Audiovox 2010 Annual Report Download - page 116

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McGladrey & Pullen
Certified Public Accountants
Report of Independent Registered Public Accounting Firm
To the Members
Audiovox Specialized Applications, LLC and Subsidiary
Elkhart, Indiana
We have audited the accompanying consolidated balance sheets of Audiovox Specialized Applications, LLC and Subsidiary as of
November 30, 2009 and 2008, and the related consolidated statements of income, members' equity, and cash flows for each of the
three years in the period ended November 30, 2009. These financial statements are the responsibility of the Company's
management. Our responsibility is to express an opinion on these financial statements based on our audits.
We conducted our audits in accordance with standards of the Public Company Accounting Oversight Board (United States). Those
standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of
material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial
statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as
evaluating the overall financial statement presentation. We believe that our audits provided a reasonable basis for our opinion.
In our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the financial position of
Audiovox Specialized Applications, LLC and Subsidiary as of November 30, 2009 and 2008 and the results of their operations and
their cash flows for each of the three years in the period ended November 30, 2009, in conformity with U.S. generally accepted
accounting principles.
/s/ McGladrey & Pullen, LLP
Elkhart, Indiana
March 5, 2010
McGladrey & Pullen, LLP is a member firm of RSM International –
an affiliation of separate and independent legal entities.
3
Source: AUDIOVOX CORP, 10-K, May 14, 2010 Powered by Morningstar® Document Research℠