BUDGETANDAUDI

TFEES

Thi
sfeetakesaccountoft
heri
sksincl
udingthosesetouti
nthi
sdocumentandt
headdi
ti
onal
workt
hatwewi l
lneedtounder
takeinr
elati
ontothis.

Apr
il19X2 19X1

Budget
edf
ee Act
ual
Fee

Account
s P290,
000 P280,
000

Useofr
esour
ces 200,
000 210,
000

Wholeof 90,
000 90,
000
Government
's
Accounts

Audi
tfeet
otal P500,
000 P500,
000

Wehav
ebasedt
hef
eel
evel
ont
hef
oll
owi
ngassumpt
ions:

Of
fi
cer
smeet
ingt
het
imet
abl
eofdel
i
ver
abl
es,
whi
chwewi
l
lagr
eei
nwr
it
ing;

Wear
eabl
etopl
acer
eli
ance,
aspl
anned,
upont
hewor
kofi
nter
nal
audi
t;

Wear
eabl
etodr
awcomf
ortf
rom y
ourmanagementcont
rol
s;

Weareabl
etoplacerel
i
anceont
hewor
kofi
nspect
orsandi
nter
nal
audi
tinr
espectofouruse
ofr
esour
cesconclusi
on;

Nosi
gni
fi
cantchangesbei
ngmadebyt heAudi
tCommi
ssi
ont
otheuseofr
esour
cescr
it
eri
a
onwhi
chourconclusi
onwil
lbebased;
and

Ouruseofresour
cesconclusionandaccount
sopi
nionbei
ngunquali
fi
ed.Ift
heseprovet
obe
unfounded,
wewi l
lseekavariati
onordert
otheagr
eedfee,
tobediscussedinadvancewi
thy
ou.