Specifications include, but are not limited to: The Contractor shall audit the statement of net position of the Authority as of June 30, 2024 [ ( a n d f o r s u b s e q u e n t y e a r s a s p r o v i d e d f o r i n a n y c o n t r a c t e x t e n s i o n ) ] and the related statements of revenues, expenses, and changes in net position and cash flows for the year then ended, for the purpose of expressing an opinion on them. Accounting standards generally accepted in the United States provide for certain required supplementary information (RSI), such as management’s discussion and analysis (MD&A), to supplement the basic financial statements. Such information, although not a part of the basic financial statements, is required by the Governmental Accounting Standards Board who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational, economic, or historical context. The Contractor will apply certain limited procedures to the MD&A in accordance with auditing standards generally accepted in the United States. These limited procedures will consist of inquiries of management regarding the methods of preparing the MD&A and a comparison of the information for consistency with management’s responses to the inquiries, the basic financial statements, and other knowledge obtained during the audit of the basic financial statements. The Contractor will not express an opinion or provide any assurance on the MD&A because the limited procedures do not provide the Contractor with sufficient evidence to express an opinion or provide any assurance.