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RSM <br />independent Auditor's Report RSM US LLP <br />Board of Directors <br />Selge Construction Company, Inc <br />Opinion <br />We have audited the financial statements of Selge Construction Company, Inc. (the Company), which <br />comprise the balance sheets as of February 28, 2023 and 2022, the related statements of income, <br />stockholders' equity, and cash flows for the years then ended, and the related notes to the financial <br />statements. <br />In our opinion, the accompanying financial statements present fairly, in all material respects, the financial <br />position of the Company as of February 28, 2023 and 2022, and the results of its operations and its cash <br />flows for the years then ended in accordance with accounting principles generally accepted in the United <br />States of America. <br />Basis for Opinion <br />We conducted our audits in accordance with auditing standards generally accepted in the United States <br />of America (GAAS). Our responsibilities under those standards are further described in the Auditor's <br />Responsibilities for the Audit of the Financial Statements section of our report. We are required to be <br />independent of the Company and to meet our other ethical responsibilities, in accordance with the <br />relevant ethical requirements relating to our audits. We believe that the audit evidence we have obtained <br />is sufficient and appropriate to provide a basis for our audit opinion. <br />Responsibilities of Management for the Financial Statements <br />Management is responsible for the preparation and fair presentation of the financial statements in <br />accordance with accounting principles generally accepted in the United States of America, and for the <br />design, implementation, and maintenance of internal control relevant to the preparation and fair <br />presentation of financial statements that are free from material misstatement, whether due to fraud or <br />error. <br />In preparing the financial statements, management is required to evaluate whether there are conditions or <br />events, considered in the aggregate, that raise substantial doubt about the Company's ability to continue <br />as a going concern within one year after the date that the financial statements are issued or available to <br />be issued. <br />Auditor's Responsibilities for the Audit of the Financial Statements <br />Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are <br />free from material misstatement, whether due to fraud or error, and to issue an auditor's report that <br />includes our opinion. Reasonable assurance is a high level of assurance but is not absolute assurance <br />and therefore is not a guarantee that an audit conducted in accordance with GAAS will always detect a <br />material misstatement when it exists. The risk of not detecting a material misstatement resulting from <br />fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional <br />omissions, misrepresentations, or the override of internal control. Misstatements are considered material <br />if there is a substantial likelihood that, individually or in the aggregate, they would influence the judgment <br />made by a reasonable user based on the financial statements. <br />THE POWER OF 13E4Nr UNDERSTOOD <br />AUDIT IAX. CONirUL: ,NU <br />