Common use of Financial Management, Financial Reports and Audits Clause in Contracts

Financial Management, Financial Reports and Audits. 1. The Project Implementing Entity shall maintain a financial management system and prepare financial statements in accordance with consistently applied accounting standards acceptable to the Association, both in a manner adequate to reflect the operations and financial condition of the Project Implementing Entity, including the operations, resources and expenditures related to the Project.

Financial Management, Financial Reports and Audits. 1. The Project Implementing Entity shall maintain a financial management system and prepare financial statements in accordance with consistently applied accounting standards acceptable to the Association, both in a manner adequate to reflect the operations and financial condition of the Project Implementing Entity, including the operations, resources and expenditures related to its Respective Part of the Project.

Financial Management, Financial Reports and Audits. 1. The Project Implementing Entity shall maintain a financial management system and prepare financial statements in accordance with consistently applied accounting standards acceptable to the AssociationBank, both in a manner adequate to reflect the operations and financial condition of the Project Implementing Entity, including the operations, resources and expenditures related to the Project.

Financial Management, Financial Reports and Audits. 1. The Project Implementing Entity shall maintain a financial management system and prepare financial statements in accordance with consistently applied accounting standards acceptable to the Association, both in a manner adequate to reflect the operations and financial condition of the Project Implementing Entity, including the operations, resources and expenditures related to its Respective Parts of the Project.

Financial Management, Financial Reports and Audits. 1. The Project Implementing Entity shall maintain a financial management system and prepare financial statements in accordance with consistently applied accounting standards acceptable to the Association, both in a manner adequate to reflect the operations and financial condition conditions of the Project Implementing Entity, including the operations, resources and expenditures related to its Respective Part of the Project.

Financial Management, Financial Reports and Audits. 1. The Project Implementing Entity shall maintain a financial management system and prepare financial statements in accordance with consistently applied accounting standards acceptable to the AssociationBank, both in a manner adequate to reflect the operations and financial condition conditions of the Project Implementing Entity, including the operations, resources and expenditures related to the Project.

Financial Management, Financial Reports and Audits. 1. The Project Implementing Entity shall maintain a financial management system and prepare financial statements in accordance with consistently applied accounting standards acceptable to the AssociationWorld Bank, both in a manner adequate to reflect the operations and financial condition of the Project Implementing Entity, including the operations, resources and expenditures related to the Project.

Financial Management, Financial Reports and Audits. 1. The Project Implementing Entity shall maintain a financial management system and prepare financial statements Financial Statements in accordance with consistently applied accounting standards acceptable to the Association, both in a manner adequate to reflect the operations and financial condition of the Project Implementing Entity, including the operations, resources and expenditures related to its Respective Part of the Project.

Financial Management, Financial Reports and Audits. 1. The Project Implementing Entity shall maintain a financial management system and prepare financial statements in accordance with consistently applied accounting standards acceptable to the Association, both in a manner adequate to reflect the operations and financial condition conditions of the Project Implementing Entity, including the operations, resources and expenditures related to the Project.

Financial Management, Financial Reports and Audits. 1. The Project Implementing Entity shall maintain a financial management system and prepare financial statements in accordance with consistently applied accounting standards acceptable to the AssociationBank, both in a manner adequate to reflect the operations and financial condition of the Project Implementing Entity, including the operations, resources and expenditures related to its Respective Part of the Project.

Financial Management, Financial Reports and Audits. 12. The Each Project Implementing Entity shall maintain a financial management system and prepare Project financial statements in accordance with consistently applied accounting standards acceptable to the AssociationBank, both in a manner adequate to reflect the operations and financial condition of the Project Implementing Entity, including the operations, resources and expenditures related to the Project.

Financial Management, Financial Reports and Audits. 1. The Project Implementing Entity shall maintain a financial management system and prepare financial statements in accordance with consistently applied accounting standards acceptable to the AssociationWorld Bank, both in a manner adequate to reflect the operations and financial condition of the Project Implementing Entity, including the operations, resources and expenditures related to its Respective Part of the Project.

Financial Management, Financial Reports and Audits. 1. The Project Implementing Entity shall maintain a financial management system and prepare financial statements in accordance with consistently applied accounting standards acceptable to the AssociationWorld Bank, both in a manner adequate to reflect the operations and financial condition of the Project Implementing Entity, including the operations, resources and expenditures related to its Respective Parts of the Project.

