesingtheacounting principlesusedandsignificantestimatesmadebymanagement,aswelas evaluatingtheoveralstatementsofcashreceiptsandisbursements presentation.webelievethatourauditprovidesareasonablebasisforour opinion. Duringthecourseofouraudit,wetracedrecordedcashreceiptstoactual bankdeposits.however,duetothenatureoftheschol'srecords,wewere unabletosatisfyourselvesastothecompletenesofdepositsandthe acuracyofclasificationoftherecordedreceiptsbymeansofotherauditing procedures. AsdiscusedinNotei,DoylineHighScholpreparesitsfinancialstatements onaprescribedbasisofacountingthatdemonstratescompliancewiththecsh receiptsandisbursementspoliciesetforthbythewebsterparishschol Board,whichisacomprehensivebasisofacountingotherthangeneraly aceptedacountingprinciples. 36

39 Inouropinion,exceptforthefectsofsuchadjustments,ifany,asmight havebendeterminedtobenecesaryhadwebenabletosatisfyourselvesas tothenompletenesofdepositsandtheacuracyofclasificationofrecorded receipts,thefinancialstatementsreferedtoabovepresentfairly,inal materialrespects,thecashreceiptsandisbursementsofthegeneralfundand theclubsfundofdoylinehighschol,fortheyearendedjune30,195,on thebasisofacountingdescribedinnotei. InacordancewithGovernmentAuditin~Standardswe datedapril24,196on controlstructureanda lawsandregulations. ourconsiderationofdoyline reportdatedapril24,196 havealsoisuedareport HighSchol'sinternal onitscompliancewith Minden,Louisiana April24,196 37

40 APROFESIONALACOUNTINGCORPORATION JAMIESON,WISE&MARTIN 601MAINSTRETP.O.BOX897 MINDEN,LOUISIANA MICHAELW.WISE,CPA (318) FAX(318) CARLOSE.M~TIN,CPA DAVIDW.TINSLEY.CPA WM.PEANCE3AMIESON,CPA(191) AMERICANINSTITUTEOF SOCIETYOFLOUISIANA MEMBERS INDEPENDENTAUDITORS'REPORTONINTERNALCONTROL CERTIFIEDPUBLICACOUNTANTS PERFORMEDINACORDANCEWITHGOVERNMENTAUDITING.STANDARDS STRUCTUREBASEDONANAUDITOFINANCIALSTATEMENTS WebsterParishScholBoard Minden.Louisiana Wehaveauditedthestatementsofcashreceiptsandisbursementsof DoylineHighScholfortheyearended3une30,195,andhaveisuedour reporthereondatedapril24,196.inoureport,ouropinionwas qualifiedbecause,duetothenatureoftheschol'srecords,wewere unabletosatisfyourselvesastothecompletenesofdepositsandthe acuracyofclasificationoftherecordedreceipts. Exceptasdiscusedinthefolowingparagraph,wehaveconductedouraudit inacordancewithgeneralyaceptedauditingstandardsandgovernment AuditingStandardsisuedbytheComptrolerGeneraloftheUnitedStateṣ Thosestandardsrequirethatweplanandperformtheauditobtain reasonableasuranceaboutwhetherthestatementsofcashreceiptsand disbursementsarefreofmaterialmistatement. ThemanagementofDoylineHighScholisresponsibleforestablishingand maintaininganinternalcontrolstrncturẹinfulfilingthisresponsibility,estimatesandjudgmentsbymanagementarerequiredtoasesthe expectedbenefitsandrelatedcostsofinternalcontrolstructurepolicies andprocedures.theobjectivesofaninternalcontrolstructureareto providemanagementwithreasonable,butnotabsolute,asurancethatasets aresafeguardedagainstlosfromunauthorizeduseordisposition,andthat transactionsarexecutedinacordancewithmanagement'sauthorizationand recordedproperlytopermithepreparationofinancialstatementsin acordancewithpoliciesetforthbythewebsterparishscholboard. Becauseofinherentlimitationsinanyinternalcontrolstructure,erors oriregularitiesmayneverthelesocurandnotbedetected.also, projectionofanyevaluationofthestructuretofutureperiodsisubject totheriskthatproceduresmaybecomeinadequatebecauseofchangesin 38

