Specifications include, but are not limited to: Objectives of the financial audit shall be conducted in compliance with standard auditing practices to include, but not limited to the following: a) An application control review of Dallas County’s core financial accounting system, the Oracle E-Business Suite, including an assessment of transactional and support applications. b) A separate Information Technology General Controls (ITGC) review of Dallas County’s IT system and organization. The details of this review should be delineated separately as an optional item. The major objectives of this review are: a. Evaluate the controls: Evaluate the adequacy of and the County’s compliance with the information technology (IT) system general internal controls. b. Obtain an understanding of the control environment: Obtain a sufficient understanding of the County’s IT system internal controls to plan related contract audit effort. This requires that the auditor assess the adequacy of the County's IT policies and procedures, whether they have been implemented, and if they are working and being monitored effectively. c. Document the understanding of the IT system general internal control in working papers and permanent files. d. Assess control risk: Assess the control risk as a basis to identify factors relevant to the design of substantive tests. e. Report the understanding and assessment: Report on the understanding of the IT system general internal controls and assessment of control risk and the adequacy of the system to perform as expected. c) Examine year-end financial statements and issue formal opinions as to their fairness, accuracy and comprehensiveness within the framework of the accounting and legal requirements for Dallas County and CSCD. d) Render an opinion on the County's CAFR, Single Audit, TJJD, Charter School, REAC, and CSCD’s annual financial reports in accordance with promulgated filing requirements. e) An examination of the schedules of grant receipts, disbursements, and changes in fund balance for those funds provided by the Texas Juvenile Justice Department (TJJD) to the Dallas County Juvenile Probation Department and the Charter School for the year ended at August 31, 2020 and subsequent years, consistent with procedures prescribed in contracts with TJJD and Texas Education Agency guidelines, with reports issued to the Dallas County Juvenile Board and the Commissioners Court. f) For the County, IT environment perform an agreed upon audit procedure to test security of the environment and data in accordance with standardized reviews.