Financial Statement Audits. If Contractor receives $75,000 or more combined in federal, state, or City funds annually, Contractor shall have a financial statement audit. A financial statement audit is the examination of Contractor's financial statements and accompanying disclosures by an independent auditor. The result of this examination is a report by the auditor, attesting to the fairness of presentation of the financial statements and related disclosures. This financial statement audit shall be prepared in accordance with GAAP and performed by an independent Certified Public Accountant, in accordance with Generally Accepted Auditing Standards (GAAS). Contractor shall deliver a report of each such financial statement audit and accompanying financial statements to City no later than September 30 after the City’s fiscal year-end. City may extend the deadline by up thirty (30) calendar days upon Contractor’s written request. Each financial statement audit report shall include the following statements:
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Samples: Downtown CPD Neighborhood Parking Program Agreement, Downtown CPD Neighborhood Parking Program Agreement, Downtown CPD Neighborhood Parking Program Agreement
Financial Statement Audits. If Contractor receives $75,000 or more combined in federal, state, or City funds annually, Contractor shall have a financial statement audit. A financial statement audit is the examination of Contractor's financial statements and accompanying disclosures by an independent auditor. The result of this examination is a report by the auditor, attesting to the fairness of presentation of the financial statements and related disclosures. This financial statement audit shall be prepared in accordance with GAAP and performed by an independent Certified Public Accountant, in accordance with Generally Accepted Auditing Standards (GAAS). Contractor shall deliver a report of each such financial statement audit and accompanying financial statements to City no later than September 30 after the City’s fiscal year-end. City may extend the deadline by up thirty (30) calendar days upon Contractor’s written request. Each financial statement audit report shall include the following statements:thirty
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