Working Paper Retention and Access to Working Papers Sample Clauses

Working Paper Retention and Access to Working Papers. All working papers and reports must be retained, at the auditor's expense, for a minimum of seven (7) years after the report is issued, unless the firm is notified in writing by County of the need to extend the retention period. The Contractor will be required to make working papers available, upon request, to County. In addition, the Contractor shall respond to the reasonable inquiries of successor auditors and allow successor auditors to review working papers relating to matters of continuing accounting significance.
Sample 1Sample 2See All (4)
AutoNDA by SimpleDocs
Working Paper Retention and Access to Working Papers. The awarded auditor shall establish and maintain a reasonable accounting system, which enables ready identification of auditor’s cost of goods and use of funds. Such accounting system shall also include adequate records and documents to justify all prices for all items invoiced as well as all charges, expenses and costs incurred in providing the goods for at least five (5) years after completion of this contract. The County or its designee shall have access to such books, records, subcontract(s), financial operations, and documents of the auditor or its sub-Contractors as required to comply with this section for the purpose of inspection or audit anytime during normal business hours at the contractor's place of business. This right to audit shall include the auditor’s sub-Contractors used to procure goods or services under the contract with the County. Auditor shall ensure the County has these same rights with sub-Contractor(s) and suppliers. In addition, the auditors shall respond to the reasonable inquiries of successor auditors and allow successor auditors to review working papers relating to matters of continuing accounting significance.
Sample 1Sample 2
Working Paper Retention and Access to Working Papers. All working papers and reports must be retained, at the auditor’s expense, for a period of three (3) years after completion of any work provided herein, unless the firm is notified in writing by the City of Boynton Beach of the need to extend the retention period. City management and their representatives shall be entitled at any time during the contract period to inspect and reproduce such documents as deemed necessary. In addition, the firm shall respond to the reasonable inquiries of successor auditors and allow successor auditors to review working papers relating to matters of continuing accounting significance. As requests for copies of working papers are fulfilled, the auditors will be required to notify the Director of Financial Services of the request, as appropriate.
Sample 1
Working Paper Retention and Access to Working Papers. All working papers and reports must be retained, at the auditor's expense, for a minimum of three (3) years after issuance of the audit report, unless the firm is notified in writing by the City of Milpitas of the need to extend the retention period. The auditor will be required to make working papers available to the City of Milpitas, or any government agencies included in the audit of federal grants. In addition, Consultant shall respond to the reasonable inquiries of successor auditors and allow the successor auditors to review working papers relating to matters of continuing accounting significance. KEY MILESTONES FOR DELIVERABLES (2015) Schedule for the 2015 Fiscal Year Audit (similar schedules will be developed in subsequent years) Each of the following should be completed by the auditor no later than the dates indicated: However, it is the objective to the City to have the final reports on October 26, 2015 and to present the audit reports to Council on November 17, 2015 and the EDC tax return filed timely.
Sample 1
Working Paper Retention and Access to Working Papers. At the auditor’s expense, all working papers and reports shall be retained for a minimum of seven (7) years from the end of the fiscal year to which they apply or for a different period of time if so notified in writing by the City. The auditor shall make working papers available, upon request, to the following parties or their designees: • City of Sunnyvale; • U. S. Department of Housing and Urban Development (HUD); • U. S. Government Accountability Office (GAO); • Parties designated by the federal or state governments or by the City of Sunnyvale as part of an audit quality review process; • Auditors of entities of which the City is a sub-recipient of grant or loan funds; • US Treasury; • State of California Office of the State Controller. In addition, the auditor shall respond to the reasonable inquiries of successor auditors and allow successor auditors to review working papers relating to matters of continuing accounting significance.
Sample 1
Working Paper Retention and Access to Working Papers. All working papers and reports shall be retained, at the AUDITOR’s expense, for a minimum of three (3) years, unless the firm is notified in writing by the DISTRICT of the need to extend the retention period. The AUDITOR will be required to make working papers available, upon request, to the following parties or their designees:  The Director of Finance.  Parties designated by the federal or state governments or by the DISTRICT as part of an audit quality review process.  Auditors or entitles of which the DISTRICT is a sub-recipient of grant funds. In addition, the AUDITOR shall respond to the reasonable inquiries of successor auditors and allow successor auditors to review working papers relating to matters of continuing accounting significance. EXHIBIT B SCHEDULE OF FEES Fiscal Year Ending June 30, 2017 Hourly Rates Hours Total Partner $240 20 $4,800 Manager 140 30 4,200 Senior 110 70 7,700 Staff 85 80 6,800 Total all-inclusive maximum price fiscal year 2016-17 200 (including audit, CAFR, and State Controllers Report) $23,500 Fiscal Year Ending June 30, 2018 Hourly Rates Hours Total Partner $240 20 $4,800 Manager 140 30 4,200 Senior 110 70 7,700 Staff 85 80 6,800 Total all-inclusive maximum price fiscal year 2017-18 200 (including audit, CAFR, and State Controllers Report) $23,500 Fiscal Year Ending June 30, 2019 Hourly Rates Hours Total Partner $245 20 $4,900 Manager 145 30 4,350 Senior 115 70 8,050 Staff 90 80 7,200 Total all-inclusive maximum price fiscal year 2018-19 200 (including audit, CAFR, and State Controllers Report) $24,500
Sample 1
Working Paper Retention and Access to Working Papers. All working papers and reports must be retained, at the Auditor's expense, in accordance with the Florida Department of State General Records Schedule for State and Local Government Agencies, or longer if required by other authority, unless the firm is notified in writing by the County of the need to extend the retention period. The Auditor shall make working papers available, upon request, without charge, to the following parties or their designee: • Pasco County • Clerk & Comptroller • United States Department of Health and Human Services • United States General Accounting Office (GAO) • Parties designated by the Federal or State governments or by County as part of an audit quality review process • Auditors of entities of which the County is a sub-recipient of grant funds
Sample 1
AutoNDA by SimpleDocs
Working Paper Retention and Access to Working Papers. All working papers and reports must be retained, at the auditor's expense, for a minimum of seven (7) years, unless the auditor is notified in writing by the County of the need to extend the retention period. The auditor will be required to make working papers available, upon request, to the following parties or their designees: • The Grand Jury • Audit Committee • County Management • Government Accounting Office (GAO) • Parties designated by the federal or state governments or by the County as part of an audit quality review process • Auditor of entities of which the County is a subrecipient of grant funds In addition, the auditor shall respond to the reasonable inquiries of successor auditor and allow successor auditor to review working papers relating to matters of continuing accounting significance.
Sample 1
Working Paper Retention and Access to Working Papers. All working papers and reports must be retained, at the auditor's expense, for a minimum of three (3) years after issuance of the audit report, unless the firm is notified in writing by the City of Milpitas of the need to extend the retention period. The auditor will be required to make working papers available to the City of Milpitas, or any government agencies included in the audit of federal grants. In addition, the firm shall respond to the reasonable inquiries of successor Consultant and allow the successor Consultant to review working papers relating to matters of continuing accounting significance.
Sample 1

