Illinois Code § 20 ILCS 3990/14

Audits and Reports.
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The accounts and books of the Alliance,
including its receipts, disbursements, contracts and other matters relating
to its finance, operation and affairs shall be examined and audited
annually by a firm of certified public accountants who shall certify their
audit to the State Comptroller and Auditor General.

 
The Auditor General may from time to time perform an audit of the accounts
and books of the Alliance, whereupon at such times the Alliance shall not
be required to have an audit performed for the period examined by the Auditor General.

 
The accounts and books of the Alliance shall be kept in accordance with
the procedures and accepted accounting practices established by the State Comptroller.

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