Accounting Issues. It is the duty of the ministry/institution having the Finance Manager role as well as co-applicants and partner stakeholders to establish and maintain a reliable accounting set up for the project funds. This implies preparation of an adequate chart of accounts, and ensuring that accounts are kept up to date. All accounting material shall be available to the respective partners in case of audits. It is the responsibility of [name] to comply with the accounts requirements and deadlines. The other Sig- natories must submit to [name] the annual accounts of their share of the budget signed by the accountant and of each Signatory no later than [time indication].
Appears in 2 contracts
Sources: Partnership Agreement, Partnership Agreement