GM-2024-114 - 7/31/2024
Weaver and Tidwell, L.L.P.
CPAs AND ADVISORS | WEAVER.COM
July 30, 2024
Brushy Creek Regional Utility Authority, Inc.
Mr. Sam Roberts, General Manager and Board of Directors
221 East Main Street
Round Rock, Texas 78664
Dear Mr. Roberts and Board of Directors:
You have requested that Weaver and Tidwell, L.L.P (“Weaver”, “our”, “us”, and “we”) audit the governmental activities, the
business‐type activities, the aggregate discretely presented component units, each major fund, and the aggregate remaining
fund information of Brushy Creek Regional Utility Authority, Inc. (the “BCRUA”), as of September 30, 2024, and for the year
then ended and the related notes to the financial statements, which collectively comprise the BCRUA’s basic financial
statements as listed in the table of contents. In addition, we will audit the BCRUA’s compliance over major federal award
programs for the period ended September 30, 2024.
Accounting principles generally accepted in the United States of America (“U.S. GAAP”), as promulgated by the Governmental
Accounting Standards Board (“GASB”) require that management’s discussion and analysis and budgetary comparison
information, among other items, be presented to supplement the basic financial statements. Such information, although not
a part of the basic financial statements, is required by GASB, which considers it to be an essential part of financial reporting
for placing the basic financial statements in an appropriate operational, economic, or historical context. As part of our
engagement, we will apply certain limited procedures to the required supplementary information (“RSI”) in accordance with
auditing standards generally accepted in the United States of America (“U.S. GAAS”). These limited procedures will consist
primarily of inquiries of management regarding their methods of measurement and presentation, and comparing the
information for consistency with management’s responses to our inquiries. We will not express an opinion or provide any
form of assurance on the RSI. The following RSI is required by U.S. GAAP. This RSI will be subjected to certain limited
procedures but will not be audited:
1. Management’s discussion and analysis
Supplementary information other than RSI will accompany the BCRUA’s basic financial statements. We will subject the
following supplementary information to the auditing procedures applied in our audit of the basic financial statements and
perform certain additional procedures, including comparing and reconciling the supplementary information to the underlying
accounting and other records used to prepare the basic financial statements or to the basic financial statements themselves,
and additional procedures in accordance with U.S. GAAS. We intend to provide an opinion on the following supplementary
information in relation to the financial statements as a whole:
1. Schedule of Expenditures of Federal Awards
2. Combining Statement of Net Position
3. Combining State of Revenue, Expenses and Changes in Net Position
4. Notes to the Combing Statements Noted above
We are pleased to confirm our acceptance and our understanding of this audit engagement by means of this letter.
Audit Objectives
The objective of our audit is the expression of opinions as to whether your basic financial statements are fairly presented, in
all material aspects, in conformity with U.S. GAAP and to report on the fairness of the supplementary information referred
to above when considered in relation to the basic financial statements as a whole. The objective also includes reporting on
internal control related to the basic financial statements and compliance with the provisions of laws, regulations, contracts,
and grant agreements, noncompliance with which could have a material effect on the basic financial statements in
accordance with Government Auditing Standards issued by the Comptroller General of the United States of America
(“GAGAS”); and internal control over compliance related to major programs and an opinion (or disclaimer of opinion) on
compliance with federal statutes, regulations, and the terms and conditions of federal awards that could have a direct and
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material effect on each major program in accordance with the Single Audit Act Amendments of 1996 and Title 2 U.S. Code of
Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for
Federal Awards (Uniform Guidance).
Auditor Responsibilities
We will conduct our audit in accordance with U.S. GAAS, the standards applicable to financial audits contained in GAGAS, and
the provisions of the Uniform Guidance. Those standards and the Uniform Guidance require that we plan and perform the
audit to obtain reasonable assurance about whether the basic financial statements are free from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the basic financial
statements. The procedures selected depend on the auditor’s judgment, including the assessment of the risks of material
misstatement of the basic financial statements, whether due to error, fraudulent financial reporting, misappropriation of
assets, or violations of laws, governmental regulations, grant agreements, or contractual agreements. An audit also includes
evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made
by management, as well as evaluating the overall presentation of the financial statements. If appropriate, our procedures will
therefore include tests of documentary evidence that support the transactions recorded in the accounts, tests of the physical
existence of assets, and direct confirmation of cash, investments, and certain other assets and liabilities by correspondence
with creditors and financial institutions. As part of our audit process, we may request written representations from your
attorneys, and they may bill you for responding. At the conclusion of our audit, we will also request certain written
representations from you about the basic financial statements and related matters.
