FINANCIAL AND PERFORMANCE AUDITS Sample Clauses

FINANCIAL AND PERFORMANCE AUDITS. The Contractor shall provide financial auditing services, giving an attestation of whether the financial statements of an audited entity present fairly the financial position, results of operations, and cash flows in conformity with generally accepted accounting principles. Financial and Performance Audit services shall include, but are not limited to, the following: • Financial Statement Audits Audit of financial statements prepared in conformity with standards of accounting issued by Statement of Federal Financial Accounting Standards (SFFAS) and by the American Institute of Certified Public Accountants (AICPA) • Segments of Financial Statements Audit financial information, i.e. statement of revenue and expenses, statement of cash receipts and disbursements, statement of fixed assets, budget requests, and variances between estimated and actual financial performance • Internal Controls - Audit for compliance with laws and regulations such as those governing the bidding for, accounting for, and reporting on grants and contracts including proposals, amounts billed, and amounts due on termination claims - Audit financial reporting and safeguarding assets including the use of computer-based systems • Compliance with Laws and Regulations • Economy and Efficiency Audits - Assess business practices - Evaluate acquisition of appropriate type, quality and amount of resources at an appropriate cost - Assess duplication of effort by employees and work that serves little or no purpose - Evaluate the optimum amount of resources (staff, equipment, and facilities) in producing or delivering the appropriate quantity and quality of goods or services in a timely manner - Evaluate compliance with requirements of laws and regulations that could significantly affect the acquisition, protection, and use of resources - Assess management control systems for measuring, reporting, and monitoring a program’s economy and efficiency - Evaluate reported measures of economy and efficiency • Program Results and Program Fraud Audits - Assess whether the objectives of a new or ongoing program are proper, suitable, or relevant - Determine the extent to which a program achieves a desired level of program results - Assess the effectiveness of the program and/or individual program components - Determine whether the program complements, duplicates, overlaps, or conflicts with other related programs - Assess compliance with laws and regulations applicable to the program EXHIBIT D: CONTRACTOR PR...
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FINANCIAL AND PERFORMANCE AUDITS. Cherry Bekaert LLP has been awarded and therefore is Authorized to provide the Services listed below through State Term Contract No. 84111600-20-1 for Financial and Performance Audits, Section IV. e) Services: • Financial Statements Audits - Audit of financial statements prepared in conformity with standards of accounting issued by SFFAS and by the American Institute of Certified Public Accountants (AICPA). • Audits of Segments of Financial Statements - Audit of financial information (i.e., statement of revenue and expenses, statement of cash receipts and disbursements, statement of fixed assets, budget requests, and variances between estimated and actual financial performance). • Internal Controls Audits • Economy and Efficiency Audits • Program Results and Program Fraud Audits DocuSign Envelope ID: B0396157-2116-4166-9547-2143B0D94210 Contract Attachment E Contractor Information Form Contractors with an active state contract or agreement procured by the Division of State Purchasing should use this form to provide contact information for customers, which will be posted on the Department of Management Services (DMS) website. The form must be submitted to the assigned contract manager at the time of contract execution and whenever changes are requested by the contractor throughout the life of the contract. * * * PLEASE RETURN THIS FORM TO DMS IN EXCEL FORMAT ONLY * * * 84111600-20-1 Financial and Performance Audits Contract Name: Contract Number: Cherry Bekaert LLP Contractor Name: 00-0000000 * * * MUST MATCH ACTIVE XXXXXX.XXX REGISTRATION * * * xxx.xxx.xxx FEIN: Website: Customer Contact Xxxxxx X. Xxxxxx, Partner xxxxxxxx@xxx.xxx 000-000-0000 xxx. 000 X. Xxxxxxxx Xxx, Xxxxx 0000 Orlando FL 32803 +4: Contact for sales information, ordering, and billing questions. Name: Email: Phone: Address: City: State: ZIP: Contract Administrator Xxxxxx X. Xxxxxx, Partner xxxxxxxx@xxx.xxx 000-000-0000 xxx. 000 X. Xxxxxxxx Xxx., Xxxxx 0000 Orlando FL 32803 +4: Contact for escalated customer needs. Name: Email: Phone: Address: City: State: ZIP: If there is additional information that you would like to make available to customers on the DMS website, please enter it in the field below. The assigned contract manager will review your request and notify you whether or not the information is approved for posting.
Sample 1
FINANCIAL AND PERFORMANCE AUDITS. The Contractor shall provide financial auditing services, giving an attestation of whether the financial statements of an audited entity present fairly the financial position, results of operations, and cash flows in conformity with generally accepted accounting principles. Financial and Performance Audit services shall include, but are not limited to, the following: Financial Statement Audits Audit of financial statements prepared in conformity with standards of accounting issued by Statement of Federal Financial Accounting Standards (SFFAS) and by the American Institute of Certified Public Accountants (AICPA)
Sample 1

