Oceanview Marine Company Engagement Letter

LILTS BERGER & ASSOCIATES 4-1 certifiable Public AccountantsCW 11/23/2012 Ocean City, Florida 33140 October 30, 2012 Mr. Donald Phillips, President Oceanvien Marine corporation 36 Clearwater Lake Road Ocean City, Florida 33140 Dear Mr. Phillips This letter is to confirm our collar of the terms of our engagement as the studyors of Oceanview Marine Compevery for the year cease December 31, 2012. We pass on audit the companys balance shred for December 31, 2012, and the related statements of income, retained earnings, and cash flows for the year then ended.The nominate of our audit is to form an opinion as to whether these statements be fairly presented in accordance with accounting principles generally accepted in the United States of America. We will review the companys federal and state income tax checks for the pecuniary year ended December 31, 2012. In addition, we will be lendable to consult with you concerning the tax effects of any transactions or changes in company policies.Our audit opinion will be found on our examination, made on a test basis, of your records, documents, assets, and equities. We will not witness all transactions, assets, or equities in detail, and the examination should not be relied on to detect all errors, fraud, or illegal acts that may have interpreted place. Notwithstanding, should we discover material misstatements resulting from error, fraud, or illegal acts during our audit, they will be disclose to you. Please note that management of the company has the primary 4-2CW 11/23/2012 responsibility for maintaining adequate accounting records, for the safeguarding of assets, and for the preparation of accurate financial statements. If, for any reason, we are inefficient to complete the audit or are unable to form or have not formed an opinion, we may blood line to express an opinion or decline to issue a history as a result of the engagement. The timing of our go is scheduled for exertion and completion as follows Begin fieldworkDecember 15, 2012 Completion of fieldworkMarch 15, 2013Delivery of management letterMarch 22, 2013 Delivery of audit reportMarch 29, 2013 Delivery of tax returnsMarch 29, 2013 It is agreed that your staff will provide assistant 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 periodically as the work progresses and are payable upon presentation. Should we find any conditions that could significantly proceed our initial estimated total fees of $21,000, we will notify you immediately.If the above terms are acceptable, and the services outlined are in accordance with the companys requirements, please sign the copy of this letter in the space 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 foregoing letter are in accordance with our requirements. The terms set out are accep table to us and are hereby agreed to. Per Donald Phillips Donald Phillips, President Oceanview Marine Company November 10, 2012