Because of the inherent limitations of an audit, together with the inherent limitations of internal control, an unavoidable risk
that some material misstatements or noncompliance (whether caused by errors, fraudulent financial reporting,
misappropriation of assets, or violations of laws or governmental regulations) may not be detected exists, even though the
audit is properly planned and performed in accordance with U.S. GAAS and GAGAS.
In addition, an audit is not designed to detect immaterial misstatements or violations of laws or governmental regulations
that do not have a direct and material effect on the basic financial statements. However, we will inform the appropriate level
of management of any material errors, fraudulent financial reporting, or misappropriation of assets that comes to our
attention. We will also inform the appropriate level of management of any violations of laws or governmental regulations
that come to our attention, unless clearly inconsequential. Our responsibility as auditors is limited to the period covered by
our audit and does not extend to any later periods for which we are not engaged as auditors.
In making our risk assessments, we consider internal control relevant to the BCRUA’s preparation and fair presentation of the
basic financial statements in order to design audit procedures that are appropriate in the circumstances but not for the
purpose of expressing an opinion on the effectiveness of the BCRUA’s internal control. However, we will communicate to you
in writing concerning any significant deficiencies or material weaknesses in internal control relevant to the audit of the basic
financial statements that we have identified during the audit.
Rebecca Darling is the engagement partner or equivalent for the audit services specified in this letter, and is responsible for
supervising our services performed as part of this engagement and signing or authorizing another qualified firm
representative to sign the audit report.
We expect to begin our audit procedures in November 2024. We will issue a written report upon completion of our audit of
the BCRUA’s basic financial statements. Our report will be addressed to the Board of Directors of the BCRUA. We cannot
provide assurance that unmodified opinions will be expressed. Circumstances may arise in which it is necessary for us to
modify our opinions, add an emphasis‐of‐matter or other‐matter paragraph(s), or withdraw from the engagement. If our
opinions on the financial statements or compliance are other than unmodified, we will discuss the reasons with you in
advance. If, for any reason, we are unable to complete the audit or are unable to form or have not formed opinions, we may
decline to express opinions or withdraw from this engagement.
As part of obtaining reasonable assurance about whether the basic financial statements are free of material misstatement,
we will perform tests of the BCRUA’s compliance with certain provisions of laws, regulations, contracts, and grants that could
have a direct and material effect on the determination of financial statement amounts. However, providing an opinion on
compliance with the provisions is not an objective of our audit, and accordingly, we will not express such an opinion.
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Our audit of the BCRUA’s major federal award program(s) compliance will be conducted in accordance with the requirements
of the Single Audit Act, as amended; and the provisions of the Uniform Guidance; and will include tests of accounting records,
a determination of major programs in accordance with the Uniform Guidance, and other procedures we consider necessary
to enable us to express such an opinion on major federal award program compliance and to render the required reports. We
cannot provide assurance that an unmodified opinion on compliance will be expressed. Circumstances may arise in which it
is necessary for us to modify our opinion or withdraw from the engagement.
The Uniform Guidance requires that we also plan and perform the audit to obtain reasonable assurance about whether the
BCRUA has complied with applicable laws and regulations and the provisions of contracts and grant agreements applicable
to major federal award programs. Our procedures will consist of determining major federal programs and performing the
applicable procedures described in the U.S. Office of Management and Budget OMB Compliance Supplement for the types of
compliance requirements that could have a direct and material effect on each of the BCRUA’s major programs. The purpose
of those procedures will be to express an opinion on the BCRUA’s compliance with requirements applicable to each of its
major programs in our report on compliance issued pursuant to the Uniform Guidance.
Also, as required by the Uniform Guidance, we will perform tests of controls to evaluate the effectiveness of the design and
operation of controls that we consider relevant to preventing or detecting material noncompliance with compliance
requirements applicable to each of the BCRUA’s major federal award programs. However, our tests will be less in scope than
would be necessary to render an opinion on these controls and, accordingly, no opinion will be expressed in our report.
