The audit is to be performed in accordance with accounting principles generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. The Single Audit will include those requirements defined in the U.S. Office of Management and Budget Circular A-133, Audits of States, Local Government, and Non-Profit Organizations. The reporting requirements are as follows: • Independent Auditors' Report on BURA’s basic financial statements and supplementary information. • Independent Auditors' Report on Schedule of Expenditures of Federal Awards. • Independent Auditors' Report on Supplementary Information. • Independent Auditors' Report on Internal Control over Financial Reporting and on Compliance and Other Matters Based upon an Audit of Financial Statements Performed in Accordance with Government Auditing Standards. • Independent Auditors' Report on Compliance with Requirements That Could Have a Direct and Material Effect on Each Major Program and on Internal Control over Compliance in Accordance with OMB Circular A-133. • Completion of the Data Collection Form for Reporting on Audits of States, Local Governments and Non-Profit Organizations. • Management letter reporting any material weakness, significant deficiency in internal control, and other matters, as required by applicable auditing standards. • A report on matters required to be communicated under SAS 61, as amended by SAS 89 and 90. • Presentations as requested by the City Comptroller. • If requested, a presentation of the above to the BURA Board of Directors or the Buffalo Common Council.