Related to FINANCIAL AND PERFORMANCE AUDITS

  • Payment and Performance Bond Prior to the execution of this Contract, City may require Contractor to post a payment and performance bond (Bond). The Bond shall guarantee Contractor’s faithful performance of this Contract and assure payment to contractors, subcontractors, and to persons furnishing goods and/or services under this Contract.

  • Payment and Performance Bonds The Contractor shall comply with the following minimum bonding requirements:

  • Payment and Performance of Obligations Pay and perform all material Obligations under this Agreement and the other Loan Documents, and pay or perform (a) all taxes, assessments and other governmental charges that may be levied or assessed upon it or any of its property, and (b) all other indebtedness, obligations and liabilities in accordance with customary trade practices; except to the extent that IPT or the Borrower is contesting any item described in clauses (a) or (b) of this Section 7.5 in good faith and is maintaining adequate reserves with respect thereto in accordance with GAAP.

  • Portfolio Expense and Performance Data The Fund shall provide such data regarding each Portfolio’s expense ratios and investment performance as the Company shall reasonably request, to facilitate the registration and sale of the Variable Contracts. Without limiting the generality of the forgoing, the Fund shall provide the following Portfolio expense and performance data on a timely basis to facilitate the Company’s preparation of its annually updated registration statement for the Variable Contracts (and as otherwise reasonably requested by the Company), but in no event later than 75 calendar days after the close of each Portfolio’s fiscal year:

  • Payment and Performance The Borrower will pay all amounts due under the Loan Documents in accordance with the terms thereof and will observe, perform and comply with every covenant, term and condition expressed or implied in the Loan Documents. The Borrower will cause each other Loan Party to observe, perform and comply with every such term, covenant and condition in any Loan Document.

  • Continuity of Service and Performance Unless otherwise agreed in writing, the Parties shall continue to provide service and honor all other commitments under this Agreement during the course of a Dispute with respect to all matters not subject to such Dispute.

  • Capacity and Performance (a) During the term of Executive’s employment hereunder, the Executive shall serve the Company as its Senior Vice President and Chief Financial Officer. In addition, and without further compensation, the Executive shall serve as a director and/or officer of one or more of the Company’s Subsidiaries if so elected or appointed from time to time.

  • Guaranty of Payment and Performance Guarantor’s obligations under this Guaranty constitute an unconditional guaranty of payment and performance and not merely a guaranty of collection.

  • Security for Performance In the event that Exhibit A Section 4 indicates the need for Consultant to provide additional security for performance of its duties under this Agreement, Consultant shall provide such additional security prior to commencement of its Required Services in the form and on the terms prescribed on Exhibit A, or as otherwise prescribed by the City Attorney.

  • CONTRACTOR PERFORMANCE AUDIT The Contractor shall allow the Authorized User to assess Contractor’s performance by providing any materials requested in the Authorized User Agreement (e.g., page load times, response times, uptime, and fail over time). The Authorized User may perform this Contractor performance audit with a third party at its discretion, at the Authorized User’s expense. The Contractor shall perform an independent audit of its Data Centers, at least annually, at Contractor expense. The Contractor will provide a data owner facing audit report upon request by the Authorized User. The Contractor shall identify any confidential, trade secret, or proprietary information in accordance with Appendix B, Section 9(a), Confidential/Trade Secret Materials.

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