In accordance with the requirements of GAGAS, we will also issue a written report describing the scope of our testing over
internal control over financial reporting and over compliance with laws, regulations, and provisions of grants and contracts,
including the results of that testing. However, providing an opinion on internal control and compliance over financial
reporting will not be an objective of the audit and, therefore, no such opinion will be expressed.
We will issue a report on compliance that will include an opinion or disclaimer of opinion regarding the BCRUA’s major federal
award programs, and a report on internal controls over compliance that will report any significant deficiencies and material
weaknesses identified; however, such report will not express an opinion on internal control.
We will perform non‐attest services which include assistance with financial statement preparation, including the SEFA and
specific reporting journal entries as necessary, and assistance with submission of the data collection form. These
nonaudit/non‐attest services do not constitute an audit under GAGAS and such services will not be conducted in accordance
with GAGAS.
Management Responsibilities
Our audit will be conducted on the basis that management and, when appropriate, those charged with governance,
acknowledge and understand that they have responsibility:
a. for the preparation and fair presentation of the basic financial statements in accordance with the framework
described in Audit Objectives above;
b. for the design, implementation, and maintenance of internal control relevant to the preparation and fair
presentation of basic financial statements that are free from material misstatement, whether due to error, for
fraudulent financial reporting, misappropriation of assets, or violations of laws, governmental regulations, grant
agreements, or contractual agreements;
c. to provide us with:
i. access to all information of which management is aware that is relevant to the preparation and fair
presentation of the basic financial statements, and relevant to federal award programs, such as records,
documentation, and other matters;
ii. additional information that we may request from management for the purpose of the audit; and
iii. unrestricted access to persons within the BCRUA from whom we determine it necessary to obtain audit
evidence.
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d. for including the auditor’s report, and our report on any supplementary information if described above, in any
document containing the basic financial statements that indicates that such basic financial statements have been
audited by the BCRUA’s auditor;
e. for identifying and ensuring that the BCRUA complies with the laws and regulations applicable to its activities;
f. for adjusting the basic financial statements to correct material misstatements and confirming to us in the
management representation letter that the effects of any uncorrected misstatements aggregated by us during the
current engagement and pertaining to the current year under audit are immaterial, both individually and in the
aggregate, to the basic financial statements as a whole;
g. for maintaining adequate records, selecting and applying accounting principles, and safeguarding assets;
h. for identifying all federal awards expended during the period including federal awards and funding increments
received prior to December 26, 2014, and those received in accordance with the Uniform Guidance generally
received after December 26, 2014;
i. for preparing the schedule of expenditures of federal awards (including notes and noncash assistance received) in
accordance with the Uniform Guidance;
j. for the design, implementation, and maintenance of internal control over compliance;
k. For identifying and ensuring that the BCRUA complies with laws, regulations, grants, and contracts applicable to its
activities and its federal award programs;
l. For following up and taking corrective action on reported audit findings from prior periods and preparing a summary
schedule of prior audit findings;
m. For following up and taking corrective action on current year audit findings and preparing a corrective action plan
for such findings;
n. For submitting the reporting package and data collection form to the appropriate parties;
o. For making the auditor aware of any significant vendor relationships where the vendor is responsible for program
compliance;
p. with regard to the supplementary information referred to above: (a) for the preparation of the supplementary
information in accordance with the applicable criteria; (b) to provide us with the appropriate written representations
regarding supplementary information; (c) to include our report on the supplementary information in any document
that contains the supplementary information and that indicates that we have reported on such supplementary
information; and (d) to present the supplementary information with the audited basic financial statements, or if the
supplementary information will not be presented with the audited basic financial statements, to make the audited
basic financial statements readily available to the intended users of the supplementary information no later than
the date of issuance by you of the supplementary information and our report thereon;
q. informing us of facts that may affect the basic financial statements of which you may become aware during the
period from the date of the auditor’s report to the date the basic financial statements are issued;
r. for confirming your understanding of your responsibilities in this letter to us in your management representation
letter.
We understand that your employees will prepare all confirmations we request and will locate any documents or support for
any other transactions we select for testing.
If we agree herein or otherwise to perform any non‐attest services (such as financial statement preparation or any other
non‐attest services), you agree to assume all management responsibilities for those services; oversee the services by
designating an individual, preferably from senior management, with suitable skill, knowledge, or experience; evaluate the
adequacy and results of the services; and accept responsibility for them.
