Supplement to Issue Ho. 11
The following joint statement by Dr. J.E. Danieley and William Comninaki
was issued Thursday, Dec. 4:
"The Special Committee on SGA Audit has submitted its final report to the
President of the Student Government Association and the President of the College.
The report includes Financial Statements for the year ending May 7, 1969,
prepared by Apple and Bell, Certified Public Accountants; itemization of checks
for 1968-69; statement of income and expenditures from May 8, 1969 to Septem
ber 23, 1969, and. Recommendations for Consideration in Improving the Student
Government Association Financial Records and Control, The full report was
published in the October 16, 1969 issue of the Maroon and^ Gol^.
The Student Senate has already taken action to implement some of the
recommendations made by the Committee. The SGA officers have taken the following
actions:
1. Accountant Roy Apple has agreed to advise and assist Treasurer Morrow
Miller in setting up a bokkkeeping system. The Apple and Bell firm has been
retained to audit the books for the SGA.
2. Officers of the SGA who handle funds have been bonded.
The total amount of $8,794.63 (plus interest) which throughout the fall
semester until December 4 was being held in a special account y reasurer
Morrow Miller and Business Manager W.E. Butler, Jr., is now being transferre
to the custodianship of the SGA Treasurer Morrow Miller to be disbursed in
accordance with the requirements of the SGA Constitution and t e po icies
and prodedures which have been established under it.
We express our appreciation to the members of the Committee; Mrs.
Council (chairman). Morrow Miller, Cary Allred, Bill T. Walker, and Butler Jr.
for their efforts and express our confidence that the steps which have been
taken will provide procedures and practices for the orderly business operati
of the financial affairs of the SGA.
J.E. Danieley, President
William Comninaki, SGA President