Financial Management, Financial Reports and Audits. 1. The Project Implementing Entity shall maintain maintain, or cause to be maintained, a financial management system and prepare financial statements in accordance with consistently applied accounting standards acceptable to the AssociationBank, both in a manner adequate to reflect the operations and financial condition of the Project Implementing Entity, including the operations, resources and expenditures related to the Project.

Financial Management, Financial Reports and Audits. 1. The Project Implementing Entity Entity, through the PIT, shall maintain a financial management system and prepare financial statements in accordance with consistently applied accounting standards acceptable to the AssociationBank, both in a manner adequate to reflect the operations and financial condition of the Project Implementing Entity, including the operations, resources and expenditures related to the Project.

Financial Management, Financial Reports and Audits. 1. The Project Implementing Entity shall maintain a financial management system and prepare financial statements in accordance with consistently applied accounting standards acceptable to the Association, both in a manner adequate to reflect the operations and financial condition of the Project Implementing Entity, including and to register separately the operations, resources and expenditures related to its Respective Part of the Project.

Financial Management, Financial Reports and Audits. 1. The Project Implementing Entity shall maintain a financial management system and prepare financial statements in accordance with consistently applied accounting standards acceptable to the AssociationBank, both in a manner adequate to reflect the operations and financial condition of the Project Implementing Entity, including the operations, resources and expenditures related to the Project, in accordance with the provisions of Section 5.09 of the General Conditions.

Financial Management, Financial Reports and Audits. 1. The Project Implementing Entity shall maintain a financial management system and prepare financial statements in accordance with consistently applied accounting standards acceptable to the Association, both in a manner adequate to reflect the operations and financial condition of the Project Implementing Entity, including the operations, resources and expenditures related to the ProjectCEPS Project Activities.

Financial Management, Financial Reports and Audits. 1. The Project Implementing Entity shall maintain a financial management system and prepare financial statements in accordance with consistently applied accounting standards acceptable to the Association, both in a manner adequate to reflect the operations and financial condition of the Project Implementing Entity, including the operations, resources and expenditures related to the ProjectGPHA Project Activities.

Financial Management, Financial Reports and Audits. 1. The Project Implementing Entity shall maintain a financial management system and prepare financial statements in accordance with consistently applied accounting standards acceptable to the Association, both in a manner adequate to reflect the operations and financial condition of the Project Implementing Entity, including the operations, resources and expenditures related to the ProjectGHA Project Activities.

Financial Management, Financial Reports and Audits. 1. The Project Implementing Entity shall maintain a financial management system and prepare financial statements Financial Statements in accordance with consistently applied accounting standards acceptable to the AssociationBank, both in a manner adequate to reflect the operations and financial condition of the Project Implementing Entity, including the operations, resources and expenditures related to the Project.

Financial Management, Financial Reports and Audits. 1. The Project Implementing Entity shall maintain a financial management system and prepare financial statements in accordance with consistently applied accounting standards acceptable to the Association, both in a manner adequate to reflect the operations and financial condition of the Project Implementing Entity, including the operations, resources and expenditures related to the Additional Activities under the Project.

Financial Management, Financial Reports and Audits. 1. The Project Implementing Entity shall maintain a financial management system and prepare financial statements in accordance with consistently applied accounting standards acceptable to the Association, both in a manner adequate to reflect the operations and financial condition condition, of the Project Implementing Entity, including the operations, resources and expenditures related to its Respective Part of the Project.

Financial Management, Financial Reports and Audits. 1. The Project Implementing Entity shall maintain a financial management system and prepare financial statements in accordance with consistently applied accounting standards acceptable to the Association, both in a manner adequate to reflect the operations and financial condition of the Project Implementing Entity, including the operations, resources and expenditures related to its Respective Part of the Project.

Financial Management, Financial Reports and Audits. 1. The Each Project Implementing Entity shall maintain a financial management system and prepare financial statements in accordance with consistently applied accounting standards acceptable to the AssociationWorld Bank, both in a manner adequate to reflect the operations and financial condition of the Project Implementing Entity, including the operations, resources and expenditures related to its Respective Part of the Project.

Financial Management, Financial Reports and Audits. 1. The Project Implementing Entity shall maintain as applicable, a financial management system and prepare financial statements in accordance with consistently applied accounting standards acceptable to the Association, both in a manner adequate to reflect the operations and financial condition of the Project Implementing Entity, including the operations, resources and expenditures related to its Respective Parts of the Project.

Financial Management, Financial Reports and Audits. 1. The Project Implementing Entity shall maintain a financial management system and prepare financial statements in accordance with consistently applied accounting standards acceptable to the AssociationBank, both in a manner adequate to reflect the operations and financial condition of the Project Implementing Entity, including the operations, resources and expenditures related to the Project.

