The Southwestern Historical Quarterly, Volume 81, July 1977 - April, 1978 Page: 365
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Affairs of The Association
judiciously and managed wisely. At the same time we are committed to
keeping the Association a viable and effective organization in the field
of Texas historical studies. To do so the Association needs the con-
tinued support both of its members and of the University of Texas.
WILLIAM A. DUNCAN
Certified Public Accountant
To the Members
Texas State Historical Association
I have examined the records of the Texas State Historical Association
for the year ended August 31, 1977, and have prepared the following
Exhibit I. Comparative Statement of Assets and Equities
(prepared on a cash basis)
Exhibit II. Comparative Statement of Cash Receipts and Disburse-
Exhibit III. Comparative Statement of Cash Receipts and Disburse-
Exhibit IV. Comparative Statement of Fund Equities
As further explained in Note 1, the financial statements are prepared
on a cash receipts and disbursements basis. My examination, except for
cash receipts, was made in accordance with generally accepted auditing
standards and accordingly included such tests of the records as I con-
sidered necessary in the circumstances. My examination of cash receipts
was limited to recorded cash receipts deposited in banks. The financial
statements for the year, 1976, which are presented for comparative pur-
poses, were examined by other auditors.
In my opinion, except for unrecorded assets and liabilities, the ac-
companying statements present fairly the assets and equities of the
Texas State Historical Association on August 31, 1977, and 1976, and
the recorded cash transactions and changes in fund equities for the
years then ended.
November 16, 1977
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Texas State Historical Association. The Southwestern Historical Quarterly, Volume 81, July 1977 - April, 1978, periodical, 1977/1978; Austin, Texas. (texashistory.unt.edu/ark:/67531/metapth101205/m1/405/: accessed January 16, 2019), University of North Texas Libraries, The Portal to Texas History, texashistory.unt.edu; crediting Texas State Historical Association.