I appreciate all of the well-informed responses to my questions about
internal or external audits for Minneapolis Public Schools. I honestly
didn't know - I wasn't trying to set up some other scenario.
I'm also an accountant by trade, and do not for a minute want to suggest
that auditors hold the final responsibility for finding and solving problems
like the $29,000 ooops currently being discussed. The CPA profession is
very clear about the client being ultimately responsible for internal
control systems and the veracity of the financial systems.
In this case, it appears that an elected official and the professional staff
have seriously failed in their fiduciary responsibility. It's embarassing,
it's serious, and it makes me wonder what else is wrong.
Mark Hanson
Prospect Park.
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