Common use of Certified Annual Audit Clause in Contracts

Certified Annual Audit. The Governing Board shall provide for a certified annual audit, or other financial reporting as required by law, of the accounts and records of the Commission, which shall conform to generally accepted accounting standards and requirements set forth by the Utah State Auditor. Such annual audit shall be open for inspection by each Member representative at all reasonable times.

Certified Annual Audit. The Governing Board shall provide for a certified annual audit, or other financial reporting as required by law, audit of the accounts and records of the Utah Lake Commission, which audit shall conform to generally accepted accounting standards and requirements set forth by the Utah State Auditorauditing standards. Such annual audit shall be open for inspection by each Member representative at all reasonable times.

Certified Annual Audit. The Governing Board shall provide for a certified annual audit, or other financial reporting as required by law, of the accounts and records of the Jordan River Commission, which audit shall conform to generally accepted auditing accounting standards and requirements set forth by the Utah State Auditor. Such annual audit shall be open for inspection by each Member representative at all reasonable times.