Specifications include, but are not limited to: A report on the fair presentation of the basic financial statements in conformity with generally accepted accounting principles, including an opinion on the fair presentation of the combining and individual fund financial statements, supplemental information and the schedule of expenditures of federal awards in relation to the audited basic financial statements. 2. A report on internal control over financial reporting and on compliance and other matters based on and audit of financial statements performed in accordance with government auditing standards. 3. A report on compliance with requirements applicable to each major federal assistance program and internal control over compliance in accordance with OMB Circular A-133.