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BK -00027 PG -0390
<br />expenditures of federal awards is issued with our report thereon. Your responsibilities include acknowledging to us
<br />in the written representation letter that (1) you are responsible for presentation of the schedule of expenditures of
<br />federal awards in accordance with OMB Circular A-133; (2) you believe the schedule of expenditures of federal
<br />awards, including its form and content, is fairly presented in accordance with OMB Circular A-133; (3) the methods
<br />of measurement or presentation have not changed from those used in the prior period (or, if they have changed, the
<br />reasons for such changes); and (4) you have disclosed to us any significant assumptions or interpretations underlying
<br />the measurement or presentation of the schedule of expenditures of federal awards.
<br />You are also responsible for the preparation of the other supplementary information, which we have been engaged to
<br />report on, in conformity with U.S. generally accepted accounting principles. You agree to include our report on the
<br />supplementary information in any document that contains and indicates that we have reported on the supplementary
<br />information. You also agree to make the audited financial statements readily available to users of the supplementary
<br />information no later than the date the supplementary information is issued with our report thereon. Your
<br />responsibilities include acknowledging to us in the written representation letter that (1) you are responsible for
<br />presentation of the supplementary information in accordance with GAAP; (2) you believe the supplementary
<br />information, including its form and content, is fairly presented in accordance with GAAP; (3) the methods of
<br />measurement or presentation have not changed from those used in the prior period (or, if they have changed, the
<br />reasons for such changes); and (4) you have disclosed to us any significant assumptions or interpretations underlying
<br />the measurement or presentation of the supplementary information.
<br />Management is responsible for establishing and maintaining a process for tracking the status of audit findings and
<br />recommendations. Management is also responsible for identifying and providing report copies of previous financial
<br />audits, attestation engagements, performance audits, or other studies related to the objectives discussed in the Audit
<br />Objectives section of this letter. This responsibility includes relaying to us corrective actions taken to address
<br />significant findings and recommendations resulting from those audits, attestation engagements, performance audits,
<br />or studies. You are also responsible for providing management's views on our current findings, conclusions, and
<br />recommendations, as well as your planned corrective actions, for the report, and for the timing and format for
<br />providing that information. With regard to using the auditors' report, you understand that you must obtain our prior
<br />written consent to reproduce or use our report in bond offering official statements or other documents. With regard
<br />to electronic dissemination of audited financial statements, including financial statements published electronically
<br />on your website, you understand that electronic sites are a means to distribute information and, therefore, we are not
<br />required to read the information contained in these sites or to consider the consistency of other information in the
<br />electronic site with the original document.
<br />You agree to assume all management responsibilities relating to the financial statements, schedules of expenditures
<br />of federal awards, related notes, and any other nonaudit services we provide. You will be required to acknowledge
<br />in the management representation letter our assistance with preparation of the financial statements, schedule of
<br />expenditures of federal awards, and related notes prior to their issuance and have accepted responsibility for them.
<br />Further, you agree to oversee the nonaudit services by designating an individual, preferably from senior
<br />management, who possesses suitable skill, knowledge, or experience; evaluate the adequacy and results of those
<br />services; and accept responsibility for them.
<br />Engagement Administration, Fees, and Other
<br />We may from time to time, and depending on the circumstances, use third -party service providers in serving your
<br />account. We may share confidential information about you with these service providers, but remain committed to
<br />maintaining the confidentiality and security of your information. Accordingly, we maintain internal policies,
<br />procedures, and safeguards to protect the confidentiality of your personal information. In addition, we will secure
<br />confidentiality agreements with all service providers to maintain the confidentiality of your information and we will
<br />take reasonable precautions to determine that they have appropriate procedures in place to prevent the unauthorized
<br />release of your confidential information to others. In the event that we are unable to secure an appropriate
<br />confidentiality agreement, you will be asked to provide your consent prior to the sharing of your confidential
<br />information with the third -party service provider. Furthermore, we will remain responsible for the work provided by
<br />any such third -party service providers.
<br />We understand that your employees will prepare all cash, accounts receivable, or other confirmations we request and
<br />will locate any documents selected by us for testing.
<br />At the conclusion of the engagement, we will complete the appropriate sections of the Data Collection Form that
<br />summarizes our audit findings. It is management's responsibility to submit the reporting package (including
<br />financial statements, schedule of expenditures of federal awards, summary schedule of prior audit findings, auditors'
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