cabin and senior manager with k png. i'm presenting the audit report for the public utilities commission. all right. the presentation will address the required communications to the commission in accordance with auditing standards and provide a high level summary of 2013 audit. to start with the audit process we have the responsibility to perform the audit in the auditing standards. first we consider the internal controls to the steps necessary to produce an effective audit approach. not to provide an opinion as you would do with the public trading company. we design an implement audit procedures to gain a reasonable but not absolute assurance as to the absence of material misstatements in the financial statement which means that we develop an audit performance