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Village of Gowanda Audit Proposal For the Year Ended May 31, 2026 Presented by: R.A. Mercer & Co., P.C. In presenting the results of our audit, we will communicate with the Board in accordance with AICPA Statement of Auditing Standards (SAS) No. 114 which encompasses the significant accounting policies, judgments, and estimates included in the financial statements, audit adjustments, and an affirmation that there were, or were not, disagreements with management, major issues arising during the audit, or difficulties encountered in performing the audit. A SAS 114 letter will be presented with financial statements, accountants’ report, and management letter. Identification of Anticipated Potential Audit Problems Should any major problems be encountered during the performance of the audit, we will discuss them with the appropriate Village personnel to arrive at appropriate plans and strategies to address them. 10