a. The Auditor shall audit the accounts and records of the Authority for the twelve, (12), month period ending December 31, 2024, (1) in accordance with generally accepted and government auditing standards, the auditing and reporting provisions of OMB Circular A-133 and HUD Notice PIH 97-30 and (2) in conformance with the State of New Jersey Statutes and Regulations, New Jersey Code 5:31.7, (Code 5:31.7 attached hereto). b. The audit performed shall be sufficient in scope to enable the Contractor to express an opinion in the audit report on the financial statements of the Authority, prepared in accordance with Generally Accepted Accounting Principles, (GAAP). c. Perform all the services and comply with all the terms and conditions, as set forth in the Agreement for Audit Services.
