2018-233 Finance - Mauldin and Jenkins audit 2018

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Orange County April 26, 2018 Page 2 noncompliance with laws or regulations affecting the procedures described above that come to our attention. In addition, if, in connection with this engagement,matters come to our attention that contradict the agreed upon procedures described above,we will disclose those matters in our report.Such disclosures, if any, may not necessarily include all matters that might have come to our attention had we performed additional procedures or an examination or review. You are responsible for providing the information included in your general ledger and the subsidiary ledger, and for selecting the criteria and procedures and determining that such criteria and procedures are appropriate for your purposes. You are also responsible for, and agree to provide us with, a written assertion about the subsidiary system reports, general ledger reports, and the information obtained throughout the procedures. In addition, you are responsible for providing us with (1) access to all information of which you are aware that is relevant to the performance of the agreed-upon procedures on the subject matter, (2) additional information that we may request for the purpose of performing the agreed-upon procedures, and(3)unrestricted access to persons within the entity from whom we determine it necessary to obtain evidence relating to performing those procedures. At the conclusion of our engagement, we will require certain written representations in the form of a representation letter from management that, among other things, will confirm management's responsibility for the accounting records related to the receipts. Joel Black is the engagement partner and is responsible for supervising the engagement and signing the report or authorizing another individual to sign it. We plan to begin our procedures on approximately May 15, 2018 and, unless unforeseeable problems are encountered, the engagement should be completed by August 15, 2018. At the conclusion of our engagement, we will require certain written representations in the form of a representation letter from management that, among other things, will confirm management's responsibility for the review and evaluation of the findings of the receipt and.transaction procedures, as listed above. We estimate that our fees for these services will be based on the actual time spent at our standard hourly rates,plus other out of pockets, such as report production,word processing, etc. Our fee for these services is estimated to be $69,750. Our standard hourly rates vary according to the degree of responsibility involved and the experience level of the personnel assigned to your audit. Our invoices for these fees will be rendered each month as work progresses and are payable on presentation. If we elect to terminate our services for nonpayment, our engagement will be deemed to have been completed upon written notification of termination even if we have not completed our report. You will be obligated to compensate us for all time expended and to reimburse us for all out-or-pocket expenditures through the date of termination.