Mt. Hood Furniture Case Study
AUDIT ENGAGEMENT LETTER
May 16, 20X4
Robert S. Saws
Mt. Hood Furniture, Inc.
555 S. Bend Rd
Dear Mr. Saws:
This will confirm our understanding of the arrangements for our examination of the financial statements of Mt. Hood Furniture, Inc. for the year ending December 31, 20X3.
We will examine Mt. Hood Furniture’s balance sheet as of December 31, 20X3, and the related statements of income, retained earnings, and cash flows for the year then ended, for the purpose of auditing them. Our audit will be in accordance with generally accepted accounting standards. We will express our opinions as to whether your financial statements conform to generally accepted accounting principles.
Our audit will include examining, on a test basis, evidence supporting
May 16, 20X4
Robert S. Saws
Mt. Hood Furniture, Inc.
555 S. Bend Rd
Dear Mr. Saws:
This will confirm our understanding of the arrangements for our examination of the financial statements of Mt. Hood Furniture, Inc. for the year ending December 31, 20X3.
We will examine Mt. Hood Furniture’s balance sheet as of December 31, 20X3, and the related statements of income, retained earnings, and cash flows for the year then ended, for the purpose of auditing them. Our audit will be in accordance with generally accepted accounting standards. We will express our opinions as to whether your financial statements conform to generally accepted accounting principles.
Our audit will include examining, on a test basis, evidence supporting