Laserfiche WebLink
<br />- <br /> <br />Management and Budget. <br /> <br />4) The provisions of the Federal Single Audit Act (as amended). <br /> <br />5) The provisions of the Florida Single Audit Act (as amended). <br /> <br />6) Rules of the State of Florida Department of Banking and Finance <br />Regulations. <br /> <br />7) Statements on Auditing Standards (GAAS). <br /> <br />8) Rules of the Auditor General, State of Florida relating to Chapter 10.550. <br /> <br />9) Section 218.39, Florida Statutes, and any other applicable Florida Statutes. <br /> <br />10) Other applicable federal, state and local laws or regulations or professional <br />guidance not specifically listed above as well as any additional requirements, <br />which may be adopted by these organizations in the future. <br /> <br />E. Reports to be Issued <br /> <br />Following the completion of the audit of the fiscal year's financial statements, the <br />auditor shall issue: <br /> <br />1. A report on the fair presentation of the basic financial statements as a whole, in <br />conformity with generally accepted accounting principles. <br /> <br />2. An "in relation to" report on the combining and individual fund financial <br />statements and supporting schedules. <br /> <br />3. A report on internal control structure based on the auditor's understanding of the <br />control structure and assessment of control risk. <br /> <br />4. A report on compliance with laws and regulations. <br /> <br />5. A "management letter" required by Section 10.554(g) of the rules of the Auditor <br />General of the State of Florida. <br /> <br />6. Reports required by the Single Audit Act of 1996 and OMB Circular A-133 to <br />include: <br /> <br />a. An "in relation to" report on the schedules of federal and state financial <br />assistance. <br /> <br />b. A report on compliance and on internal control over financial reporting <br />