Common use of Financial Management; Financial Reports; Audits Clause in Contracts

Financial Management; Financial Reports; Audits. 1. The Recipient shall maintain a financial management system, including records and accounts, adequate to reflect the transactions related to its Respective Part of the Project, in accordance with the applicable policies, procedures, and guidance otherwise referred to as UNDP’s Financial Regulations and Rules. In accordance with Article 10 of the FMFA, the Recipient shall notify the Association of any changes to these UNDP’s Financial Regulations and Rules, that occur after the signing of this agreement within thirty (30) days of the effectiveness of such changes, and shall make such UNDP Financial Regulations and Rules available on the Recipient’s external website.

Financial Management; Financial Reports; Audits. 1. The Recipient shall maintain a financial management system, including records and accounts, adequate to reflect the transactions related to its Respective Part of the Project, in accordance with the applicable policies, procedures, and guidance otherwise referred to as UNDPWFP’s Financial Regulations and Rules. In accordance with Article 10 of the FMFA, the Recipient shall notify the Association of any changes to these UNDPWFP’s Financial Regulations and Rules, that occur after the signing of this agreement within thirty (30) days of the effectiveness of such changes, and shall make such UNDP WFP Financial Regulations and Rules available on the Recipient’s external website.

Financial Management; Financial Reports; Audits. 1. The Recipient shall maintain a financial management system, including records and accounts, adequate to reflect the transactions related to its Respective Part of the Project, in accordance with the applicable policies, procedures, and guidance otherwise referred to as UNDPWHO’s Financial Regulations and Rules. In accordance with Article 10 of the FMFA, the Recipient shall notify the Association of any changes to these UNDPWHO’s Financial Regulations and Rules, that occur after the signing of this agreement within thirty (30) days of the effectiveness of such changes, and shall make such UNDP WHO’s Financial Regulations and Rules available on the Recipient’s external website.

Financial Management; Financial Reports; Audits. 1. The Recipient shall maintain or cause to be maintained a financial management system, including records and accounts, adequate to reflect the transactions related to its Respective Part Parts of the Project, in accordance with the applicable policies, procedures, and guidance otherwise referred to as UNDPWHO’s Financial Regulations and Rules. In accordance with Article 10 of the FMFA, the Recipient shall notify the Association of any changes to these UNDP’s Financial Regulations and Rules, that occur after the signing of this agreement within thirty (30) days of the effectiveness of such changes, and shall make such UNDP Financial Regulations and Rules available on the Recipient’s external website.