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GAGAS require that we document an assessment of the skills, knowledge, and experience of management, should we
participate in any form of preparation of the basic financial statements and related schedules or disclosures as these actions
are deemed a nonaudit/non‐attest service.
During the course of our engagement, we will request information and explanations from management regarding the
BCRUA’s operations, internal controls, future plans, specific transactions and accounting systems and procedures. At the
conclusion of our engagement, we will require, as a precondition to the issuance of our report, that management provide
certain representations in a written representation letter. The BCRUA agrees that as a condition of our engagement to
perform an audit that management will, to the best of its knowledge and belief, be truthful, accurate and complete in all
representations made to us during the course of the audit and in the written representation letter. The procedures we
perform in our engagement and the conclusions we reach as a basis for our report will be heavily influenced by the written
and oral representations that we receive from management. False or misleading representations could cause us to expend
unnecessary efforts in the audit; or, worse, could cause a material error or a fraud to go undetected by our procedures.
Fees and Invoicing
We estimate the fee for this engagement will be $38,584 for the financial statement audit and $4,500 for the single audit, for
a combined estimated fee of $43,084. The total fee for our services will be determined by the complexity of the work
performed and the tasks required. Individual hourly rates vary according to the degree of responsibility involved and the skills
required. The rates are subject to periodic review and may change at the beginning of each of our fiscal years (June 1st). It is
understood that neither our fees nor the payment thereof will be contingent upon the results of this engagement.
Our fee estimate is based on anticipated cooperation from all involved and the assumption that unexpected circumstances
will not be encountered during the engagement. Our engagement fees do not include consulting on the adoption of new
accounting standards and any future increased duties because of any regulatory body, auditing standard or an unknown or
unplanned significant transaction. If significant additional time is necessary, we will discuss the reasons with you and arrive
at a new fee estimate before we incur the additional costs.
In addition to the fee for our services, reasonable and necessary out‐of‐pocket expenses we incur (such as parking,
reproduction and printing, postage and delivery, and out‐of‐market travel, meals, and accommodations) will be invoiced at
cost. At this time, we do not anticipate incurring substantial expenses.
We will also invoice for reasonable and necessary time and out‐of‐pocket expenses we incur to respond to any request (such
as a subpoena, summons, court order, or administrative investigative demand) pertaining to this engagement in a legal matter
to which we are not a party. Our time to facilitate the response will be billed at our then‐current standard hourly rates, and
our expenses (including attorney’s fees) will be billed at cost. If we agree to perform additional substantive services related
to or arising out of the request, such matters may be the subject of a new engagement letter.
Our invoices are payable in accordance with Texas Government Code § 2251.021.
Ethical Conflict Resolution
In the unlikely event that circumstances occur which we in our sole discretion believe could create a conflict with either the
ethical standards of our firm or the ethical standards of our profession in continuing our engagement, we may suspend our
services until a satisfactory resolution can be achieved or we may resign from the engagement. We will notify you of such
conflict as soon as practicable, and will discuss with you any possible means of resolving them prior to suspending our
services.
The hiring of or potential employment discussions with any of our personnel could impair our independence. Accordingly,
you agree to inform the engagement partner or equivalent prior to any such potential employment discussions taking place.
Audit Documentation and Confidentiality
The audit documentation we prepare pertaining to and in support of this engagement is our property and constitutes
confidential information. If we are requested to make the audit documentation available to outside parties, except in the
case of requests during our peer review (discussed below) or when prohibited by law or direction of law enforcement, any
such requests will be discussed with you before we make the documentation available to the requesting parties.
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Depending on the requirements of this engagement, we may use the services of our affiliate, Weaver and Tidwell India LLP,
a limited liability partnership incorporated in India, or one or more other third‐party service providers to assist us. Before
sharing confidential information with those service providers, we will (i) secure agreements to maintain the confidentiality of
confidential information and ensure the confidential information is only used for the purpose of assisting us with the
performance of this engagement and (ii) take commercially reasonable precautions to determine the service providers have
appropriate procedures in place to prevent the unauthorized disclosure of confidential information. If we use such service
providers, we will remain responsible for all work performed and any breach of our confidentiality arrangements by those
service providers.
We may be requested to make certain audit documentation (working papers) available to regulators and other government
agencies, pursuant to authority given by law or regulation. You should understand that responding to many such requests is
mandatory. In those cases, access to such working papers will be provided under our supervision and we may, upon their
request, provide the regulator or agency with copies of all or selected working papers. The requesting party may intend or
decide to distribute the copies or information contained therein to others, including other regulators or agencies. You will be
billed for additional fees as a result of the aforementioned work.
