Oceanview Marine Company Engagement Letter

LILTS BERGER & ASSOCIATES 4-1 Certified Public AccountantsCW 11/23/2012 nautical City, Florida 33140 October 30, 2012 Mr. Donald Phillips, President Oceanvien marine troupe 36 Clearwater Lake Road Ocean City, Florida 33140 Dear Mr. Phillips This letter is to confirm our grounds of the terms of our engagement as the take stockors of Oceanview leatherneck Company for the year cease declination 31, 2012. We pull up stakes audit the companys balance sheet for December 31, 2012, and the connect araments of income, retained earnings, and cash flows for the year consequently ended.The purpose of our audit is to form an view as to whether these statements are fairly presented in concord with accounting principles generally legitimate in the United States of America. We go forth criticism the companys federal and state income tax returns for the fiscal year ended December 31, 2012. In addition, we go out be available to consult with you concerning the tax do of any transact ions or changes in company policies.Our audit opinion will be based on our examination, make on a test basis, of your records, documents, assets, and equities. We will non examine all transactions, assets, or equities in detail, and the examination should not be relied on to detect all errors, fraud, or nonlegal acts that may have taken place. Notwithstanding, should we discover material misstatements resulting from error, fraud, or illegal acts during our audit, they will be disclosed to you. transport note that management of the company has the firsthand 4-2CW 11/23/2012 responsibility for maintaining seemly accounting records, for the safeguarding of assets, and for the zeal of accurate fiscal statements. If, for any reason, we are unable to completed the audit or are unable to form or have not formed an opinion, we may decline to depict an opinion or decline to edit out a report as a result of the engagement. The timing of our serve is schedule for performance and co mpletion as follows start out fieldworkDecember 15, 2012 Completion of fieldworkMarch 15, 2013Deli actually of management letterMarch 22, 2013 Delivery of audit reportMarch 29, 2013 Delivery of tax returnsMarch 29, 2013 It is agreed that your module will provide assistance with the preparation of data and by providing documents and records as needed. Our fees will be based on our standard hourly rates. Invoices will be submitted sporadically as the work progresses and are account payable upon presentation. Should we find any conditions that could signalingificantly strike our initial estimated total fees of $21,000, we will publish you immediately.If the above terms are acceptable, and the serve outlined are in accordance with the companys requirements, please sign the copy of this letter in the put provided and return it to us. 4-3 CW 11/23/2012 Yours very truly, Per Charles Ward Charles Ward, CPA Partner The services set out in the forgo letter are in accordance with ou r requirements. The terms set out are acceptable to us and are hereby agreed to. Per Donald Phillips Donald Phillips, President Oceanview Marine Company November 10, 2012