Laserfiche WebLink
<br />. <br /> <br /> <br />Elk River Fire Department Relief Association <br />March 17, 2006 <br />Page Thee <br /> <br />Consultations with Other Independent Accountants <br /> <br />In some cases, management may decide to consult with other accountants about auditing and accounting matters, similar to <br />obtaining a "second opinion" on certain situations. If a consultation involves application of an accounting principal to the <br />Association's fInancial statements or a determination of the type of auditor's opinion that may be expressed on those <br />statements, our professional standards require the consulting accountant to check with us to determine that the consultant has <br />all the relevant facts. To our knowledge, there were no such consultations with other accountants. <br /> <br />Issues Discussed Prior to Retention of Independent Auditors <br /> <br />We generally discuss a variety of matters, including the application of accounting principles and auditing standards, with <br />management each year prior to retention as the Association's auditors. However, these discussions occurred in the normal <br />course of our professional relationship and our responses were not a condition to our retention. <br /> <br />Difficulties Encountered in Performing the Audit <br /> <br />We encountered no difficulties in dealing with management in performing our audit. <br /> <br />952.835.9090 . Fax 952.835.3261 <br /> <br />www.aemcpas.com <br />