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DocuSign Envelope ID: FD83399B-C72A-42C4-A531-71667A72DBC7 <br /> CE PBMares.. <br /> Report on the Firm's System of Quality Control <br /> To the Shareholders of Mauldin& Jenkins, LLC <br /> and the National Peer Review Committee: <br /> We have reviewed the system of quality control for the accounting and auditing practice of <br /> Mauldin & Jenkins, LLC (the firm), applicable to engagements not subject to PCAOB permanent <br /> inspection, in effect for the year ended May 31, 2017. Our peer review was conducted in <br /> accordance with the Standards for Performing and Reporting on Peer Reviews established by the <br /> Peer Review Board of the American Institute of Certified Public Accountants (Standards). <br /> A summary of the nature, objectives, scope, limitations of, and the procedures performed in a <br /> System Review as described in the Standards may be found at www.aicpa.org/prsummary. The <br /> summary also includes an explanation of how engagements identified as not performed or <br /> reported in conformity with applicable professional standards, if any, are evaluated by a peer <br /> reviewer to determine a peer review rating. <br /> Firm's Responsibility <br /> The firm is responsible for designing a system of quality control and complying with it to <br /> provide the firm with reasonable assurance of performing and reporting in conformity with <br /> applicable professional standards in all material respects. The firm is also responsible for <br /> evaluating actions to promptly remediate engagements deemed as not performed or reported in <br /> conformity with professional standards, when appropriate, and for remediating weaknesses in its <br /> system of quality control, if any. <br /> Peer Reviewer's Responsibility <br /> Our responsibility is to express an opinion on the design of the system of quality control and the <br /> firm's compliance therewith based on our review. <br /> Required Selections and Considerations <br /> Engagements selected for review included engagements performed under Government Auditing <br /> Standards, including compliance audits under the Single Audit Act; audits of employee benefit <br /> plans, an audit performed under FDICIA, and examinations of service organization's SOC I and <br /> SOC 2 engagements. <br /> As part of our peer review, we considered reviews by regulatory entities as communicated by the <br /> firm, if applicable, in determining the nature and extent of our procedures. <br /> PBMares,LLP 1 725 Jackson Street,Suite 210 1 Fredericksburg,VA 224011 P 540.371.3566 11.800.296.3710 1 F 540.371.3598 <br />