natural science

Type
Essay
Pages
3
Word Count
826
School
California State University San Bernardino
Course
310
ROGERS. ANDERSON, MALODY & SCOTT. LLP
CERTIFIF[) PUBL1C ACCO,JNT;\NTS. SINC:F I J.lfl
To the Board of Directors of
San Bernardino, California
i
INDEPENDENT AUDITOR'S REPORT
Report on the Financial Statements
We have audited the accompanying financial statements of University
Enterprises Corporation at CSUSB (UEC) (a nonprofit organization), which
comprise the statement of financial position as of June 30, 2017, and the related
statement of activities, statement of expenses by natural classification, and
statement of cash flows for the year then ended, and the related notes to the
financial statements.
Management's Responsibility for the Financial Statements
Management is responsible for the preparation and fair presentation of these
financial statements in accordance with accounting principles generally accepted
in the United States of America; this includes the design, implementation, and
maintenance of internal control relevant to the preparation and fair presentation
of financial statements that are free from material misstatement, whether due to
fraud or error.
Auditor's Responsibility
Our responsibility is to express an opinion on these financial statements based
on our audit. We conducted our audit in accordance with auditing standards
generally accepted in the United States of America and the standards applicable
to financial audits contained in Government Auditing Standards, issued by the
Comptroller General of the United States. Those standards require that we plan
and perform the audit to obtain reasonable assurance about whether the
financial statements are free from material misstatement.
An audit involves performing procedures to obtain audit evidence about the