SAN FRANCISCO ETHICS COMMISSION AUDIT REPORT:
SAN FRANCISCO MEDICAL SOCIETY PAC
I. Introduction
This Audit Report contains information pertaining to the audit of the San Francisco Medical Society PAC, Identification Number 881748 ("the Committee") for the period from January 1, 1998 through December 31, 1999. The audit was conducted to determine whether the Committee materially complied with the requirements and prohibitions imposed by the Political Reform Act ("the Act") (Government Code Section 81000, et seq.) and San Francisco's Campaign Finance Reform Ordinance ("CFRO") (S.F. Campaign and Governmental Conduct Code Section 1.100, et seq., formerly S.F. Administrative Code Section 16.501, et seq.).1
For the period covered by the audit, the Committee received total contributions of $10,747 and incurred expenditures of $12,811. There were no material findings with respect to this Audit Report. The Committee substantially complied with the disclosure and record-keeping provisions of the Act and the CFRO.
II. Committee Information
The Committee filed its initial Statement of Organization with the Secretary of State's Office on August 31, 1988 indicating that it had not yet qualified. On July 12, 1989, the Committee filed an amended Statement of Organization indicating that it had qualified as a committee on April 1, 1989. The Committee contributes to candidates who support the interests of the San Francisco Medical Society, the organization that sponsors the Committee. During the period covered by the audit, the Committee's treasurers were Dr. William H. Goodson III, and Dr. Robert Margolin, who served during the calendar years 1998 and 1999, respectively.
III. Audit Authority
San Francisco Charter Section C3.699-11(4) mandates that the Commission audit campaign statements and other relevant documents to determine whether campaign committees comply with applicable requirements and prohibitions imposed by State and local law.
IV. Audit Scope and Procedures
This audit was performed in accordance with generally accepted auditing standards. The audit involved a thorough review of the Committee's records for the time period covered by the audit. This review was conducted to determine:
1. Compliance with all disclosure requirements pertaining to contributions, expenditures, accrued expenditures, and loans, including itemization when required;
2. Compliance with applicable filing deadlines;
3. Compliance with restrictions on contributions, loans and expenditures;
4. Accuracy of total reported receipts, disbursements and cash balances as compared to bank records; and
5. Compliance with all record-keeping requirements.
V. Conclusion
Through the examination of the Committee's records and campaign disclosure statements, the Auditor verified that the Committee accurately and timely disclosed contributions received and expenditures made and that the Committee maintained the necessary documentation regarding contributions and expenditures. As a result, the Auditor determined that there were no material findings. The Committee substantially complied with the disclosure and record-keeping provisions of the Act and the CFRO.
Audit reports are posted to the Commission's web site and are forwarded to the Members of the Ethics Commission and, in cases of a violation of law, to the appropriate enforcement agency.
Date: November 3, 2000
1 During the period covered by the audit, the section of law was codified in the Administrative Code at Section 16.501, et seq. However, the section has since been moved from the Administrative Code to the Campaign and Governmental Conduct Code Section 1.100, et seq.