Engagement Letter

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AUDIT ENGAGEMENT LETTER
To the governing body Hood Furniture, Inc. Dated August 30, 2007 Dear Mr. Conrad Saws,
As certified public accountant licensed to do audits in Oregon, we are happy that you have engaged our firm to audit your financial statements as of December, 31, 2007 and for the year then ended. This letter will substantiate our understanding of the arrangements regarding the financial audit we shall be making of the Hood Furniture Inc as of and for the year ended December 31, 2007. The audit scope is that we will audit the financial statements of the business activists, the books of accounts, the supporting documents and the financial systems, which collectively comprise Hood Furniture, Inc's basic financial statements as of and for the year ended December 31, 2007. It is acknowledged that these financial statements and the underlying records and supporting documents are the representations of management that Hood Furniture Inc assumes full responsibility for their integrity and fairness, and that representation letters will be requested. It is also understood that you will complete the financial statements with our assistance by 3rd January 2008. The objective of our audit would be to state an opinion as to whether the financial statements of Hood Furniture, Inc are presented fairly, in all material manner, in compliance with the US generally accepted accounting principles and to report on the fairness of the financial statements taken as a whole. It is expected that this engagement will meet the requirements of audit report users, the state of Ohio audit law and laws and regulations. The audit will be done in accordance with the generally accepted auditing standard adapted by the American Institute of Certified Public Accountant. The management of Hood Furniture, Inc is responsible for establishing and maintaining internal control and for compliance with laws, regulations, contracts and agreements. The objective of the internal controls is to...
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