We are the relationship you can count on chiu

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"We are - the relationship you can count on" - Chiu & Weisserman, LLP Engagement letter signed by client for our services in 2012
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Our responsibilities We shall examine the consolidated statements of financial position of the Company as at January 29, 2012 and the related consolidated statement of comprehensive loss, consolidated statement of equity, consolidated cash flow statement and the notes to the consolidated financial statements for the year then ended. Our examination will be made in accordance with Canadian generally accepted auditing standards, and accordingly, we will plan and perform our audit to provide reasonable, but not absolute, assurance of detecting fraud and misstatements that have a material effect on the consolidated financial statements taken as a whole, including non-compliance with laws and regulations whose consequences have a material effect on the consolidated financial statements. The Code of Ethics require that we are independent when conducting this engagement. We will communicate in writing to [the Audit committee or equivalent] any relationships between the Company (including related entities) and Chiu & Weisserman LLP that, in our professional judgment, may reasonably be thought to bear on our independence. Further, we will confirm our independence with respect to the Company. If matters should arise during this engagement that can reasonably be assumed to have impaired our independence, we may need to withdraw from this engagement. The objective of our audit is to obtain reasonable assurance that the consolidated financial statements are free of material misstatement. However, if any of the following matters are identified, they will be communicated to the appropriate level of management: misstatements, resulting from error, other than immaterial misstatements; fraud or any information obtained that indicates that a fraud may exist; events or conditions identified that may cast significant doubt on the entity’s ability to continue as a going concern; any evidence obtained that indicates non-compliance or possible non-compliance with laws and regulations, other than one considered inconsequential, has occurred; significant weaknesses in the design or implementation of controls to prevent and detect fraud or misstatements; and, related party transactions identified that are not in the normal course of operations and that involve significant judgments made by management concerning measurement or disclosure. The matters communicated will be those that we identify during the course of our audit. Audits do not usually identify all matters that may be of interest to management in discharging its responsibilities. The type and significance of the matter to be communicated will determine the level of management to which the communication is directed.
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