Page 500 - Auditing Standards

As of December 15, 2017
in all material respects, the financial position of the Company as of December 31, 20X2 and 20X1, and

the results of its operations for the years then ended in conformity with accounting principles generally
accepted in the United States of America.

The Company declined to present a statement of cash flows for the years ended December 31, 20X2

and 20X1. Presentation of such statement summarizing the Company's operating, investing, and
financing activities is required by accounting principles generally accepted in the United States of
America.

Basis for Opinion

[Same basic elements as the Basis for Opinion section of the auditor's unqualified report in AS 3101]

Critical Audit Matters [if applicable]

[Include critical audit matters]

[Signature]

We have served as the Company's auditor since [year].

[City and State or Country]

[Date]

.28 Departures from generally accepted accounting principles involving risks or uncertainties, and
materiality considerations. Departures from generally accepted accounting principles involving risks or
uncertainties generally fall into one of the following categories:

Inadequate disclosure (paragraphs .29 and .30)

Inappropriate accounting principles (paragraph .31)

Unreasonable accounting estimates (paragraph .32)

.29 If the auditor concludes that a matter involving a risk or an uncertainty is not adequately disclosed in
the financial statements in conformity with generally accepted accounting principles, the auditor should
express a qualified or an adverse opinion.

.30 The auditor should consider materiality in evaluating the adequacy of disclosure of matters involving

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