Management Representation Letter National Indian Gaming Association Page 4
27. Provisions for uncollectible receivables have been properly identified and recorded. 28. Expenses have been appropriately classified in or allocated to functions and programs in the statement of activities, and allocations have been made on a reasonable basis. 29. Revenues are appropriately classified in the statement of activities within program revenues and general revenues. 30. Deposits and investment securities and derivative instruments are properly classified as to risk and are properly disclosed. 31. Property and equipment are properly capitalized, reported, and, if applicable, depreciated. 32. With respect to the schedules of income: a. We acknowledge our responsibility for presenting the schedules of income in accordance with U.S. GAAP, and we believe the schedules of income, including its form and content, is fairly presented in accordance with U.S. GAAP. The methods of measurement and presentation of the schedules of income have not changed from those used in the prior period, and we have disclosed to you any significant assumptions or interpretations underlying the measurement and presentation of the supplementary information.
Jason Giles, Executive Director
Angelica Molina, Business Manager
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