I. Review the prior year portfolios, adjustments, legal matches the structure of the entity; II. Understanding the entity and the environment the environment in which it operates; III. Preliminary analytical review that may affect the financial statements; IV. Identifying related parties and the nature of their transactions; V. Identify and appropriately assess controls over relevant processes; VI. Evaluate the risks on relevant processes; - Summarize all identified distortions and internal control deficiencies; - Consider whether the results of the substantive procedures indicate that there is continuity of operations; - Review the responses of legal counsel and assess which liabilities and/or contingencies the entity has that could materially affect the financial statements; - Form an opinion based on all aspects identified - Prepare the representation letter. - Prepare the financial statements; - Prepare the letter of recommendations;