REPORT
DIGEST GOVERNORS STATE UNIVERSITY ALUMNI
ASSOCIATION FINANCIAL AUDIT Summary of Findings:
WILLIAM G. HOLLAND Iles Park Plaza |
Our report covers the financial and compliance audit of the Alumni Association. Our audit was performed to express an opinion on the Governors State University Alumni Association's financial statements and to report on special data required by the University Guidelines. The Guidelines were issued by the Legislative Audit Commission to codify and improve the State universities' fiscal practices and administration of locally held funds. FINDINGS, CONCLUSIONS, AND RECOMMENDATIONS There were no material findings of noncompliance disclosed during our audit tests. We commend the Alumni Association for maintaining an effective system of internal controls. AUDITORS' OPINION Our auditors state the June 30, 1997 financial statements of the Governors State University Alumni Association are fairly presented. ____________________________________ WGH:ROQ:ak SPECIAL ASSISTANT AUDITORS Our special assistant auditors for this audit were Nykiel, Carlin, Lemna & Co. {Expenditures and
Activity Measures are summarized on the reverse page.} |
GOVERNORS STATE UNIVERSITY ALUMNI ASSOCIATION
FINANCIAL AND COMPLIANCE AUDIT
For The Period Ended June 30, 1997
FINANCIAL OPERATIONS (ALL FUNDS) | FY 1997 |
FY 1996 |
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SELECTED ASSET BALANCES | AT JUNE 30, 1997 |
AT JUNE 30, 1996 |
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$213,665 |
$202,430 |
AGENCY EXECUTIVE DIRECTOR | |
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