Specifications include, but are not limited to: To provide a basis for an opinion by the CONTRACTOR on the fair presentation of the CITY’s general purpose financial statements in conformity with generally accepted accounting principles covering all of the agencies and operations for which the CITY is responsible. The CONTRACTOR is not required to audit the combining and individual fund and account group financial statements and supporting schedules. However, the CONTRACTOR is to provide an “in-relation-to” report on the combining and individual fund financial statements and supporting schedules based on the auditing procedures applied during the audit of the general purpose financial statements. The CONTRACTOR is not required to audit the statistical section of the report. The CONTRACTOR 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 CONTRACTOR is not required to audit the schedule of federal financial assistance. However, the CONTRACTOR is to provide an “inrelation-to” report on that schedule based on the auditing procedures applied during the audit of the financial statements.