State of Montana, Department of Public Service Regulation Report On Audit of Financial Statements : Two Fiscal Years Ended June 30, 1982 1982

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The department maintains its offices in a leased office building in Helena.
INTERNAL CONTROL As part of my examination I made a study and evaluation of the department's system of internal accounting control to the extent considered necessary to evaluate the system as required by generally accepted auditing standards and the standards for financial and compliance audits contained in the U.S. General Accounting Office "Standards for Audit of Governmental Organizations, Programs, Activities and Fu
...nctions." For the purpose of the report, I have classified the significant internal accounting controls in the following categories: General Cash Receipts, Receivables, and Revenue Cash Disbursements, Payables, and Expenditures Payroll Equipment Budgetary Control My study included all of the control categories listed above. The purpose of my study and evaluation was to determine the nature, timing, and extent of the auditing procedures necessary for expressing an opinion on the department's financial statements.

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