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9 <br />6 <br />McCALL GIBSON SWEDLUND BA.RFOOT PLLC <br />Certified Public Accountants <br />13100 Wortham Center Drive <br />Suite 235 <br />Houston, Texas 77065-5610 <br />(713) 462-0341 <br />Fax (713)462-2708 <br />E-Mail: WsbQmgsbpllc.com <br />August 27, 2014 <br />Dear Board Member: <br />111 Congress Avenue <br />Suite 400 <br />Austin, Texas 78701 <br />(512) 610-2209 <br />www.lngklIc.com <br />We will soon begin the audit field work for the audits of La Porte Redevelopment Authority <br />for the fiscal year ending September 30, 2014. Auditing standards state that an auditor <br />conducting an audit in accordance with auditing standards generally accepted in the United States <br />of America (GAAS) is responsible for obtaining reasonable assurance that the financial <br />statements as a whole are free from material misstatement, whether caused by fraud or error. <br />Due to the inherent limitations of an audit, an unavoidable risk exists that some material <br />misstatements of the financial statements may not be detected, even though the audit is properly <br />planned and performed in accordance with GAAS. <br />The primary responsibility for the prevention and detection of fraud rests with both those charged <br />with governance of the entity and management. It is important that management, with the <br />oversight of those charged with governance, places a strong emphasis on fraud prevention, which <br />may reduce opportunities for fraud to take place, and fraud deterrence, which could persuade <br />individuals not to commit fraud because of the likelihood of detection and punishment. This <br />involves a commitment to creating -a culture of honesty and ethical behavior, which can be <br />reinforced by active oversight by those charged with governance. <br />The distribution of this questionnaire to you will be documented in our planning process of this <br />audit. Please answer the following questions with a yes or no answer. We are not requiring <br />that your responses be returned to us, however, should your answer to any of the questions <br />warrant a call to the auditor, please contact our offices at the number referred to above. <br />Your response should include matters that existed up to the fiscal year end and through the date <br />of the auditor's report. Your call and the information provided will be kept confidential. <br />Sincerely, <br />L�; JVJ*j <br />Chris Swedlund <br />CS:jg <br />• <br />• <br />Member of <br />American Institute of Certified Public Accountants <br />Texas Society of Certified Public Accountants <br />