Audit GAAP Letter 09

Rita C. VilluPublic Certihed AccountantJanuary 19, 2009Executive BoardCuesta College Federation ofTeachers, AFT Local 4909PO Box 8106San Luis Obispo, CA 93403Gentlemen:In planning and performing my financial audit of the statements of the Cuesta College Federationof Teachers, Local 4909 (the for the year ended 2008, "Federation") June 30, I considered theFederation's intemal control in order to determine my auditing procedures purpose for the ofexpressing my opinion on the financial statements and not to provide assurance on internalcontrol. However, I noted one matter involving intemal control and its operation that I considerto be a reportable condition under standards established by the American Institute of CertifiedPublic Accountants. Reportable conditions involve matters coming to my relating attention tojudgnrent, significant deficiencies in the design or operation of intemal control that, in my couldadversely affect the Federation's ability to record, process, summarize, and report financial dataconsistent with the assertions of management in the financial statements.The reportable condition relates to the number of signatures required on a Federation check. TheFederation requires only one signature on a check. The American of Teachers('AFT") recommends that its locals affiliated require two signatories on each check. Werecommend this approach to the Federation, and it is wise to make the rule that no officer cansign a check to reimburse ...