An audit of the financial statements of the business-type activities and aggregate discretely presented component units of ASU which collectively comprise the University's financial statements. Reports include consideration of the results of the other auditors' testing of internal control over financial reporting that are reported on separately by those other auditors.

This follow-up to the 2001 landmark report, "Five Shoes Waiting to Drop on Arizona's Future," focuses on the projected future of the state if Arizona fails to address its Latino educational attainment gap. The publication is more of an economic impact statement than an education report, with indicators pointing out consequences and contributions, depending on action or inaction in closing the gap of Arizona's future workforce.