Feb 4, 2013 Meeting w/ Notes

Animas La �lata Operation, Maintenance and Replacement Association
Page 2
We will alsl inform you of any violations of laws or governmental regulations that come to our attention, unless
clearly inco sequential. Our responsibility as auditors is limited to the period covered by our audit and does not
extend to a y later periods for which we are not engaged as auditors.
Our audit w 11 include obtaining an understanding of the Organization and its environment, including internal control,
sufficient to assess the risks of material misstatements of the financial statements and to design the nature, timing,
and extent of further audit procedures. An audit is not designed to provide assurance on internal control or to identify
deficiencies in internal control. However, during the audit, we will communicate to you and those charged with
governance internal control related matters that are required to be communicated under professional standards.
Manageme it Responsibilities
You are res ionsible for making all management decisions and performing all management functions; for designating
a managem nt -level individual with suitable skill, knowledge, or experience to oversee the tax services and any other
nonattest SE vices we provide; and for evaluating the adequacy and results of those services and accepting
responsibilit f for them. We may advise you with regard to tax positions taken in the preparation of the information
returns, but he responsibility for the information returns remains with you.
You are resl ionsible for establishing and maintaining internal controls, including monitoring ongoing activities; for the
selection an I application of accounting principles; and for the fair presentation in the financial statements of financial
position, ch nges in net assets, and cash flows in conformity with U.S. generally accepted accounting principles. We
will advise y u about appropriate accounting principles and their application and will assist in the preparation of your
financial stailements, but the responsibility for the financial statements remains with you.
You are res onsible for making all financial records and related information available to us and for the accuracy and
completene s of that information. Your responsibilities include adjusting the financial statements to correct material
misstatemer is and confirming to us in the management representation letter that the effects of any uncorrected
misstatemer ts aggregated by us during the current engagement and pertaining to the latest period presented, are
immaterial, qoth individually and in the aggregate, to the financial statements taken as a whole.
You are resr onsible for the design and implementation of programs and controls to prevent and detect fraud, and for
informing us about all known or suspected fraud affecting the Organization involving (1) management, (2) employees
who have si nificant roles in internal control, and (3) others where the fraud could have a material effect on the
financial sta ments. Your responsibilities include informing us of your knowledge of any allegations of fraud or
suspected fr iud affecting the Organization received in communications from employees, former employees, grantors,
regulators, o others. In addition, you are responsible for identifying and ensuring the Organization complies with
applicable la ivs and regulations and for taking timely and appropriate steps to remedy any fraud, illegal acts, or
violations of ontracts or grant agreements that we may report.
Audit Administration, Fees, and Other
We understand that your employees will prepare all cash, accounts receivable, accounts payable, and other
confirmation we may request and will locate any documents selected by us for testing.
Sidny Zink, C PA, is the engagement director and is responsible for supervising the engagement and signing the audit
report and to return. We expect to begin our preliminary audit planning immediately, to perform transaction walk -
through procedures and receive a trial balance on or about January 28, 2013, and to be on site for two to three days
in late Janua y and early February. We will plan to provide a draft of the financial statements for review by the Board
of Directors April 1, 2013. We expect to complete your information returns and issue our report in time for the
May 6, 2013 oard meeting, unless unexpected delays occur.