41 conditionsorthathefectivenesofthedesignandoperationof policiesandproceduresmaydeteriorate. Inplaningandperformingourauditofthestatementsofcashreceiptsand disbursementsofdoylinehighscholfortheyearendedjune30,195,we obtainedanunderstandingoftheinternalcontrolstructure.withrespect totheinternalcontrolstructure,weobtainedanunderstandingofthe designoftherelevantpoliciesandproceduresandwhethertheyhaveben placedinoperation,andweasesedcontrolriskinordertodetermineour auditingproceduresforthepurposeofexpresingouropiniononthe statementsofcashreceiptsandisbursementsandnotoprovideanopinion ontheinternalcontrolstructure.acordingly,wedonotexpresuchan opinion. Wenotedcertainmatersinvolvingtheinternalcontrolstructureandits operationthatweconsidertobereportableconditionsunderstandards establishedbytheamericaninstituteofcertifiedpublicacountants~ Reportableconditionsinvolvematerscomingtouratentionrelatingto significantdeficienciesinthedesignoroperationoftheinternalcontrol structurethat,inourjudgement,couldadverselyafecthentity's abilitytorecord,proces,sumarize,andreportfinancialdataconsistent withtheasertionsofmanagementinthestatementsofcashreceiptsand disbursements. WenotedthatheScholcolectsmaterialrevenuesincash,andthathe acountabilityofthatcashisnotestablisheduntiltheserevenuesare recorded.suchcontrolsasdual-controlofcashsaleshavenotben implemented,andsuchlackofcontrolovercashreceiptscouldresultin theposibilitythatalcashreceiptswouldnotberecorded. Amaterialweaknesisareportableconditioninwhichthedesignor operationofoneormoreinternalcontrolstructurelementsdoesnot reducetoarelativelylowleveltheriskthaterorsoriregularitiesin amountsthatwouldbematerialinrelationtothestatementsofcash Ourconsiderationoftheinternalcontrolstructurewouldnotnecesarily disclosealmatersintheinternalcontrolstructurethatmightbe reportableconditionsand,acordingly,wouldnotnecesarilydiscloseal reportableconditionsthatarealsoconsideredtobematerialweaknesesas definedabove.however,wenotedthefolowingmatersinvolvingthe internalcontrolstructureanditsoperationthatweconsidertobe materialweaknesesasdefinedabove.theseconditionswereconsideredin determiningthenature,timing,andextentoftheprocedurestobe performedinourauditofthestatementsofcashreceiptsandisbursements ofdoylinehighschol,fortheyearendedjune30,195. Webelievethathelackofcontrolovercashreceiptsreferedtoaboveis amaterialweaknesintheinternalcontrolstructureoftheschol. 39

42 Minden,Louisiana April24,196 40

43 MICHAELW.WISE,CPA CARLO~E.MARTIN,CPA DAVIDW.TINSLEY,CPA JAMIESON,WISE&MARTIN APROFESIONALACOUNTINGCORPORATION 601MAINSTRETP.O.BOX897 MINDEN,LOUISIANA (318) FAX(318) WM.PEARCEJAMIESON,CPA(191) MEMBERS AMERICANINSTITUTEOF CERTIFIEDPUBLICACOUNTANTS SOCIETYOFLOUISIANA CERTIFIEDPUBLICACOUNTANTS INDEPENDENTAUDITORS'REPORTONCOMPLIANCEBASED ONANAUDITOFINANCIALSTATEMENTSPERFORMEDIN ACORDANCEWITHGOVERNMENTAUDITINGSTANDARDS WebsterParishScholBoard Minden.Louisiana Wehaveauditedthestatementsofcash DoylineHighScholfortheyearendedreceiptsandisbursementsof June30,195,andhaveisuedour reporthereondatedapril24,196.inoureport,ouropinionwas qualifiedbecause,duetothenatureoftheschol'srecords,wewere unabletosatisfyourselvesasto acuracyofclasificationofthe Exceptasdiscusedinthe acordancewithgeneraly AuditineStandards.isued thecompletenesofdepositsandthe recordedreceipts. folowingparagraph,weconductedourauditin aceptedauditingstandardsandgovernment bythecomptrolergeneraloftheunitedstates Thosestandardsrequirethatweplanandperformtheauditobtain reasonableasuranceaboutwhetherthestatementsofcashreceiptsand disbursementsarefreofmaterialmistatement. Duringthecourseofouraudit,wetracedrecordedcashreceiptstoactual bankdeposits.however,duetothenatureoftheschol'srecords,wewere unabletosatisfyourselvesastothecompletenesofdepositsandthe acuracyofclasificationoftherecordedreceiptsbymeansofother auditingprocedures. Compliancewithlaws,regulations,contracts,andgrantsaplicableto DoylineHighScholistheresponsibilityofDoylineHighScholmanagement.Aspartofobtainingreasonableasuranceaboutwhetherthestatementsofcashreceiptsandisbursementsarefreofmaterialmistatement weperformedtestsoftheschol'scompliancewithcertainprovisionsof laws,regulations,contracts,andgrants.however,theobjectiveofour auditofthestatementsofcashreceiptsandisbursementswasnoto provideanopiniononoveralcompliancewithsuchprovisions. Acordingly,wedonotexpresuchanopinion. Theresultsofourtests requiredtobereported disclosednoinstancesofnoncompliancethatare undergovernmentauditin~standards. 41

44 Wenotedcertainimaterialinstancesofnoncompliancethatwehave reportedtothemanagementofdoylinehighscholinaseparateleter datedapril24,196. ThisreportisintendedfortheinformationoftheScholBoard,management,andtheLegislativeAuditoroftheStateofLouisiana.However,this reportisamaterofpublicrecordanditsdistributionisnotlimited. Minden,Louisiana April24,196 42

45 DOYLINEHIGHSCHOL GENERALFUND STATEMENTOFCASHRECEIPTSANDISBURSEMENTS FortheYearEndedJune Cashreceipts Concesions Scholpictures Studentfes Reimbursements Flowerfund Athletics Seniors Specialprojectsales Clubs&clases Library Contributions Halowencarnival Interestearned Alother Totalcashreceipts Cashdisbursements Concesions Athletics Instructionalmaterialsandsuplies Repairsandmaintenance Telephoneandutilities Studentmembershipandfes Library Equipment,machinesandfixtures Printing,oficesupliesandpostage Flowerfund Seniors Clubsandclases Halowencarnival Alother Totalcashdisbursements Excesofcashreceiptsovercashdisbursements Cashbalance,JulyI,194 Cashbalance.June CashbalanceasofJune30,195,isacountedfor asfolows: Regularchecking,PeoplesBankandTrust CertificateofDeposit,MindenBank&Trust $16, , , _ , , , , , , , , , , , , , , , $74, , , $17, $19, Theacompanyingnotesareanintegralpartofthisfinancialstatement 43