Audit procedures continued for Finding contingencies 2 Analyze legal expense for the period under audit and review invoices and statements from legal counsel 2 Obtain a letter for each major attorney performing legal services 2 Review working papers for any information that may indicate a potential contingency. 2 Examine letters of credit in force as of the balance sheet date and obtain a confirmation of the used and unused balance Arens, Loebbecke, Auditing, &/E o2000 by Prentice Hall, IlArens, Loebbecke; Auditing, 8/E © 2000 by Prentice Hall, Inc. Analyze legal expense for the period under audit and review invoices and statements from legal counsel. Obtain a letter for each major attorney performing legal services. Review working papers for any information that may indicate a potential contingency. Examine letters of credit in force as of the balance sheet date and obtain a confirmation of the used and unused balance. Audit Procedures for Finding Contingencies continued