Specifications include, but are not limited to: Following the completion of the audit of the fiscal year’s financial statements, the auditor shall issue: 1. A report on the fair presentation of the financial statements in conformity with generally accepted accounting principles, including an opinion on the fair presentation of the supplementary schedule of expenditures of federal awards in relation to the audited financial statements. 2. A report on compliance and internal control over financial reporting based on an audit of the financial statements performed in accordance with Government Auditing Standards. 3. A report on compliance and internal control over compliance applicable to each major federal program and on internal control over compliance in accordance with OMB audit requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance).