Shoetown, ME 00001
Anderson, Olds, and Watershed, CPA
Shoetown, ME 00001
10/18/2007
Mr. Larry Lancaster
President/CEO
Apollo home, Inc.
coke Shoe Plaza
Shoetown, ME 00001
Dear Mr. Lancaster
This leave alone confirm our understanding of the arrangements for our canvas of the fiscal statements of Apollo Shoes, Inc., for the year ending 2007.
We go forth audit the Apollo Shoes balance sheet 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 opinion on them. The financial statements are the responsibility of the Apollo Shoes management. Our obligation is to express an opinion on the financial statements based on our audit.
We will conduct our audit in agreement with U.S. Generally judge Auditing Standards. Those standards require that we plan and perform the audit to achieve likely assurance about whether the financial statements are free of substantive misstatement. An audit includes examining, on a test basis, evidence accompaniment the amounts and disclosures in the financial statements.
An audit also includes judging the report principles used 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 inventories, and direct confirmation of receivables and certain(prenominal) other assets and liabilities by correspondence with selected customers, creditors, legal counsel, and banks. At the proof of our audit, we will request 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 want to get a full essay, install it on our website: Orderessay
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