REPORT DIGEST
SIU PHYSICIANS AND SURGEONS, INC.
SOUTHERN ILLINOIS UNIVERSITY AT SPRINGFIELD
COMPLIANCE AUDIT
For the Two Years Ended:
June 30, 1999
AND FINANCIAL AUDIT
For the Year Ended:
June 30, 1999
Summary of Findings:
Total this audit 0
(First Audit)
Release Date:
March 21, 2000
State of Illinois
Office of the Auditor General
WILLIAM G. HOLLAND
AUDITOR GENERAL
To obtain a copy of the Report contact:
Office of the Auditor General
Attn: Records Manager
Iles Park Plaza
740 E. Ash Street
Springfield, IL 62703
(217)782-6046 or TDD (217) 524-4646
This Report Digest is also available on
the worldwide web at
http://www.state.il.us/auditor
INTRODUCTION
Southern Illinois University Physicians and Surgeons, Inc. is a not-for-profit corporation which exists exclusively for charitable, educational, and scientific purposes and to benefit and support the teaching, research and service missions of Southern Illinois University School of Medicine. The Corporation began operations on November 1, 1997. This is the first compliance audit of the Corporation.
FINDINGS, CONCLUSIONS, AND RECOMMENDATIONS
There were no material compliance findings disclosed during our audit tests. We commend the Corporation for maintaining effective fiscal controls.
AUDITORS' OPINION
Our auditors stated the June 30, 1999 financial statements of the Corporation are fairly presented.
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WILLIAM G.HOLLAND, Auditor General
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SPECIAL ASSISTANT AUDITORS
PricewaterhouseCoopers L.L.P. were our special assistant auditors for this audit.