Specifications include, but are not limited to: services of an independent public accounting firm for the annual financial audit. The organization-wide audit will encompass the basic financial statements for government-wide and fund financial statements, required supplementary information, and other schedules for MISD for the fiscal year ending June 30, 2020. ; determine whether (1) the financial statements present fairly the financial position, results of operations, and cash flows or changes in financial positions in accordance with generally accepted accounting principles, and (2) whether MISD has complied with laws and regulations for those transactions and events that may have a material effect on the financial statements.