REPORT DIGEST
ILLINOIS MATHEMATICS
AND SCIENCE ACADEMY
FINANCIAL AND COMPLIANCE AUDIT
(In accordance with the Single Audit Act of 1984, and OMB
Circular A-133)
For the Year Ended:
June 30, 1996
Summary of Findings:
| Total this audit | 1 |
| Total last audit | 0 |
| Repeated from last audit | 0 |
Release Date:
May 21, 1997
State of Illinois
Office of the Auditor General
WILLIAM G. HOLLAND
AUDITOR GENERAL
Iles Park Plaza
740 E. Ash Street
Springfield, IL 62703
(217) 782-6046
FINDINGS,
CONCLUSIONS, AND
RECOMMENDATIONS
- Our report contained one procedural finding and recommendation related to failure to follow certain existing procedures when processing invoices. The recommendation has been accepted by the Academy. We will review the corrective action taken in our next audit.
AUDITOR'S OPINION
- Our auditors state the Academy's financial
statements for the year ending June 30, 1996 are
fairly presented.
____________________________________
WILLIAM G. HOLLAND, Auditor GeneralWGH:JAW:ak
SPECIAL ASSISTANT AUDITORS
- Miller Cooper & Co., Ltd. were our Special
Assistant Auditors for this audit
{Financial Information is summarized on the reverse page.}