The Southwestern Historical Quarterly, Volume 82, July 1978 - April, 1979 Page: 346

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Affairs of the Association
Financial Report
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, 1978, and have prepared the following
statements:

Exhibit I. Comparative Statement of Assets and Equities
(prepared on a cash basis)
Exhibit II. Comparative Statement of Cash Receipts and I
ments-Publication Fund
Exhibit III. Comparative Statement of Cash Receipts and D
ments-General Fund
Exhibit IV. Comparative Statement of Fund Equities

)isburse-
)isburse-

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 1977 are presented for comparative purposes.
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, 1978, and 1977, and the
recorded cash transactions and changes in fund equities for the years
then ended.
Austin, Texas
December 11, 1978

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Texas State Historical Association. The Southwestern Historical Quarterly, Volume 82, July 1978 - April, 1979, periodical, 1978/1979; Austin, Texas. (texashistory.unt.edu/ark:/67531/metapth101206/m1/398/ocr/: accessed December 9, 2016), University of North Texas Libraries, The Portal to Texas History, texashistory.unt.edu; crediting Texas State Historical Association.