Engagement Letter

Anderson, Olds, and Watershed, CPA Shoetown, ME 00001 Anderson, Olds, and Watershed, CPA Shoetown, ME 00001 10/18/2007 Mr. Larry Lancaster President/chief operating officer Apollo home, Inc. coke Shoe Plaza Shoetown, ME 00001 Dear Mr. Lancaster This leave unsocial confirm our understanding of the arrangements for our canvas of the fiscal statements of Apollo Shoes, Inc., for the family mop up 2007. We go forth canvas the Apollo Shoes balance cerement at December 31, 2007, and the related statements of income, bear earnings, and cash flows for the year then ended, for the purpose of bringing an depression on them. The monetary statements are the responsibility of the Apollo Shoes management. Our obligation is to express an opinion on the financial statements based on our canvass. We allow for exile our audit in agreement with U.S. Generally judge Auditing Standards. Those standards anticipate that we plan and perform the audit to achieve l ikely dominance about whether the financial statements are free of substantive misstatement. An audit implicates examining, on a test basis, evidence accompaniment the amounts and disclosures in the financial statements.

An audit also includes judging the report principles apply and significant estimates made by management, as hearty as assessing the overall financial statement presentation. We believe that our audit will provide a reasonable basis for our opinion. Our procedures will include tests of documentary evidence supporting the transactions enter in the accounts, tests of the physical existence of inventori es, and direct confirmation of receivables a! nd certain(prenominal) other assets and liabilities by correspondence with selected customers, creditors, legal counsel, and banks. At the proof of our audit, we will communicate certain written representations from you about the financial statements and matters related thereto. Our audit is subject to the risk that material errors and irregularities, including deceit or embezzlement, if they...If you take to get a full essay, install it on our website: OrderCustomPaper.com

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