Section 1131.4 - Audit Report Format(a) It is suggested that the audit report be prepared in accordance with the following general format. Supplementary information such as schedules, comments, and statistical table are optional and often enhance the usefulness of a report. (3) Scope, opinion and other necessary paragraphs(4) Basic financial statements of each fund:(B) Statement of revenues and expenditures(C) Statement of changes in fund balance(D) Statement of changes in financial position (enterprise activities only)(5) Supplementary information (A) Schedules 5. Expense or expenditure detail(b) Comments (if too extensive to be covered in schedules or the letter of transmittal) (1) Organization and description of the district(c) Statistical tables if applicable(2) Statement of tax levies, tax collections, and tax delinquencies(3) Other tables The AICPA Industry Audit Guide: Audits of State and Local Governmental Units contains additional guidance on audit reports.
Cal. Code Regs. Tit. 2, § 1131.4
Note: Authority cited: Section 26909(b), Government Code. Reference: Sections 6505 and 26909(b), Government Code.