AUDIT AGREEMENT

Audit Agreement

An engagement letter from Northwind Studio (the "Auditor") to Acme Co (the "Client") confirming the audit services, responsibilities, and fees for the coming period.

Dear Acme Co,

This letter confirms the audit services that Northwind Studio (the "Auditor") will provide to Acme Co (the "Client") for the current engagement period. Countersigning this letter authorizes the Auditor to begin work on the terms set out below.

1. SCOPE OF ENGAGEMENT

The Auditor will audit audit services as described here. Financial statement audit, procedures, and reporting. Work outside this scope is available on a separate written engagement.

2. CLIENT RESPONSIBILITIES

The Client will provide the Auditor with all information, documents, and access reasonably needed to perform the services, will respond to information requests within five (5) business days, and will confirm the accuracy of deliverables before they are filed or shared with third parties.

3. TIMING AND DELIVERY

The Auditor will deliver interim results on the cadence agreed with the Client and will complete the engagement by the deadline set out on the acceptance page.

4. FEES

The Client will pay the Auditor the fees set out in the table below. Invoices are due within fifteen (15) days of receipt. Amounts unpaid after that date accrue interest at one and one-half percent (1.5%) per month.

5. INDEPENDENT PROFESSIONAL

The Auditor performs the services as an independent professional and not as an employee of the Client. The Auditor is responsible for its own taxes, benefits, and business expenses.

6. CONFIDENTIALITY

The Auditor will hold in confidence all non-public Client information and use it only for purposes of performing the engagement. Confidentiality obligations survive termination.

7. RECORDS AND RETENTION

The Auditor will retain working papers for seven (7) years in accordance with professional standards. Original documents remain the Client's property and are returned on request.

8. TERMINATION

Either party may terminate this engagement on thirty (30) days written notice. Fees earned through the termination date remain due, and the Auditor will deliver work in progress within fifteen (15) days of the effective date.

9. LIMITATION OF LIABILITY

The Auditor's total liability under this engagement is limited to the fees paid in the twelve (12) months preceding the event giving rise to the claim. Neither party is liable for indirect, incidental, or consequential damages. This limitation does not apply to fraud or willful misconduct.

10. GENERAL

This engagement is governed by the laws of the state in which the Auditor is based. This letter represents the parties' complete understanding of the engagement and supersedes any prior written or verbal understanding.

Acceptance

THE PARTIES HERETO AGREE TO THE FOREGOING AS EVIDENCED BY THEIR SIGNATURES BELOW. This Agreement is valid for thirty (30) days from the date on the cover.