The audit report shall include the following: a. The auditors' opinion report on the financial statements and on a schedule of Federal assistance, showing the total expenditures for each Federal assistance program as identified in the Catalog of Federal Domestic Assistance and all other Federal programs and grants, which have not been, assigned catalog numbers. b. The auditor's report on the study and evaluation of internal control systems and it must identify the organization's significant internal accounting controls, and those controls designed to provide reasonable assurance that Federal programs are being managed in compliance with laws and regulations. This is managed in compliance with laws and regulations. This report must identify the controls, which were not evaluated, and the material weaknesses identified as a result of the evaluation. c. The auditor's report on compliance containing: 1. A statement of positive assurance with respect to those items tested for compliance including compliance with laws, rules and regulations pertaining to non-major programs and other items which could have a material effect on financial reports and claims for advances and reimbursements. In addition, the auditor's report must disclose whether the organization has complied with laws and regulations that may have a material effect on each major federal assistance program...