Related to Working Paper Retention and Access to Working Papers

  • Records Retention and Access The Contractor shall maintain accurate, current, and complete records of the financial activity of this Contract which sufficiently and properly document and calculate all charges billed to the Agency throughout the term of this Contract and for a period of at least five (5) years following the date of final payment or completion of any required audit (whichever is later). If any litigation, claim, negotiation, audit or other action involving the records has been started before the expiration of the five (5) year period, the records must be retained until completion of the action and resolution of all issues which arise from it, or until the end of the regular five (5) year period, whichever is later. The Contractor shall permit the Agency, the Auditor of the State or any other authorized representative of the State and where federal funds are involved, the Comptroller General of the United States or any other authorized representative of the United States government, to access and examine, audit, excerpt and transcribe any directly pertinent books, documents, papers, electronic or optically stored and created records or other records of the Contractor relating to orders, invoices or payments or any other documentation or materials pertaining to this Contract, wherever such records may be located. The Contractor shall not impose a charge for audit or examination of the Contractor’s books and records. Based on the audit findings, the Agency reserves the right to address the Contractor’s board or other managing entity regarding performance and expenditures. When state or federal law or the terms of this Contract require compliance with OMB Circular A-87, A-110, or other similar provision addressing proper use of government funds, the Contractor shall comply with these additional records retention and access requirements:

