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The Honorable Mayor
and Members of the Township Council
Township of Ewing .
County of Mercer, New Jersey
We have audited the accompanying financial statements of the various
funds of the Township of Ewing, State of New Jersey as of and for the
year ended June 30, 2000, as listed in the table of contents. These
financial statements are the responsibility of the Township of Ewing,
State of New Jersey, management. Our responsibility is to express an
opinion on these financial statements based on our audit.
We conducted our audit in accordance with generally accepted auditing
standards, the standards applicable to financial audits contained in
Government Auditing Standards, issued by the Comptroller General of
the United States and the audit requirements prescribed by the Division
of Local Government Services, Department of Community Affairs, State
of New Jersey. Those standards require that we plan and perform the
audit to obtain reasonable assurance about whether the financial statements
are free of material misstatement. An audit includes examining, on a
test basis, evidence supporting the amounts and disclosures in the financial
statements. An audit also includes assessing the accounting principles
used and significant estimates made by management, as well as evaluating
the overall financial statement presentation. We believe that our audit
provides a reasonable basis for our opinion.
As described in Note A, the Township prepares its financial statements
on a basis of accounting prescribed by the Division of Local Government
Services, Department of Community Affairs, State of New Jersey, which
is a comprehensive basis of accounting other than generally accepted
accounting principles. These prescribed principles are designed primarily
for determining compliance with legal provisions and budgetary restrictions
as a means of reporting on the stewardship of public officials with
respect to public funds. Accordingly, the accompanying financial statements
are not intended to present financial position and results of operations
in accordance with generally accepted accounting principles.
In our opinion, because of the Township of Ewing, State of New Jersey's
policy to prepare its financial statements on the basis of accounting
discussed in the preceding paragraph, the financial statements referred
to above do not present fairly, in conformity with generally accepted
accounting principles, the financial position of the various fiends
of the Township of Ewing, State of New Jersey, as of June 30, 2000 or
the results of its operations or cash flows for the year then ended.
However, in our opinion, the financial statements present fairly, in
all material respects, the financial position of the various funds of
the Township of Ewing, State of New Jersey as of June 30, 2000 and the
results of its operations of such funds for the year then ended in conformity
with the basis of accounting described in the notes to the financial
statements.
In accordance with Government Auditing Standards, we have also issued
our report dated September 20, 2000 on our consideration of the Township
of Ewing's internal control over financial reporting and our tests of
its compliance with certain provisions of laws, regulations, contracts
and grants.
Our audit was conducted for the purpose of forming an opinion on the
financial statements taken as a whole. The accompanying supplemental
information presented in the "Supplemental Schedules" section
is presented as additional analytical data for purposes of complying
with the requirements set forth by the Division of Local Government
Services and is not a required part of the basic financial statements.
The supplementary data, has been subjected to the auditing procedures
applied in the audit of the financial statements and, in our opinion,
is fairly stated in all material respects, in relation to the financial
statements taken as a whole, on the basis of accounting described in
the notes to the financial statements.
The statistical section on pages 68 to 71 is not a required part of
the financial statements but is supplementary information required by
the State of New Jersey. We have applied certain limited procedures,
which consisted principally of inquiries of management regarding the
methods of measurement and presentation of the supplementary information.
However, we did not audit the information and express no opinion on
it.
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Eugene J. Elias, PA
Registered Municipal Accountant
License No. 505
DRUKER, RAHL & FEIN
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The Honorable Mayor
and Members of the Township Council
Township of Ewing
County of Mercer, New Jersey
We have audited the accompanying financial statements of the Township
of Ewing, State of New Jersey as of and for the year ended June 30, 2000,
and have issued our report thereon dated September 20, 2000. We conducted
our audit in accordance with generally accepted auditing standards, the
standards applicable to financial audits contained in Government Auditing
Standards, issued by the Comptroller General of the United States,
the requirements prescribed by the State of New Jersey, Department of
Community Affairs, Division of Local Government Services and State of
New Jersey OMB Circular Letter 98-07.
Compliance
As part of obtaining reasonable assurance about whether the Township of
Ewing, State of New Jersey's financial statements are free of material
misstatement, we performed tests of its compliance with certain provisions
of laws, regulations, contracts and grants, 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
that are required to be reported under Government Auditing Standards.
However, we noted certain immaterial instances of noncompliance which
we have reported to management in the comments and recommendations section.
Internal Control Over Financial Reporting
In planning and performing our audit, we considered the Township of Ewing,
State of New Jersey's internal control over financial reporting in order
to determine our auditing procedures for the purpose of expressing our
opinion on the financial statements and not to provide assurance on the
internal control over financial reporting.
Our consideration of the internal control over financial reporting would
not necessarily disclose all matters in the internal control over financial
reporting that might be material weaknesses. A material weakness is a
condition in which the design or operation of one or more of the internal
control components does not reduce to a relatively low level the risk
that misstatements in amounts that would be material in relation to the
financial statements being audited may occur and not be detected within
a timely period by employees in the normal course of performing their
assigned functions. We noted no matters involving the internal control
over financial reporting and its operation that we consider to be material
weaknesses. However, we noted other matters involving the internal control
over financial reporting which we have reported to management in the comments
and recommendations section.
This report is intended solely for the information and use of the administration
and members of the Township Council, others within the municipality and
federal and state awarding agencies and passthrough entities and is not
intended to be and should not be used by anyone other than those specified
parties.
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