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City of Redwood City <br />Independence <br />6.1.A. - Page 19 <br />The Firm meets the independence requirements as defined by the GAO's Standards for Audit of <br />Govemmental Organizations, Programs, Activities and Functions, and the AICPA and California <br />State Society of Certified Public Accountants as promulgated in various auditing and professional <br />standards for the Authority. <br />License to Practice in California <br />The Firm and all key professional staff assigned to the City's audit are properly licensed to practice <br />as Certified Public Accountants in the State of California and comply with GAO Government <br />Auditing Standards. <br />The Firm is registered with the California State Board of Accountancy. Its State number is <br />COR5915. <br />The Firm has met all required State and local laws, rules, and regulations. <br />Insurance <br />The Firm is registered with the California State Board of Accountancy. Its State number is <br />COR5915. <br />The Firm has met all required State and local laws, rules, and regulations. <br />Caporieci & Larson, CPAs 1 1 <br />