Key Finding and Recommendation
Management letters address internal control weaknesses and noncompliance issues found during our annual audit of the state's financial statements and federally funded programs. The scope of work in individual agencies is limited. During the fiscal year 2002 audit, our work at the Department of Trade and Economic Development focused on financial activities of the Agriculture and Economic Development Board and two federal programs administered by the department.
Office of the Legislative Auditor ♦ Room 140, 658 Cedar St., St. Paul, MN 55155