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.�- > <br /> • Bank statement reconciliations <br /> • Capital asset accounting(e.g.,calculating depreciation,identify capital assets for additions and <br /> deletions) <br /> • Calculating accruals <br /> � Analyzing transactions for proper recording <br /> • Preparation of financial statements and the related notes to the financial statements <br /> • Processing immaterial adjustments through the financial statements <br /> • Adjusting the financial statements for new activities and new disclosures <br /> Additio�al work resulting from unanticipated changes in your organization or accounting records <br /> If your organization undergoes significant changes in key personnel,accounting systems,andJor internal <br /> control,we are required to update our audit documentation and audit plan.The following are examples <br /> of situations that will require additional audit work: <br /> • Revising documentation of your internal control for thanges resulting from your implementation <br /> of new information systems <br /> � Deterioration in the quality of the entity's accounting records during the curcent-year <br /> engagement in comparison to the prior-year engagement <br /> • Significant new accounting issues <br /> � Significant changes in your volume of business <br /> • Mergers,acquisitions,o�other business combinations <br /> • New or unusual transactions <br /> • Changes tn audit scope or requirements resulting ftom changes in ynur activities <br /> • Erroneous or incomplete accounting records <br /> • Evidence of material weaknesses or significant deficiencies in internal control <br /> • Regulatory examination matters <br /> • Implementation ar adoption of new or existing accounting, reporting, regulatory,or tax <br /> requirements <br /> • New financial statement disclosures <br /> Changes in engagement timing and asslstance by your personnel <br /> The fee estimate is based on anticipated cooperation from your personnei and their assistance with <br /> timely preparation of confirmations and requested schedules.lf the requested items are not available <br /> on the dates required or are not accurate,we will advise management.Additional time and costs may <br /> be necessary because of such unanticipated delays.Exampies of situations that may cause our <br /> estimated fee to increase include: <br /> • Signiflcant delays in responding to our requests for information such as reconciling variances or <br /> providing requested supporting documentation(e.g.,invoices,contracts,and other documents) <br /> • Rescheduling our fieldwork <br /> • Sch�dule disruption caused by litigation,financial challenges{going concern),loan covenants <br /> (waivers),etc. <br /> • Identifying a significant number of proposed audit adjustments <br />