(1) Audit Report. Are the financial statements in the report audited by an independent CPA, state auditors, or auditors employed by the government being audited? Does the auditor indicate who is responsible for preparing the financial statements? Does the auditor express an opinion that the statements are "in accordance with gencrally accepted accounting principles applicable to governmental entities in the United States" or some other phrase? Is the opinion qualified in some manner, disclaimed, or adverse? Does the auditor indicate that the opinion covers the basic financial statements or that plus combining statements? (2) Basic Financial Statements. Does the CAFR contain the two governmentwide financial statements and seven fund statements and required reconciliation? (3) Notes to the Financial Statements. How many notes follow the required basic financial statements? Is there a phrase at the bottom of the basic financial statements indicating that the notes are an integral part of the financial statements? (4) Individual Fund and Combining Statements. Following the notes to the financial statements, does the CAFR provide combining and individual fund statements? Do these combining statements aggregate all the funds of a given fund type or all the nonmajor funds? (5) Management's Discussion and Analysis (MD\&A). Does the CAFR contain an MD\&A? If so, where is it located and what type of information does it contain