Page 665 - Auditing Standards

As of December 15, 2017
company's accounting records as of March 31, 19X6 and 19X5, and for the three-month

periods then ended.

(ii) Inquired of certain officials of the company who have responsibility for financial and
accounting matters whether the unaudited condensed consolidated financial statements

referred to in a(i): (1) are in conformity with generally accepted accounting principles 16
applied on a basis substantially consistent with that of the audited consolidated financial
statements included in the registration statement, and (2) comply as to form in all material
respects with the applicable accounting requirements of the Act and the related rules and

regulations adopted by the SEC. Those officials stated that the unaudited condensed
consolidated financial statements (1) are in conformity with generally accepted accounting
principles applied on a basis substantially consistent with that of the audited financial

statements, and (2) comply as to form in all material respects with the applicable
accounting requirements of the Act and the related rules and regulations adopted by the
SEC.

b. With respect to the period from April 1, 19X6, to May 31, 19X6, we have—

(i) Read the unaudited condensed consolidated financial statements of the company 17 for
April and May of both 19X5 and 19X6 furnished us by the company, and agreed the
amounts contained therein to the company's accounting records. Officials of the company
have advised us that no such financial statements as of any date or for any period

subsequent to May 31, 19X6, were available.

(ii) Inquired of certain officials of the company who have responsibility for financial and
accounting matters whether (1) the unaudited financial statements referred to in b(i) are

stated on a basis substantially consistent with that of the audited consolidated financial
statements included in the registration statement, (2) at May 31, 19X6, there was any
change in the capital stock, increase in long-term debt or any decrease in consolidated net

current assets or stockholders' equity of the consolidated companies as compared with
amounts shown in the March 31, 19X6 unaudited condensed consolidated balance sheet
included in the registration statement, and (3) for the period from April 1, 19X6, to May 31,

19X6, there were any decreases, as compared with the corresponding period in the
preceding year, in consolidated net sales or in the total or per-share amounts of income
before extraordinary items or of net income.

Those officials stated that (1) the unaudited consolidated financial statements referred to in 4b(i)
are stated on a basis substantially consistent with that of the audited consolidated financial

statements included in the registration statement, (2) at May 31, 19X6, there was no change in
the capital stock, no increase in long-term debt, and no decrease in net current assets or

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