Our firm, as well as other accounting firms, participates in a peer review program covering our audit and accounting practices.
This program requires that once every three years, we subject our system of quality control to an examination by another
accounting firm. As part of this process, the firm conducting our peer review will review a sample of our work. It is possible
that the work we perform for you may be selected for such a review. If it is, our peer review firm is bound by professional
standards to keep all information confidential and we are required to provide the required information.
It is expected that prior to the conclusion of the engagement, sections of the Data Collection Form will be completed by our
firm. The sections that we will complete summarize our audit findings by federal grant or contract. Management is
responsible to submit the reporting package (defined as including basic financial statements, schedule of expenditures of
federal awards, summary schedule of prior audit findings, auditor’s reports, and corrective action plan) along with the Data
Collection Form to the federal audit clearinghouse. The instructions to the Data Collection Form require that the reporting
package be an unlocked, unencrypted, text searchable portable document file (PDF) or else it will be rejected by the Federal
Audit Clearinghouse. We will be available to assist management in creating the PDF if needed.
We will coordinate with you the electronic submission and certification upon the reporting package completion. If applicable,
we will provide copies of our report for you to include with the reporting package if there is a need to submit the package to
pass‐through entities.
The Data Collection Form and the reporting package must be submitted within the earlier of 30 days after receipt of our
reports or nine months after the end of the audit period.
We will retain our audit documentation for a period of at least seven years from the date of our report. You agree that
following such period, we may destroy the audit documentation without notice to you.
To maintain independence, we will not act as the host of your financial or non‐financial information or as your information
back‐up service provider. Instead, it is your responsibility to maintain a complete set of your financial and non‐financial data
and records. If some portion of your data and records is contained only within our files, you agree to inform us before the
issuance of our report and we will provide that to you.
Except as may be noted herein, the parties do not intend this engagement letter to be for the benefit of any third‐party. You
may inform us of third‐parties who will receive a copy of our report. Unless you inform us of such third‐parties in writing, we
are not aware of who you intend to supply our report to and we do not anticipate any such third‐parties’ reliance upon our
professional services unless expressly stated herein.
In order to facilitate this engagement, we may transmit and store data via email, the cloud, or other electronic and Internet‐
based mechanisms. Please be aware that those mediums inherently pose a risk of misdirection or interception of confidential
information. Any request you have to limit such transmissions or use a different means of transmission or storage must be
made in writing and you will be responsible for any resulting compromise in data security.
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Dispute Resolution Procedure including Jury Waiver
If a dispute arises out of or relates to this engagement or engagement letter, or the breach thereof, and if the dispute cannot
be settled through negotiation, the parties agree first to try in good faith to settle the dispute by mediation before resorting
to litigation. In such event, the parties will attempt to agree upon a location, mediator, and mediation procedures, but absent
such agreement any party may require mediation in Houston, Texas, administered by the AAA under its Commercial
Mediation Procedures.
This engagement letter and all disputes between the parties shall be governed by, resolved, and construed in accordance
with the laws of the State of Texas, without regard to conflict‐of‐law principles. Any action arising out of or relating to this
engagement or engagement letter shall only be brought in, and each party agrees to submit and consent to the exclusive
jurisdiction of the federal or state courts in the State of Texas and convenience of those situated in Harris County, Texas.
Each party hereby irrevocably waives any right it may have to trial by jury in any proceeding arising out of or relating to this
engagement or this engagement letter.
Whenever possible, this engagement letter shall be interpreted in such a manner as to be effective and valid under applicable
laws, regulations, or published interpretation, but if any term of this engagement letter is declared illegal, unenforceable, or
unconscionable, that term shall be severed or modified and the remaining terms of the engagement letter shall remain in
force. The parties agree that the court should modify any term declared to be illegal, unenforceable, or unconscionable in a
manner that will retain the intended term as closely as possible.
If because of a change in status or due to any other reason, any provision in this engagement letter or any other contract we
have with you, or enter into, would be prohibited by, or would impair our independence for this engagement under laws,
regulations or published interpretations by governmental bodies, professional organizations or other regulatory agencies,
such provision shall, to that extent, be of no further force and effect and the contract shall consist of the remaining portions.
