auditengagementletter..docVIP

AUDIT ENGAGEMENT LETTER Index No. B09 This engagement letter is set out that (hereinafter referred to “the Auditors”) is to audit the financial statements prepared by the company named (hereinafter referred to “the Client”). Responsibilities of the Client and the Auditors are set as follows: I. Purpose and scope of the engagement i. The Auditors accept the engagement to audit the Client’s financial statements prepared in accordance with China’s Accounting Standards for Business Enterprise. The financial statements include the balance sheet as of December 31, 2009, income statement, cash flow statement, statement of change in equity, notes to financial statements for the year then ended. ii. The Auditors are to issue audit opinion by implementing audit work on the financial statements in the following respects: Whether the financial statements have been prepared in accordance with the requirements of “China’s Accounting Standards for Business Enterprise”; And whether the financial statements present fairly, in all material respects, the financial position of the Client as of December 31, 2009, operating results, change in equity and cash flows for the year then ended. II. The Client’s responsibilities and obligations i. the Client’s responsibilities According to Accounting Law of the People’s Republic China and Regulations for Financial Accounting Report of Business Enterprise, it’s the Client’s responsibility to ensure that the accounting documents are true and complete. The Client should properly keep and provide accounting records (including but not limited to accounting vouchers, accounting books and other accounting documents), which should truly and completely present the Client’s financial position, operating results, change in equity and cash flows. The Company’s management is responsible for preparation of the financial statements in accordance with “Accounting Standards for Busin