You have audited the financial statements of the Orange Grove Savings and Loan for the year ended December 31, 2007. Orange Grove’s management is required to provide a report about the effectiveness of Orange Grove’s internal control over financial reporting under the Federal Deposit Insurance Corporation Act of 1991. You have been engaged to examine management’s report, which will be presented in a separate report. Management uses the definition of internal control based on the COSO internal control framework.