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For an audio copy of this report on cassette tape, email the APH Advisory Services Department or call 1-502-895-2405.
November 15, 2002
Board of Trustees
American Printing House
for the Blind, Inc.
Louisville, Kentucky
We have audited the accompanying statements of financial position of American Printing House for the Blind, Inc. as of September 30, 2002 and 2001 and the related statements of activities and cash flows for the years then ended. These financial statements are the responsibility of the Organization's management. Our responsibility is to express an opinion on these financial statements based on our audits.
We conducted our audits in accordance with auditing standards generally accepted in the United States of America. 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 provide a reasonable basis for our opinion.
In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of American Printing House for the Blind, Inc. as of September 30, 2002 and 2001 and the changes in its net assets and its cash flows for the years then ended in conformity with accounting principles generally accepted in the United States of America.
COTTON AND ALLEN, P.S.C.
©2003, American Printing House for the Blind, Inc.