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The responsibilities and limitations related to the nonaudit services performed as part of this engagement are as <br /> follows: <br /> • We will prepare a draft of your financial statements,schedule of expenditures of federal awards,and <br /> related notes.Since the prepa�ation and fair presentation of the financial statements and schedule of <br /> expe�ditures of federai awards is your responsibility,you will be required to acknowledge in the <br /> representation letter our assistance with preparation of the financial statements and schedule of <br /> expenditures of federal awards and that you have reviewed and approved the financial statements, <br /> schedule of expenditures of federal awards,and related notes prio�to their issuance and have accepted <br /> �esponsibility for them.You have a responsibility to be in a position in fact and appearance to make an <br /> informed judgment on those financial statements and schedule of expenditures of federal awards. <br /> • We will propose adjusting journal entries as needed.You will be required to review and approve those <br /> entries and to understand the nature of the changes and their impact on the financial statements. <br /> • We will prepare the AFR and Oata Collection Fomn. You will be responsibie for reviewing and approving <br /> these. <br /> Use of financial statements <br /> The financial statements and our report thereon are for management's use.If you intend to reproduce and <br /> publish the financial statements and our repoK thereon,they must be reproduced in their entirety. Inclusion of <br /> the audited financial statements in a document,such as an annual repon or an ofFering document,shauld be <br /> done only with our prior appruvai of the document.You are respo�sible to provide us the opportunity to review <br /> such documents before issuance. <br /> Should you decide to include or incorporate by reference these finantial statements and our auditors'repon(s) <br /> thereon in a future private placement or other ofFering of equity or debt securities,you agree that we are under <br /> no obligation to re-issue our repr��t or provide eonsent for the use of our report in such a registrstion or offering <br /> document.We will determin�,at our sole diseretion,whether we will re-issue our report or provide consent for <br /> the use of our report only after we have performed the procedures we consider necessary fn the circumstances. <br /> If we decide to re-issue our report or consent to the use of our report,we will be required to perform certatn <br /> procedures including,but nat limited to,(a)reading other informatio�incorporated by reference in the <br /> registration statement or other ofFering document and(b)subsequent event procedures.These procedures will <br /> be considered an engagement separate and distinct from our audit engagement,and we will bili you separately. <br /> If we decide to re-issue our report or consent to the use of our repoK,you agree that we will be inciuded on <br /> each dist�ibution of draft offering materials and we will receive a complete set of final dacuments.If we decide <br /> not to re-issue our report or decide to withhold our consent to the use of our repon,you may be required to <br /> engage another firm to audit periods covered by our audit reports,and that firm will likely bili you for its <br /> services.While the successor auditor may request sccess to our workpapers for those periods,we are under no <br /> obl'�gation to permit such access. <br />