Caption: Board of Trustees Minutes - 1960
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404 BOARD O F T R U S T E E S [May 16 BUSINESS PRESENTED BY THE PRESIDENT OF THE UNIVERSITY The Board took up consideration of the following reports and recommendations from the President of the University. AWARD O F CERTIFIED PUBLIC A C C O U N T A N T CERTIFICATES ( i ) T h e Committee on Accountancy recommends that the certificate of Certified Public Accountant be awarded, under Section 5 of the Accountancy Act of 1943, to the following candidates w h o have presented evidence that they a r e holders of valid and unrevoked Certified Public Accountant certificates obtained by passing a standard written examination in another state or territory of t h e United States and w h o qualify in all other respects under this provision of the law: Name D A V I D R U D D ARNOLD Address Hinsdale Slate from Which They Obtained Certificates New York VICTOR HAROLD CONRAD R O B E R T C H A R L E S FIETSAM Chicago Belleville District of Columbia Missouri WILLIAM JOSEPH HOULIHAN HAROLD L E E PFRANG DONALD BERTRAM PODELL E R N E S T JOSEPH R U A , J R . Glen Ellyn Villa Park Chicago Elmhurst District of Columbia Indiana District of Columbia Ohio RONALD IRA R U B Y RUSSELL VINCENT W I S E Fair Lawn, New Jersey Evanston New Jersey District of Columbia I concur. On motion of Mr. Johnston, these certificates were awarded. APPOINTMENT O F AUDITORS (2) T h e firm of Ernst and Ernst, Certified Public Accountants, was retained by the Board of Trustees for the audit of the University's accounts for the fiscal year ended J u n e 30, 1958, with the understanding that the firm would be employed for three years subject to annual review. T h e services of E r n s t and E r n s t have been very satisfactory. T h e firm proposes to complete the audit for the year ending J u n e 30, 1959, at the prevailing hourly rates for college and university audits, plus cash expenses, plus expenses for travel and subsistence of the staff assigned to the audit, with the understanding that the aggregate charges will not exceed the following amounts which are the same maximums used for t h e audit of the fiscal year which ended June 30, 1958. University of Illinois (all divisions) $18 700 University of Illinois Foundation (including its retirement system) 1 200 University of Illinois Athletic Association (including its retirement system) I 000 Alumni Association (including its retirement system) 500 University Retirement System of Illinois 2 ooo Under the present state law t h e Auditor-General of Illinois is responsible for auditing, or causing to be audited, t h e records of the University. The Auditor-General, M r . F r a n k H . Whitney, has followed the practice of earlier years in which t h e Auditor-General is consulted concerning the employment of the auditing firm, and t h e firm employed by the University submits copies of its reports directly to him, as well as to t h e Board of Trustees. Any additional w o r k which t h e Auditor-General m a y require is at the expense of his office. T h e firm of E r n s t and E r n s t is acceptable to M r . Whitney. Authorization of the Board for the employment of E r n s t and Ernst for the audit of University accounts for the fiscal year ending June 30, 1959, is requested. O n motion of M r . Swain, authorization w a s given as requested. APPOINTMENTS T O T H E FACULTY (3) T h e following new appointments to the faculty of t h e rank of Assistant Professor and above, and involving tenure, have been approved since the previous meeting of t h e Board of Trustees.
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