Financial Management, Financial Reports and Audits. 1. The Project Implementing Entity shall maintain a financial management system and prepare financial statements in accordance with consistently applied accounting standards acceptable to the AssociationWorld Bank, both in a manner adequate to reflect the operations and financial condition of the Project Implementing Entity, including the operations, resources resources, and expenditures related to the Project.

Financial Management, Financial Reports and Audits. 1. The Project Implementing Entity shall maintain a financial management system and prepare financial statements in accordance with consistently applied accounting standards acceptable to the Association, both in a manner adequate to reflect the operations and financial condition of the Project Implementing Entity, Entity including the operations, resources and expenditures related to the Project.

Financial Management, Financial Reports and Audits. 1. The Project Implementing Entity shall maintain a financial management system and prepare financial statements in accordance with consistently applied accounting standards acceptable to the AssociationWorld Bank, both in a manner adequate to reflect the operations and financial condition of the Project Implementing Entity, including the operations, resources resources, and expenditures related to its Respective Part of the Project.

Financial Management, Financial Reports and Audits. 1. The Project Implementing Entity shall maintain a financial management system and prepare financial statements in accordance with consistently applied accounting standards acceptable to the Association, both in a manner adequate to reflect the operations and financial condition of the Project Implementing Entity, including specifically the operations, resources and expenditures related to the Project.

Financial Management, Financial Reports and Audits. 1. The Project Implementing Entity shall maintain a financial management system and shall prepare financial statements in accordance with consistently applied accounting standards acceptable to the AssociationBank, both in a manner adequate to reflect the operations and financial condition of the Project Implementing Entity, including the operations, resources and expenditures related to the Project.

Financial Management, Financial Reports and Audits. 1. The Project Implementing Entity shall maintain a financial management system and prepare financial statements in accordance with consistently applied accounting standards acceptable to the Association, both in a manner adequate to reflect the operations and financial condition of the Project Implementing Entity, including the operations, resources and expenditures related to its Respective Parts of the Project.

Financial Management, Financial Reports and Audits. 1. The Project Implementing Entity shall maintain a financial management system and prepare financial statements in accordance with consistently applied accounting standards acceptable to the AssociationBorrower and the Bank, both in a manner adequate to reflect the operations and financial condition of the Project Implementing Entity, including the operations, resources and expenditures related to the Project.

Financial Management, Financial Reports and Audits. 1. The Project Implementing Entity shall maintain a financial management system and prepare financial statements in accordance with consistently applied accounting standards acceptable to the AssociationBank, both in a manner adequate to reflect the operations and financial condition of the Project Implementing Entity, including the operations, resources and expenditures related to the Project.. The Project Implementing Entity:

Financial Management, Financial Reports and Audits. 1. The Project Implementing Entity shall maintain a financial management system and prepare financial statements in accordance with consistently applied accounting standards acceptable to the Association, both in a manner adequate to reflect the operations and financial condition of the Project Implementing Entity, including the operations, resources and expenditures related to Parts 2.3 and 4.2 of the Project.

Financial Management, Financial Reports and Audits. 1. The Each of the Project Implementing Entity Entities shall maintain a financial management system and prepare financial statements in accordance with consistently applied accounting standards acceptable to the Association, both in a manner adequate to reflect the operations and financial condition of the respective Project Implementing Entity, including the operations, resources resources, and expenditures related to its Respective Part of the Project.

Financial Management, Financial Reports and Audits. 1. The Project Implementing Entity shall maintain a financial management system and prepare financial statements in accordance with consistently applied accounting standards acceptable to the AssociationBank, both in a manner adequate to reflect the operations and financial condition of the Project Implementing Entity, including the operations, resources and expenditures related to the Project.

Financial Management, Financial Reports and Audits. 1. The Project Implementing Entity shall maintain a financial management system and prepare its financial statements statements, in accordance with consistently applied accounting standards acceptable to the Association, both Bank. These financial statements shall be prepared in a manner adequate to reflect the their respective operations and financial condition of the Project Implementing Entity, including the operations, resources and expenditures related to the Projectcondition.

Financial Management, Financial Reports and Audits. 1. The Project Implementing Entity shall maintain a financial management system and prepare financial statements in accordance with consistently applied accounting standards acceptable to the Association, both in a manner adequate to reflect the operations and financial condition of the Project Implementing Entity, including the operations, resources and expenditures related to TAL’s Respective Part of the Project.

