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d. A schedule of findings and questioned costs for the Federal program <br /> that includes a summary of the auditor's results relative to the Federal <br /> program in a format consistent with Section .505(d)(1), OMB Circular <br /> No. A-133, and findings and questioned costs consistent with the <br /> requirements of Section .505(d)(3), OMB Circular No. A-133. <br /> 5. Standards for Reporting on Specific Areas of Concern <br /> With respect to reporting on specific areas of concern, sufficient detail shall be <br /> included to enable the Council to understand the underlying causes of <br /> problems reported and to assist in implementing or devising corrective action. <br /> At a minimum, the report shall contain a statement of the examination <br /> objectives and approach; a descriptive statement and an evaluation of each <br /> problem revealed by the examination; and findings and recommendations. <br /> 6. The Government Finance Officers Association (GFOA) Certificate of <br /> Achievement Program <br /> The Contract Auditor shall assist the County in preparing its Comprehensive <br /> Annual Financial Report to ensure that it goes beyond the minimum reporting <br /> requirements of generally accepted accounting principles to achieve the <br /> expanded reporting requirement of the Government Finance Officers <br /> Association Certificate of Achievement Program. <br /> <br /> D. Reports To Be Issued <br /> 1. Preliminary Draft Report. The Contract Auditor shall prepare a preliminary <br /> draft report, which shall be submitted to the County Legislative Auditor for <br /> review and discussion. The audit work papers referred to below shall be made <br /> available at that time. After the preliminary draft report has been reviewed by <br /> and discussed with the County Legislative Auditor and changes, if any, have <br /> been made to the draft report, the report will be transmitted by the County <br /> Legislative Auditor to officials of the agencies affected by the audit. A written <br /> response regarding the audit findings and recommendations shall be secured <br /> from the officials of the agencies affected by the audit, and such comments <br /> shall be incorporated as part of the final audit report. The number of copies <br /> submitted will be determined by the County Legislative Auditor. <br /> 2. Final Report shall be submitted to the County Legislative Auditor. The audit <br /> work required by these specifications shall be considered to have been <br /> completed only upon delivery of the final report acceptable to the County. The <br /> Financial Audit Report for the Fiscal Year Ended June 30, 2000, is included as <br /> Appendix A. <br /> -8- <br /> <br />