The Southwestern Historical Quarterly, Volume 95, July 1991 - April, 1992 Page: 557

Affairs of the Association
Financial Report
EDWARD L. MIXON
Certified Public Accountant
To the Members
Texas State Historical Association
Independent Auditor's Report
I have audited the accompanying balance sheets of the Texas State
Historical Association as of August 31, 1991, and the related state-
ments of support, revenue, and expenses and changes in fund bal-
ances for the year then ended. These financial statements are the
responsibility of the Association's management. My responsibility is to
express an opinion on these financial statements based on my audits.
I conducted my audits in accordance with generally accepted audit-
ing standards. Those standards require that I plan and perform the
audit to obtain reasonable assurance about whether the financial state-
ments are free of material misstatement. An audit includes examin-
ing, on a test basis, evidence supporting the amounts and disclosures
in the financial statements. An audit also includes assessing the ac-
counting principles used and significant estimates made by manage-
ment, as well as evaluating the overall financial statement presentation.
I believe that my audits provide a reasonable basis for my opinion.
In my opinion, the financial statements referred to above present
fairly, in all material respects, the financial position of the Texas State
Historical Association as of August 31, 1991, and the results of its
operations for the year then ended in conformity with generally ac-
cepted accounting principles.
Austin, Texas
February 14, 1992