Which of the following is included in the Single Audit Reports as specified by OMB A-133?

The inclusion of the opinion of financial statement presentation in the Single Audit Reports as specified by OMB A-133 is rooted in the requirement for transparency and accountability in the use of federal funds. The Single Audit is designed to provide assurance that an entity is complying with federal regulations and properly managing funds received from the federal government.

When auditors perform the Single Audit, they assess the financial statements prepared by the entity to ensure that they fairly present the financial position and results of operations in accordance with generally accepted accounting principles (GAAP). This opinion is crucial because it gives stakeholders and the federal government confidence that the entity is handling taxpayer money responsibly and that the financial statements are reliable.

The other options provided do not align with the focus of the Single Audit. Evaluating marketing effectiveness, conducting employee satisfaction surveys, and assessing project management practices are not financial presentations or compliance assessments; instead, they focus on internal operations and performance metrics, which are outside the scope of what OMB A-133 requires in Single Audit Reports. These other evaluations may be valuable for an organization’s strategic planning and management, but they do not fulfill the federal accountability requirements dictated by the audit process.