Example 2. Report on Internal Control Over Financial Reporting and on Compliance and Other Matters Based

Central Puget Sound Regional Transit Authority Single Audit Reports for the Year Ended December 31, 2004 CENTRAL PUGET SOUND REGIONAL TRANSIT AUTHORITY TABLE OF CONTENTS Audited Financial Statements Financial Statements as of and for the Years Ended December 31, 2004 and 2003 .........1 Single Audit Reports Independent Auditors’ Report on Compliance and on Internal Control Over Financial Reporting Based on An Audit of Financial Statements Performed in Accordance With Government Auditing Standards..........................................................................31 ’ Report on compliance With Requirements Applicable to Each Major Program and on Internal Control Over Compliance in Accordance With OMB Circular A-133 ...............................................................................................33 Supplemental Schedule of Expenditures of Federal Awards...........................................35 Supplemental Schedule of State and Local Financial Assistance ..................................36 Supplemental Schedule of Federal Award Findings and Questioned Costs..................37 Corrective Action Plan .........................................................................................................40 ƒƒƒƒƒCENTRAL PUGET SOUND REGIONAL TRANSIT AUTHORITY MANAGEMENT’S DISCUSSION AND ANALYSIS For the years ended December 31, 2004 and ...