Audit Engagement Letter

February 24, 2020

JOSE VICTOR M. NARIDO

Chairman
Lapanday Multi-purpose Cooperative
Damosa, Mamay Road, Lanang, Davao City

Sir,

Good day!

We, the fourth-year students of the BS in Accounting Technology program of UM

college of Accounting Education would like to seek permission from your good office for
us to conduct an audit as a requirement of our AUDTG422 (Internal Auditing) course.

This aims to: (1) identify internal controls (if any) of the cooperative, (2) determine
compliance with CDA requirements and (3) provide advice and recommendations, if
necessary.

We guarantee that whatever information gathered will be used only for compliance
purpose and be treated with utmost confidentiality.

We are looking forward for your kind approval. God speed!

Very respectfully yours,

Louie Cajes John Rammel Borlasa

Chief Audit Executive Senior Auditor

Robin Ross Dalumpines Marjorie Cabatingan

Auditor Auditor