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03.06 - Audit Services Letter
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11-13-2012 Council Meeting
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03.06 - Audit Services Letter
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�- we ave r <br />System Review Report <br />To the Partners of <br />Clifton Gunderson LLP <br />arid the National Peer Review Committee of the AICPA <br />We have reviewed the system of quality control for the accounting and auditing practice of <br />Clifton Gunderson LLP (the firm) applicable to non-SEC issuers in effect for the year ended <br />July 31, 2010. Our peer reviewwas conducted in accordance with the Standards for Performing <br />and Reporting on Peer Reviews established by the Peer Review Board of the American Institute <br />of Certified Public Accountants. The firm is responsible for designing a system of quality control <br />and complying with it to provide the: firm with reasonable assurance of perForming and reporting <br />in conformity with applicable professional standards in all material respecfs. Our responsibility is <br />to express an opinion on the design of the system of quality control and the firm's compliance <br />therewith based upon our review. The nature, objectives, scope, limitations of, and the <br />procedures performed in a System Review are described in the standards at <br />wwW.aicpa.orq/prsummary. <br />As required by the standards, engagements selected for review included engagements <br />performed under Government Auditing Standards, audits of employee benefif plans and audits <br />performed under FDIGIA. <br />�'" In our opinion, the system of quality control for the accounting and auditing practice of Clifton <br />Gunderson LLP applicable #o non-SEC issuers in effect for the yea[ ended July 31, 2010, has <br />been suitably designed and complied with to provide the firm with reasonable assurance of <br />performing and reporting in conformity with applicable professional standards in all material <br />respects. Firms can receive a rating of pass, pass wrth deficiency(iesJ or fail. Clifton Gunderson <br />LLP has received a peer review rating of pass <br />l��� � �r,�w�Gr., �� <br />WEAVER AND TIDWELL, L.L.P. <br />Dallas, Texas <br />December 3, 2010 <br />ANINDEPEtJOENT WEA4ERANDTIDWELLLIP DALLAS <br />�, MEh�BER OF 2AKER iILLY CERTIFIED PU6LIC ACCOUNTANTSAND CONSULTANTS 12221 MERIT DRIVE, SUITE 140D, DALLAS, TX 75251 <br />It�TERIVATIOf�AL VViMYJ.WEAVERILP.COh4 P:(972) 49a 1910 F:(972) 702 832I <br />
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