Island Security Windows \& Doors Mfg Inc.. a domestic corporation-EIN \#66-0402050organized in PR January 5 , 2005, is engaged in the security business, operates from its address at Lote Industrial Corujo \# 60, Bayamon, PR 00619. The company is owned and managed by Ed Gonzalez (570-80-4050 -PRES (60\% CS). Other company officers are Victor Rivera VP (560-10-5050 30\%CS) and Maxim Ortiz (500-40-5090 10\%CS). The company follows an accrual basis of accounting and depreciates its assets using the straight line method; any repairs that materially extend the life of the assets or increase its value are capitalized; inventory is valued at lower of cost or market. Accounts Receivable is presented at Net Realizable Value. The company leases facilities from CJ properties for $2,000 monthly lease payment for 5 years with a purchase option of $250,000. Also secured with a plot of land the company owes a mortgage payable to Banco Popular, of $100,000, at 6%, due in 10 years, inception date July 1,2010, payable in installments of $1,500. The company contacted West \& Co. Certified Public Accountants for a fixed fee of $30,000 to conduct the annual December 2013 year-end financial statements audit. Such audit included tax returns preparation and State Department good standing report filing. Financial statements will be submitted by April 10, 2013 with the tax returns. The audit started on March 1, 2013 and ended on the 31 of the same month. West conducted the audit of internal controls which resulted in the following reportable condition; the storekeeper does not prepare Purchase Orders to obtain goods and services. This deficiency will result in unauthorized and unnecessary purchases and can be corrected by the preparation of prenumbered PO's. Once concluded the audit an audited trial balance was issued with all reclassification and adjusted journal entries recorded. An unqualified opinion was issued with no supplementary information required. The trial balance for the financial statements follows: REQUIRED Prepare the following communications and reports: 1) Engagement Letter 2) Audit Programs (Cash, Receivables and Payables) 3) Management Letter 4) Opinion 5) Financial Statements 6) Notes to financial statements 7) Cover 8) Representation Letter 9) Lead Schedules 10) Adjusted Trial Balance 11) AJE'S \& RJE'S