After a year of upheaval, Ivan the new treasurer managed to get his work audited by Ernie Gere. In addition to the audit, Ernie also helped us by explaining how he went about it. Ivan distributed Ernie's report at the board meeting in January 2014. "At the request of...
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SPVCA no internal audit 2004
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SPVCA internal audit 9/2003
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SPVCA internal audit 9/2002
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SPVCA internal audit 9/2001
Stu Dornblaser and John Underwood audited the SPVCA treasury books for fiscal period ending 9/30/2001. They recommended increased documentation, and reported their findings to Ron Horst on 12/1/2001.
SPVCA internal audit 9/2000
Stu Dornblaser and John Underwood audited the SPVCA treasury books for fiscal period ending 9/30/2000. They made minor adjustments and recommendations, and reported their findings to Dick Thomas on 12/2/2000.
SPVCA internal audit 6/2000
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SPVA internal audit 7/1982
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SPVA internal audit 5/1981
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SPVA internal audit 5/1980
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SPVA internal audit 5/1979
Milo once again audited SPVA's books for free. Once again, he submitted the financial statement with his same old form letter on James and Harris CPA letterhead. The Association had brought in and spent $9,800 and had $3,800 left in their two accounts at Atlantic...
SPVA internal audit 5/1978
SPVA member Milo again audited the Association's books for free. He delivered the report with his same old cover letter on his company's letterhead on 7/27/1978. The Association had brought in and spent $6,000. They were left with $3,800 in two accounts at Atlantic...
SPVA internal audit 5/1977
SPVA’s books were professionally audited by James and Harris Certified Public Accountants. Their format set the precedent for all internal audits thereafter.
SPVA internal audit 5/1976
On June 15, 1976, SPVA's books were audited by James and Harris C.P.A. firm. They provided the Association with a Statement of Cash Receipts and Disbursements, along with their standard form cover letter: We have examined the statement of cash receipts and...
SPVA internal audit 5/1975
In 1975, Milo Johnson repeated his favor of auditing the SPVA's treasury books. This year was more exciting than the last. This year, the Association had garnered almost $10,000 for a Fire Protection Fund. They spent $2,500 on a used fire engine. The club dues brought...
SPVA’s first internal audit 5/1973
After wrangling $10 dues and occasional donations out of their members, the new SPVA board did their best to provide fiscal transparency. Luckily, one of those $10 members was a professional accountant. Milo Johnson conducted a formal audit of the Association's books,...
SPVA internal audit 5/1974
August 8, 1974
In the September, 1974 newsletter, Inna thanked Milo Johnson, CPA for again auditing the SPVA’s books. He had provided the Association with a Statement of Cash Receipts and Disbursements, along with a cover letter on letterhead from James and Harris CPA firm, signed “James and Harris”. Inna photocopied the statement and cover letter at reduced size and pasted them side-by-side on page two of the SPVA newsletter for all members to see.
The cover letter was a standard form letter:
We have examined the statement of cash receipts and disbursements of the South Ponte Vedra Association for the year ended May 31, 1974. Our examination was made In accordance with generally accepted auditing standards, and accordingly included such tests of the accounting records and other auditing procedures as we considered necessary in the circumstances.
In our opinion, the accompanying statement presents fairly the cash receipts and cash disbursements of the South Ponte Vedra Association for the year ended May 31, 1974.
(James and Harris CPA 8/8/1974)
The Statement of Cash Receipts and Disbursements totaled the $1,002 income and $980 expenses by category, leaving $1,054 in the account at Sun Bank as of 5/31/1974.
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