A. Audit Financial Statements – Auditor shall express an opinion on the fairness of Financial Statements by performing an examination to determine if they are presented fairly, in all material respects, in conformity with generally accepted accounting principles. B. An examination to determine whether operations are properly conducted in accordance with legal and regulatory requirements. C. Examine any additional financial information necessary to comply with generally accepted accounting principles. D. Audit of Supplemental Schedules and Statistical Schedules – The auditor shall be responsible for performing certain limited procedures involving required supplementary information required by the Governmental Accounting Standards Board as mandated by general accepted auditing standards. E. Internal Controls and Compliance Auditing – the auditor shall consider, test and report on internal controls and perform tests and report on compliance in accordance with auditing standards general accepted in the United States of America and standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller of the United States.
