An audit, conducted July 1, 2004, through June 30, 2007, revealed 15 findings of internal control and legal compliance that are related to financial management, grant expenditures, easements, and professional/technical services contracts. The BWSR did not adequately monitor payroll transactions, properly record grants on the accounting system, and did not have adequate internal controls over returned grant funds. A list of these findings can be seen on page 5 of the review by going to the state web site http://www.auditor.leg.state.mn.us/, clicking on MN Board of Water and Soil Resources and going to “full report”. For an interesting read, scroll down to page 21 and read about “Reinvest in MN Conservation Reserve Enhancement Program” (CREP) and the MN Wetland Bank program.