Financial Management, Financial Reports and Audits. 1. The Project Implementing Entity shall maintain a financial management system and prepare financial statements in accordance with consistently applied accounting standards acceptable to the Association, both in a manner adequate to reflect the operations and financial condition of the Project Implementing Entity, including the operations, resources and expenditures related to its Respective Part of the Project.

Financial Management, Financial Reports and Audits. 1. The Project Implementing Entity shall maintain a financial management system and prepare financial statements in accordance with consistently applied accounting standards acceptable to the AssociationBank, both in a manner adequate to reflect the operations and financial condition of the Project Implementing Entity, including the operations, resources and expenditures related to the Project.

Financial Management, Financial Reports and Audits. 1. The Project Implementing Entity shall maintain a financial management system and prepare financial statements in accordance with consistently applied accounting standards acceptable to the Association, Association both in a manner adequate to reflect the operations and financial condition of the Project Implementing Entity, including Entity and to register separately the operations, resources and expenditures related to its Respective Part of the Project.

Financial Management, Financial Reports and Audits. 1. The Project Implementing Entity Entity, through its PIU, shall maintain a financial management system and prepare financial statements in accordance with consistently applied accounting standards acceptable to the AssociationBank, both in a manner adequate to reflect the operations and financial condition of the Project Implementing Entity, including the operations, resources and expenditures related to the Project.

Financial Management, Financial Reports and Audits. 1. The Project Implementing Entity shall maintain maintain, with the support of AGETIP-CAF, a financial management system and prepare financial statements Financial Statements in accordance with consistently applied accounting standards acceptable to the Association, both in a manner adequate to reflect the operations and financial condition of the Project Implementing Entity, including the ’s operations, resources and expenditures related to the Project.

Financial Management, Financial Reports and Audits. 1. The Project Implementing Entity shall maintain a financial management system and prepare financial statements in accordance with consistently applied accounting standards acceptable to the Association, both in a manner adequate to reflect the operations and financial condition of the Project Implementing EntityProject, including the operations, resources and expenditures related to the Project.

Financial Management, Financial Reports and Audits. 1. The Each Project Implementing Entity shall maintain a financial management system and prepare financial statements in accordance with consistently applied accounting standards acceptable to the AssociationBank, both in a manner adequate to reflect the operations and financial condition of the Project Implementing Entity, including the operations, resources and expenditures related to its Respective Part of the Project.

Financial Management, Financial Reports and Audits. 1. The Project Implementing Entity shall maintain a financial management system and prepare financial statements Financial Statements in accordance with consistently applied accounting standards acceptable to the Association, both in a manner adequate to reflect the operations and financial condition of the Project Implementing Entity, including the operations, resources and expenditures related to the Project.

Financial Management, Financial Reports and Audits. 1. The Project Implementing Entity shall maintain a financial management system and prepare Project financial statements statements, in accordance with consistently applied accounting standards acceptable to the Association, both Bank. These financial statements shall be prepared in a manner adequate to reflect the Project’s operations and financial condition of the Project Implementing Entity, including the operations, resources and expenditures related to the Projectcondition.

Financial Management, Financial Reports and Audits. 1. The Project Implementing Entity shall maintain a financial management system in accordance with the provisions of Section 4.09 of the General Conditions and prepare financial statements in accordance with consistently applied accounting standards acceptable to the Association, both in a manner adequate to reflect the operations and financial condition of the Project Implementing Entity, including Entity and to register separately the operations, resources and expenditures of the Project Implementing Entity related to the Project.

Financial Management, Financial Reports and Audits. 1. The Project Implementing Entity shall maintain a financial management system and prepare financial statements Project’s Financial Statements in accordance with consistently applied accounting standards acceptable to the Association, both in a manner adequate to reflect the operations operations, resources, expenditures and financial condition of the Project Implementing Entity, including the operations, resources and expenditures related to the Project.

Financial Management, Financial Reports and Audits. 12. The Project Implementing Entity shall maintain a financial management system and prepare Project financial statements in accordance with consistently applied accounting standards acceptable to the AssociationBank, both in a manner adequate to reflect the operations and financial condition of the Project Implementing Entity, including the operations, resources and expenditures related to the Project.

Financial Management, Financial Reports and Audits. 1. The Project Implementing Entity shall maintain a financial management system and prepare its financial statements and the Project financial statements in accordance with consistently applied accounting standards acceptable to the Association, both Bank. These financial statements shall be prepared in a manner adequate to reflect the their respective operations and financial condition of the Project Implementing Entity, including the operations, resources and expenditures related to the Projectcondition.