Specifications include, but are not limited to: 1.) The City desires the auditor to audit and express an opinion on the fair presentation of its basic financial statements, supplementary information and compliance reports in conformity with generally accepted accounting principles. The auditor shall also be responsible for performing certain limited procedures involving required supplementary information required by the Governmental Accounting Standards Board as mandated by generally accepted auditing standards. The auditor will also be required to provide the following audit and reporting services in conjunction with the City’s annual audit and comprehensive annual financial reports: 2.) Review and submission of the State’s Uniform Financial Report 3.) Management Letter 4.) Presentation to the City Council Audit Standards to be followed: 5.) To meet the requirements of this request for proposals, the audit shall be performed in accordance with generally accepted auditing standards as set forth by the American Institute of Certified Public Accountants, the standards for financial audits set forth in the U.S. General Accounting Office’s Government Auditing Standards, and the State of Maryland’s audit requirements enumerated in Sections 16-305 and 16-306, Local Government Article, Annotated Code of Maryland, and the Audit Guidelines of the Department of Legislative Services, Office of Legislative Audits, Maryland General Assembly.