The OMB Uniform Guidance specifies several reports that the auditor must submit for each single audit engagement. These reports can be in the form of separate reports for each requirement or a few combined reports. The auditors report on the financial statements should indicate that the audit was conducted in accordance with GAAS and GAGAS. The required single audit reports, whether made as separate reports or combined, must include18

1. An opinion (or disclaimer of opinion) as to whether the financial statements are presented fairly in all material respects in accordance with GAAP and an opinion (or disclaimer of opinion) as to whether the schedule of expenditures of federal awards is fairly stated in all material respects in relation to the financial statements as a whole.

2. A report on internal control over financial reporting and compliance with provisions of laws, regulations, contracts, and award agreements, noncompliance with which could have a material effect on the financial statements. This report must describe the scope of testing of internal control and compliance and the results of the tests, and, where applicable, it will refer to the separate schedule of findings and questioned costs described in item 4 below.

3. A report on compliance for each major program and a report on internal control over compliance. This report must describe the scope of testing of internal control over compliance; include an opinion or disclaimer of opinion as to whether the auditee complied with federal statutes, regulations, and the terms and conditions of federal awards that could have a direct and material effect on each major program; and refer to the separate schedule of findings and questioned costs described in item 4 below.

4. A schedule of findings and questioned costs containing the following:

(a) A summary of the auditors results, including such information as type of opinion rendered on the financial statements, significant deficiencies or material weaknesses relating to internal control, material noncompliance affecting the financial statements, major programs audited, type of opinion on compliance for major programs and significant deficiencies or material weaknesses in internal control affecting major programs, other audit findings, identification of major programs, the dollar threshold used to distinguish between Type A and Type B programs, and a statement as to whether the auditee qualified as low risk.

(b) Findings related to the financial statements, which are required to be reported under GAGAS.

(c) Audit findings and questioned costs. Audit findings are discussed next.19

Reck, Jacqueline; Reck, Jacqueline. Accounting for Governmental & Nonprofit Entities (p. 472). McGraw-Hill Higher Education. Kindle Edition.

Reck, Jacqueline; Reck, Jacqueline. Accounting for Governmental & Nonprofit Entities (p. 471). McGraw-Hill Higher Education. Kindle Edition.