Miscellaneous
In accordance with the requirements of Government Auditing Standards, we have attached a copy of the latest external peer
review report of our firm for your consideration and files.
We may at times provide you with documents marked as drafts. You understand that those documents are for your review
purposes only. You should not rely upon those documents in any way.
Although the engagement partner or equivalent responsible for this engagement is a licensed certified public accountant, we
inform you that we have nonlicensees who may provide services pertaining to this engagement.
If you intend to make reference to our firm or include our report or any portion of it in a published document or other
reproduction, and that document or other reproduction includes a version of our report or the financial statements that is
assembled differently than any version we provided you or audited, you agree to provide us with printers’ proofs or masters
for our review and approval before reproducing. You also agree to provide us with a copy of the final reproduced material
for our written approval before it is distributed. If, in our professional judgment, the circumstances require, we may withhold
our approval. This requirement does not pertain to distributing our report or the financial statements when you do not modify
their assembly or in situations where you disseminate the audited financial statements as a standalone document, such as
on your website.
This engagement letter sets forth all of the agreed upon terms and conditions of our engagement with respect to the matters
covered herein and supersedes any that may have come before. This engagement letter may not be amended or modified
except by further writing signed by all the parties. Any provisions of this engagement letter which expressly or by implication
are intended to survive its termination or expiration will survive and continue to bind the parties. The use of electronic
signatures or multiple counterparts to execute this engagement letter shall have the same force and effect as a manually or
physically signed original instrument.
[Signatures on Next Page]
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We appreciate the opportunity to assist you and look forward to working with you and your team.
Sincerely,
WEAVER AND TIDWELL, L.L.P.
Austin, Texas
Please sign and return a copy of this letter to indicate your acknowledgment of, and agreement with, the arrangements for
our engagement as described herein, including each party’s respective responsibilities. By signing below, the signatory also
represents that they have been authorized to execute this agreement.
Brushy Creek Regional Utility Authority, Inc.
By:
Printed Name:
Title:
Date:
Sam Roberts
General Manager
7/31/2024
Report on Firm’s System of Quality Control
September 19, 2022
To the Partners of Weaver & Tidwell, L.L.P.
and the National Peer Review Committee
We have reviewed the system of quality control for the accounting and auditing practice of Weaver & Tidwell,
L.L.P. (the firm) applicable to engagements not subject to PCAOB permanent inspection in effect for the year
ended May 31, 2022. Our peer review was conducted in accordance with the Standards for Performing and
Reporting on Peer Reviews established by the Peer Review Board of the American Institute of Certified Public
Accountants (Standards).
A summary of the nature, objectives, scope, limitations of, and the procedures performed in a system review as
described in the Standards may be found at www.aicpa.org/prsummary. The summary also includes an
explanation of how engagements identified as not performed or reported in conformity with applicable
professional standards, if any, are evaluated by a peer reviewer to determine a peer review rating.
Firm’s Responsibility
The firm is responsible for designing a system of quality control and complying with it to provide the firm with
reasonable assurance of performing and reporting in conformity with applicable professional standards in all
material respects. The firm is also responsible for evaluating actions to promptly remediate engagements
deemed as not performed or reported in conformity with professional standards, when appropriate, and for
remediating weaknesses in its system of quality control, if any.
Peer Reviewer’s Responsibility
Our responsibility is to express an opinion on the design of and compliance with the firm’s system of quality
control based on our review.
Required Selections and Considerations
Engagements selected for review included engagements performed under Government Auditing Standards,
including compliance audits under the Single Audit Act; audits of employee benefit plans, an audit performed
under FDICIA, and examinations of service organizations [SOC 1 and SOC 2 engagements].)
As a part of our peer review, we considered reviews by regulatory entities as communicated by the firm, if
applicable, in determining the nature and extent of our procedures.
Opinion
In our opinion, the system of quality control for the accounting and auditing practice of Weaver & Tidwell, L.L.P.
applicable to engagements not subject to PCAOB permanent inspection in effect for the year ended May 31,
2022, has been suitably designed and complied with to provide the firm with reasonable assurance of
performing and reporting in conformity with applicable professional standards in all material respects. Firms can
receive a rating of pass, pass with deficiency(ies) or fail. Weaver & Tidwell, L.L.P. has received a peer review
rating of pass.
Eide Bailly LLP
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