Specifications include, but are not limited to: 1. Report on the fair presentation of the financial statements in accordance with accounting principles generally accepted in the United States of America. 2. Report on compliance based on internal control over financial reporting and compliance and other matters based on an audit of the financial statements performed in accordance with Generally Accepted Government Auditing Standards. In this report, the selected Auditor shall communicate all deficiencies in internal controls identified and all instances of non-compliance which could have a material effect on the financial statements. 3. Report on compliance for each major program and on internal controls over compliance required by the Uniform Guidance. The selected Auditor shall communicate all instances of noncompliance with the specific requirements for major federal assistance programs in the report on compliance or in the Schedule of Findings and Questioned Costs, the Schedule shall be referred to in the selected Auditor’s report on compliance.
