Which report is specifically prepared in accordance with Circular A-133?

The Single Audit report is specifically prepared in accordance with Circular A-133, which is a guideline established by the Office of Management and Budget (OMB) for federal funding recipients. The purpose of Circular A-133 is to streamline the audit process for state and local governments and non-profit organizations that receive federal financial assistance.

A key feature of the Single Audit is that it combines the financial audit and the compliance audit into one report. This allows auditors to assess not only the financial statements but also the effectiveness of internal controls and compliance with federal regulations, thus providing a comprehensive view of how federal funds have been used. This dual focus is crucial for ensuring accountability and transparency in the use of taxpayer dollars.

In contrast, the financial statement report focuses solely on the accuracy of the financial records, while the management report and audit findings report, although important, do not specifically conform to the requirements laid out in Circular A-133. The Single Audit report's unique structure and content make it the correct answer for this question.