Notice of Audit Of The Fiscal Affairs of The Three Rivers Special Services Cooperative 2019

Notice of Audit 

Of The Fiscal Affairs of The 

Three Rivers Special Services Cooperative

Notice is hereby given that Three Rivers Special Services Cooperative, Philip, South Dakota, has been audited by Schoenfish & Co., Inc., Certified Public Accountants, Parkston, South Dakota, for the year ended June 30, 2019. A detailed report thereon is available for public inspection, during normal business hours, at the business office of the Cooperative, and also available at the Department of Legislative Audit in Pierre, South Dakota or on the Department of Legislative Audit website at http://www.state.sd.us/legislativeaudit/Reports/reports_all.htm.

The following finding and recommendation provide a brief description of material weaknesses in internal control, legal noncompliance and other matters that are described in more detail in the audit report.

Finding:

A material weakness in internal controls was noted due to a lack of proper segregation of duties for revenues. This finding was first noted in 1992.

Recommendation:

We recommend that the Three Rivers Special Services Cooperative officials be cognizant of this lack of segregation of duties for revenues and attempt to provide compensating internal controls whenever, and wherever, possible and practical.

The report also contains the auditor's findings and recommendations concerning less significant deficiencies in internal control at the Cooperative.

s/s: Schoenfish & Co., INC., CPA'S

Published twice at the total approximate cost of $39.68

Published: October 23, 30, 2019

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