Specifications include, but are not limited to: The City of Lewiston desires the auditor to express an opinion on the fair presentation of its general purpose financial statements, as presented in the Comprehensive Annual Financial Report, prepared by the Finance Director, in conformity with accounting principles generally accepted in the United States, and standards contained in the Government Auditing Standards, issued by the Comptroller General of the United States. The City also desires the auditor to express an opinion on the fair presentation of its governmental and business-type activities, the aggregated discretely presented component unit and each major fund, and the aggregated remaining fund information, in conformity with accounting principles generally accepted in the United States. The auditor is not required to audit the supporting schedules contained in the Comprehensive Annual Financial Report. However, the auditor is to provide an “in-relation-to” opinion on the supporting schedules applied during the audit of the basic financial statements. The auditor is not required to audit the Introductory Section or the statistical portions of the report. The auditor shall have the responsibility for performing certain limited procedures involving required supplementary information, including the Management Discussion & Analysis, required by the Governmental Accounting Standards Board (GASB) and by auditing standards generally accepted in the United States.
