Audit Confirmation Memo

19

EXHIBIT 1

Trial Balance

Work Paper Reference: 100-4

Prepared By W. Downey (Intern)

1/7/20CY+1

6:40 PM Simply Soups Inc. PBC

1/7/20CY+1 177 Washington Lane, Cherry Hill, NJ 08034

609-555-5555

Trial Balance

As of December 31, 20CY

Debit Credit

Cash - Acct. 10000

Fifth Federal 478,921.54 A

Sparkasse-Frankfurt 235,087.29

American NorthWest Bank 144,019.83

BNY Federal 477,832.15

Tenth National Bank 301,015.18

Bank of Citizens 348,701.60

1,985,577.59

Accounts Receivable - Acct. 11000

Tick Legend

A

The sum of this balance was agreed into the Balance

Sheet without exception, W. Downey (Intern)

PBC Prepared by client

20

EXHIBIT 2

Cash Lead Sheet

Work Paper Reference: 100-1

Prepared By W. Downey (Intern)

1/8/20CY+1 Cash Lead Sheet

Simply Soups Inc.

As of December 31, 20CY

Account

Balance

12/31/CY

($)

TB

Balance

9/30/CY

($)

PQ

Change from

9/30/CY to

12/31/CY ($)

Change from

9/30/CY to

12/31/CY (%)

Balance

12/31/PY

($)

PY

Change from

12/31/PY to

12/31/CY ($)

Change from

12/31/PY to

12/31/CY (%)

Fifth Federal 478,921.54

492,531.16

(13,609.62) -2.76% 489,119.72

(10,198.18) -2.09%

Sparkasse-

Frankfurt 235,087.29

229,791.07

5,296.22 2.30% 231,686.49

3,400.80 1.47%

American

NorthWest Bank 144,019.83

151,674.92

(7,655.09) -5.05% 149,277.31

(5,257.48) -3.52%

BNY Federal 477,832.15 462,403.33 15,428.82 3.34% 469,512.91 8,319.24 1.77%

Tenth National

Bank 301,015.18

311,653.46

(10,638.28) -3.41% 316,987.22

(15,972.04) -5.04%

Bank of Citizens 348,701.60 309,243.12 39,458.48 12.76% 311,784.63 36,916.97 11.84%

Tick Legend TB Agreed to 12/31/CY Trial Balance without exception PQ Agreed to 09/30/CY Trial Balance without exception PY Agreed to 12/31/PY Trial Balance without exception

21

EXHIBIT 3

Bank Reconciliation Testing Summary

Work Paper Reference: 100-2

Prepared By: DRH (Audit Associate)

1/10/20CY+1

Bank Rec Testing Summary

Simply Soups Inc.

As of December 31, 20CY

Account

Bank Balance

12/31/CY

A

Reconciling

Items

B

Book Balance

12/31/CY

TB

Notes

Fifth Federal 508,219.33

29,297.79

478,921.54

Sparkasse-Frankfurt 315,711.76 80,624.47 235,087.29

American NorthWest Bank 121,987.17 (22,032.66) 144,019.83

BNY Federal 493,154.12 15,321.97 477,832.15

Tenth National Bank 312,580.29 11,565.11 301,015.18

Bank of Citizens 304,312.43 (44,389.17) 348,701.60

Tick Legend

A Agreed to 12/31/20CY Bank Statements without exception

B Reconciling items were tested without exception, see Bank Test Documentation (Audit Step 100-3)

TB Agreed to 12/31/20CY Trial Balance without exception

22

EXHIBIT 4

Key Information for the audit step “Confirm Cash Balances”

Audit Firm: Putnam and Jacobs LLP

Year End Date: December 31, 20CY

Client Address: 177 Washington Lane Cherry Hill, NJ 08034

Client Phone Number: 609-555-5555

Client Contacts: Lou Jennings [email protected]

Chuck Rogers [email protected]

Bank Accounts – 20CY PBC

Bank Name Bank Address Bank Manager

Account

Name

Account

Number(s)

Authorized

Signer

Fifth Federal

73 Union Street New York

NY 10001 George Williams Checking 675-42223 Lou Jennings

Sparkasse-Frankfurt

Landstrasse 89-21 Frankfurt

60326 DE Helga Jones Checking 44-322711 Lou Jennings

American

NorthWest Bank

234 Market Street

Milwaukee WI 53202 Richard Johnson Checking 05-198305 Lou Jennings

BNY Federal

3621 Ave De Lafayette

Boston MA 02111 Betty Smith Savings 061-22031 Lou Jennings

Tenth National Bank

313 S. Chadwick Street

Philadelphia PA 19103 Greg Fordham Savings 26-798422 Lou Jennings

Bank of Citizens

3621 Union Ave Denver CO

80220 Denise Bentley Checking 89-123661 Lou Jennings

Tick Legend

PBC Prepared by Client