Specifications include, but are not limited to: The following is a summary of the scope of work to be performed by the selected firm for the City for the fiscal years ending June 30, 2019, 2020 and 2021, with options for the fiscal years ending June 30, 2022 and 2023: 1. The firm will perform a financial audit of all funds and financial statements of the City. The audit will be conducted in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States. The firm will prepare and do the word processing of the City’s Comprehensive Annual Financial Report (“CAFR”) in full compliance with Governmental Accounting Standards Board (“GASB”) Statement No. 34. The City’s Finance Department will prepare the Transmittal Letter, Management’s Discussion and Analysis (“MD&A”) and Statistical Section. The City will submit the CAFR to the Government Finance Officers Association (“GFOA”) for review in their Certificate of Achievement for Excellence in Financial Reporting program. The City has received this award for the past eighteen years, anticipating the nineteenth for the CAFR submitted for the fiscal year ended June 30, 2018. 2. The firm will perform a Single Audit on the expenditures of federal awards in accordance with the Office of Management and Budget’s Uniform Guidance. The firm will render the appropriate independent auditors’ Reports on Internal Control over Financial Reporting and on Compliance and Other Matters based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards, and Report on Compliance for Each Major Program, Report on Internal Control over Compliance, and Report on the Schedule of Expenditures of Federal Awards Required by the Uniform Guidance. The separately issued Single Audit Report will include the schedule of expenditures of federal awards, footnotes, findings and questioned costs, and follow up on prior audit findings where required.