REPORT DIGEST

OFFICE OF THE TREASURER: CHANGE OVER AUDIT

Financial Audits and Agreed-Upon Procedures
For the Period July 1, 2014 through the
Opening of Business January 12, 2015

Release Date:  May 21, 2015

FINDINGS THIS AUDIT:  0
FINDINGS LAST AUDIT: 0

State of Illinois, Office of the Auditor
General
WILLIAM G. HOLLAND, AUDITOR GENERAL

To obtain a copy of the Report contact:
Office of the Auditor General, Iles Park
Plaza, 740 E. Ash Street, Springfield, IL
62703
(217) 782-6046 or TTY (888) 261-2887

This Report Digest and Full Report are also
available on the worldwide web at
www.auditor.illinois.gov

INTRODUCTION

The Illinois State Auditing Act (30 ILCS
5/3-2.1) requires the Office of the Auditor
General to “conduct a change over audit of
the State Treasurer’s accounts at the
conclusion of each term of office of the
State Treasurer or, in the case of
successive terms by a State Treasurer, at
the conclusion of that State Treasurer’s
time in office.”

This digest presents our financial audits of
the Office of the Treasurer Fiscal Officer
Responsibilities, Illinois Funds, and
College Savings Program for the period July
1, 2014 through the opening of business
January 12, 2015.

In addition, Agreed-Upon Procedures covering
insurance in force, fixed assets, unclaimed
property, locally held funds, and unexpended
appropriations were performed for the period
July 1, 2014 through the opening of business
January 12, 2015.

There were no Government Auditing Standards
findings disclosed during our financial
audit.  Four exceptions were disclosed in
our agreed-upon procedures testing of
unclaimed property.

AUDITORS' OPINIONS

Our auditors stated the financial statements
of the Office of the Treasurer Fiscal
Officer Responsibilities, the Illinois Funds
and College Savings Program as of January
12, 2015, and for the period July 1, 2014
through the opening of business January 12,
2015, are fairly stated in all material
respects.

WILLIAM G. HOLLAND
Auditor General

WGH:JAF

SPECIAL ASSISTANT AUDITORS

Our Special Assistant Auditors for this
engagement were McGladrey LLP.