Standards for Financial Management. In accordance with 2 CFR 200 – Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, SUBRECIPIENT will develop, implement and maintain financial management and control systems, which include at a minimum accurate payroll, accounting and financial reporting records, cost source documentation, effective internal and budgetary controls, and determination of reasonableness, allowability and allocability of costs, and timely and appropriate audits and resolution findings. SUBRECIPIENT shall maintain an effective accounting system, which will:
Standards for Financial Management. (March 2015) Sub-recipient(s) financial management system shall comply with the standards identified in 2 CFR 200 Section 302.
Standards for Financial Management. Sub-grantees are required by 2 CFR 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards to have in place an accounting system that maintains records which adequately identify the source and application of funds provided for grant funded projects. The accounting system must include information pertaining to sub-grant awards, obligations, un-obligated balances, assets, liabilities, outlays or expenditures and income. Ohio EMA requirements for sub- grantee accounting include the ability to track expenditures by grant program and by federal fiscal of the award (i.e. FY2009 CCP, FY2010 CCP, etc.).
Standards for Financial Management. In accordance with 2 CFR 200 - Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, City will develop, implement and maintain financial management and control systems, which include at a minimum accurate payroll, accounting and financial reporting records, cost source documentation, effective internal and budgetary controls, and determination of reasonableness, allowability and allocability of costs, and timely and appropriate audits and resolution findings. City shall maintain an effective accounting system, which will:
Standards for Financial Management. (March 2015) Seller’s financial management system shall comply with the standards identified in 2 CFR 200 Section 302.
Standards for Financial Management. 1. Financial Reporting shall provide complete, accurate, and current financial disclosures of the project or program in accordance with any financial reporting requirements, as set forth in the financial provisions.
Standards for Financial Management. HNI shall adhere in all material respects to standards for financial management systems outlined in this Agreement. HNI must submit an itemized statement of expenses and all information as required by the CITY.
Standards for Financial Management. 1. Financial Reporting The City of Xxxxxxx Cove shall provide complete, accurate, and current financial disclosures of the project or program in accordance with any financial reporting requirements, as set forth in the financial provisions. 2. Accounting Records The City of Xxxxxxx Cove shall continuously maintain and update records identifying the source and use of funds. The records shall contain information pertaining to the agreement, authorizations, obligations, unobligated balances, assets, outlays, and income. 3. Internal Control The City of Xxxxxxx Cove shall maintain effective control over and accountability for all U.S. Forest Service funds. The City of Xxxxxxx Cove shall keep effective internal controls to ensure that all United States Federal funds received are separately and properly allocated to the activities described in the award/agreement and used solely for authorized purposes. 4. Source Documentation The City of Xxxxxxx Cove shall support all accounting records with source documentation. These documentations include, but are not limited to, cancelled checks, paid bills, payrolls, contract documents. These documents must be made available to the U.S. Forest Service upon request. Page 7 of 16 (Rev.3-15) Commented [A36]: Mandatory provision, IF only a portion of the funding for a multi-year project is available, and future funding is anticipated. Insert only the amount of funding currently available during the period of performance. This does not include any funds previously contributed to the agreement. Subsequent modifications that add funds must include this provision, and must reflect the total available of funding for the period of performance under the modification. Insert in both places the date that funds may be last expended by the cooperator.
Standards for Financial Management