  • Record Retention and Access The Contractor shall maintain books, records and documents in accordance with generally accepted accounting principles and procedures and which sufficiently and properly document and calculate all charges billed to the State throughout the term of the Contract for a period of at least five (5) years following the date of final payment or completion of any required audit, whichever is later. Records to be maintained include both financial records and service records. The Contractor shall permit the Auditor of the State of Georgia or any authorized representative of the State Entity, and where federal funds are involved, the Comptroller General of the United States, or any other authorized representative of the United States government, to access and examine, audit, excerpt and transcribe any directly pertinent books, documents, papers, electronic or optically stored and created records or other records of the Contractor relating to orders, invoices or payments or any other documentation or materials pertaining to the Contract, wherever such records may be located during normal business hours. The Contractor shall not impose a charge for audit or examination of the Contractor’s books and records. If an audit discloses incorrect xxxxxxxx or improprieties, the State reserves the right to charge the Contractor for the cost of the audit and appropriate reimbursement. Evidence of criminal conduct will be turned over to the proper authorities.

  • Power Supply Information and Access to Information 12 POWER SUPPLY INFORMATION

  • Record Retention and Access to Records Provided Contractor is given reasonable advance written notice and such inspection is made during normal business hours of Contractor, the State or any duly authorized representatives shall have unimpeded, prompt access to any of Contractor’s books, documents, papers, and/or records which are maintained or produced as a result of the project for the purpose of making audits, examinations, excerpts, and transcriptions. All records related to this agreement shall be retained by Contractor for three (3) years after final payment is made under this agreement and all pending matters are closed; however, if any audit, litigation or other action arising out of or related in any way to this project is commenced before the end of the three (3) year period, the records shall be retained for one (1) year after all issues arising out of the action are finally resolved or until the end of the three (3) year period, whichever is later.

  • RETENTION AND ACCESS REQUIREMENTS FOR RECORDS ADOF shall retain all records pertinent to this agreement for a period of no less than 3 years from the expiration or termination date. As used in this provision, records includes books, documents, accounting procedures and practice, and other data, regardless of the type or format. ADOF shall provide access and the right to examine all records related to this agreement to the U.S. Forest Service Inspector General, or Comptroller General or their authorized representative. The rights of access in this section must not be limited to the required retention period but must last as long as the records are kept. If any litigation, claim, negotiation, audit, or other action involving the records has been started before the end of the 3-year period, the records must be kept until all issues are resolved, or until the end of the regular 3-year period, whichever is later. Records for nonexpendable property acquired in whole or in part, with Federal funds must be retained for 3 years after its final disposition.

  • Obligation to Provide State Access to Grant Records The Grantee must make all grant records of expenditures, copies of reports, books, and related documentation available to the Division or a duly authorized representative of the State of Florida for inspection at reasonable times for the purpose of making audits, examinations, excerpts and transcripts.

  • Examination and Retention of Contractor's Records (a) The HA, HUD, or Comptroller General of the United States, or any of their duly authorized representatives shall, until 3 years after final payment under this contract, have access to and the right to examine any of the Contractor's directly pertinent books, documents, papers, or other records involving transactions related to this contract for the purpose of making audit, examination, excerpts, and transcriptions.

  • Obligation to Provide Public Access to Grant Records The Division reserves the right to unilaterally cancel this Agreement in the event that the Grantee refuses public access to all documents or other materials made or received by the Grantee that are subject to the provisions of Chapter 119, Florida Statutes, known as the Florida Public Records Act. The Grantee must immediately contact the Division's Contract Manager for assistance if it receives a public records request related to this Agreement.

  • AUDIT AND ACCESS TO RECORDS The State reserves the right to conduct a programmatic and financial audit of the project, and the State may withhold payment until the audit is satisfactorily completed. The Grantee will be required to maintain all pertinent records and evidence pertaining to this Agreement, including grant and any required matching funds, in accordance with generally accepted accounting principles and other procedures specified by the State. The State or any of its duly authorized representatives must have access, upon reasonable notice, to such books, records, documents, and other evidence for the purpose of inspection, audit, and copying. The Grantee will provide proper facilities for such access and inspection. All records must be maintained for a minimum of five years after the final payment has been issued to the Grantee by the State.

  • Personal Data, Confidentiality, Recording of Telephone Calls and Records 22.1. The Company may collect client information directly from the Client (in his completed Account Opening Application Form or otherwise) or from other persons including, for example, the credit reference agencies, fraud prevention agencies, banks, other financial institutions, third authentication service providers and the providers of public registers.

Time is Money Join Law Insider Premium to draft better contracts faster.