We have audited the accompanying basic financial statements of West Jefferson Service Corporation (the Service Corporation), a component of the Jefferson Parish Hospital Service District No. 1, as of and for the year ended December 31, 2008. These financial statements are the responsibility of the Service Corporation’s management. Our responsibility is to express an opinion on these financial statements based on our audit. We did not audit the financial statements as of and for year ended December 31,2008 of the Service Corporation’s 50% joint venture investments in West Jefferson MRI, LLC, West Jefferson Surgery Center, LLC, and West Jefferson CT Scan, LLC which combined represents 110% of investments in joint ventures for 2008 and 119% of earnings from joint ventures for 2008.
In accordance with Government Auditing Standards, we have also issued our report dated April 17,2009 on our consideration of the Service Corporation’s internal control over financial reporting and on our tests of its compliance with certain provisions of laws, regulations, contracts, grant agreements and other matters. The purpose of that report is to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on the internal control over financial reporting or on compliance. That report is an integral part of an audit performed in accordance with Government Auditing Standards and should be considered in assessing the results of our audit.
Auditing step #1 (2008): Determine the financial reporting entity.
Procedures for consideration: Management inquiry, Legal Council Inquiry, Search records at Secretary of State’s Office.
Results: Possible joint venture identified per Secretary of State Search. Shown below: Continue reading “Is there an auditor in the house part deux: Slabbed takes a quick look at West Jefferson Service Corp”