Audit and Report. (a) The financial statements of the Partnership must be audited and certified as of the end of each fiscal year by a firm of independent certified public accountants selected by the Partnership.
Audit and Report. (a) Following the end of each fiscal year and the end of each of the first 3 fiscal quarters of each fiscal year, the General Partner shall cause to be prepared financial statements of the Partnership for such year or quarter, as the case may be. Such financial statements shall be prepared in accordance with U.S. generally accepted accounting principles (provided, however, that for purposes of such financial statements, the fair market value of any asset owned by the Partnership shall be the fair market value thereof reasonably determined by the General Partner) and, with respect to the annual financial statements shall be audited by a firm of independent certified public accountants selected by the General Partner. The General Partner shall use its reasonable efforts, as soon as practicable following the end of each fiscal year, and within forty-five (45) days following the end of each of the first three (3) fiscal quarters, as the case may be, to mail to each Partner the financial statements for such year or quarter, as the case may be, including a cash flow statement and a balance sheet, together with the following items as at the end of such year or quarter, as the case may be:
Audit and Report. The financial statements of the Partnership must be audited and certified as of the end of each fiscal year by a firm of independent certified public accountants selected by the Partnership. Within ____ (__) days of the end of each fiscal year, the Partnership must prepare and mail to each Partner a report prepared in accordance with the provisions of the SBIC Act regarding financial reporting, setting forth as at the end of the fiscal year:65 a balance sheet of the Partnership;
Audit and Report. J&J Vision shall have the right to audit the Consignment (which includes, without limitation, the right to physically inspect the Consignment and/or records relating to the Consignment) at any time and from time to time while this Agreement remains in full force and effect. J&J Vision may also request (no more than once during any twelve 12 month period) that Consignee provide written confirmation (in the form of a report provided by J&J Vision) to verify the balance of the Consignment and Consignee shall respond to each such request within thirty (30) days of receipt of from J&J Vision. Any shortages shall be replaced and paid for by the Consignee in accordance with the terms described in Section 4 of this Agreement.
Audit and Report. The financial statements of the Partnership must be audited and certified as of the end of each fiscal year by a firm of independent certified public accountants selected by the Partnership. [Applicant may provide that in addition to the audit performed in accordance with the accounting practices prescribed or permitted by SBA, it may also provide an audit in accordance with generally accepted accounting principles.] The General Partner must provide notice to each Partner within five (5) business days of a transfer of the Partnership to SBA’s Office of Liquidation. [Applicant may include additional events for which notice is required.] Within ( ) days of the end of each fiscal year, the Partnership must provide to each Partner a report prepared in accordance with the provisions of the SBIC Act regarding financial reporting, setting forth as at the end of the fiscal year:
Audit and Report. The books and records of the Partnership shall be kept in accordance with generally accepted accounting principles, which is consistent with the requirements of Section 704 of the Code and the Treasury Regulations thereunder, and shall be audited by independent certified public accountants of the General Partner’s selection. The General Partner shall provide to the Limited Partner and the holders of Notes on a timely basis annual and quarterly balance sheets, statements of income (loss) for each applicable period and of such Partner’s capital accounts, statements of Net Cash Flow; and the amount of such Partner’s share in each item of Partnership’s taxable income or loss for each year which must be separately accounted for by a Partner pursuant to section 702(a) of the Code and any other information needed to prepare the Partner’s federal, state and local income tax returns and reports.
Audit and Report. 10 ARTICLE VIII Miscellaneous..................................................10 8.1. Assignability..................................................10 8.2. Amendments.....................................................11 =============================================================================== SBA ANNEX GDP ============================================================================== ARTICLE I --------- General Provisions ==================
Audit and Report. The financial statements of the Partnership must be audited and certified as of the end of each fiscal year by a firm of independent certified public accountants selected by the Partnership. [Applicant may provide that in addition to the audit performed in accordance with the accounting practices prescribed or permitted by SBA, it may also provide an audit in accordance with generally accepted accounting principles.] The General Partner must provide notice to each Partner within five (5) business days of a transfer of the Partnership to SBA’s Office of Liquidation. [Applicant may include additional events for which notice is required.] Within ____ (__) days of the end of each fiscal year, the Partnership must provide to each Partner a report prepared in accordance with the provisions of the SBIC Act regarding financial reporting, setting forth as at the end of the fiscal year: a balance sheet of the Partnership; a statement of operations for the year; a statement of cash flows; a statement of changes in partners’ capital, and such Partner's Closing Capital Account; a statement of the Assets, valued as provided under this Agreement; the amount of such Partner's share in the Partnership's taxable income or loss for the year, in sufficient detail to enable it to prepare its Federal, state and other tax returns; any other information the General Partner, after consultation with any Limited Partner requesting the same, deems necessary or appropriate; upon request by any Partner, such other information as is needed by such Partner in order to enable it to file any of its tax returns; and such other information as any Partner may reasonably request for the purpose of enabling it to comply with any reporting or filing requirements imposed by any statute, rule, regulation or otherwise by any governmental agency or authority. The items set forth in clauses (i), (ii), (iii), (iv) and (v) [add any other financial information which will be certified] will be certified by the firm of independent certified public accountants selected by the Partnership.
Audit and Report. (a) The financial statements of the Partnership shall be prepared on the basis of United States generally accepted accounting principles; provided that the financial statements of the Partnership shall not be consolidated with those of the General Partner or any Portfolio Company. Within 90 calendar days of the end of each fiscal year, the Partnership shall prepare and send to each Partner (i) a report of a firm of independent certified public accountants of national recognition and standing selected by the General Partner, setting forth as at the end of such fiscal year audited reports of the Partnership (which reports shall include an income statement, balance sheet, statement of cash flows and statement of partners’ capital), (ii) a statement of the balance in each Partner’s Capital Account as at the end of such fiscal year, and (iii) a statement of the amount of such Partner’s share in the Partnership’s taxable income or loss for each year and information relating to the nature thereof, in sufficient detail to enable it to prepare its United States federal, state and other tax returns including Internal Revenue Service Schedule “K-1”, or any successor thereto.
Audit and Report. The books and records of the Partnership shall be kept in accordance with applicable law and, if required by law, audited. The General Partner shall provide to the Limited Partner on a timely basis any information needed to prepare the Partner’s federal, state and local income tax returns and reports.
