Laserfiche WebLink
<br /> <br /> <br />INDEPENDENT AUDITOR'S REPORT <br /> <br />INDEPENDENT AUDITOR'S REPORT <br /> <br />December 12,2001 <br /> <br />Board of Directors <br />North Poudre Inigation Company <br />Wellington, Colorado <br /> <br />We have audited the accompanying balance sheets of the North Poudre Inigation Company (a Non-Profit <br />Corporation) as of October 31, 2001 and 2000, and the related statements of income and retained earnings, <br />and cash flows for the years then ended. These financial statements are the responsibility of the Company's <br />management. Our responsibility is to express an opitlion on these financial statements based on the audits. <br /> <br />We conducted the audits in accordance with generally accepted auditing standards. Those standards <br />require that we plan and perform the audit to obtain reasonable assurance about whether the financial <br />statements are free of material misstatement. An audit includes examining, on a test basis, evidence <br />supporting the amounts and disclosures in the financial statements. An audit also includes assessing the <br />accounting principles used and significant estimates made by management, as well as evaluating the <br />overall financial statement presentation. We believe that the audits provide a reasonable basis for our <br />opinion. <br /> <br />FINANCIAL STATEMENTS <br /> <br />In our opinion, the financial statements referred to above present fairly, in all material respects, the <br />financial position of the North Poudre Inigation Company at October 31, 2001 and 2000, and the results of <br />its operations and its cash flows for the years then ended in conformity with generally accepted accounting <br />principles. <br /> <br />Respectfully submitted, <br /> <br />I~ct- l' ~...c"~r~, ~t: <br />Brock & Associates, P.C. <br />Certified Public Accountants <br /> <br />10 <br /> <br />11 <br />