Specifications include, but are not limited to: A.Audit of the financial statements of the University of Missouri System Conduct an annual audit in compliance with generally accepted government auditing standards and render an independent audit opinion on the general purpose system-wide financial statements for the University of Missouri System and its blended component units. The University presents its dual year financial statements according to the business-type activity model allowed under GASB Statement No. 35. The University’s single employer pension plan and other postemployment benefit plan are presented as part of the University’s consolidated financial statements. B.Compliance audit of the University of Missouri System in accordance with OMB Uniform GuidanceConduct an annual, single audit to satisfy the audit requirement established by the U.S. Office of Management and Budget (OMB) Uniform Guidance for major federal financial assistance programs and sponsored activities administered by the University of Missouri System. The University anticipates no less than six major programs each audit year. C.Audit of the financial statement of MU Health CareMaintain a separate audit team for the MU Health Care financial information in conjunction with the annual audit of the University in compliance with generally accepted government auditing standards. MU Health Care’s financial performance is reflected in the University’s consolidated financial report. A separate audit report will not be issued for MU Health Care.