Project Financial Statements definition

Project Financial Statements means, with respect to the Projects, (i) revenue and expense detail for all Projects prepared on the accrual basis of accounting identified to be audited by PWC for the period ended September 30, 2004, and (ii) revenue and expense detail for all Projects with appropriate accrual basis adjustments as deemed necessary by PWC for the periods ended September 30, 2004. In addition, the Seller is to deliver to the Purchaser the audited statements prepared for each Project for the year ended December 31,2004, once complete.

Project Financial Statements has the meaning set forth in Section 4.7(b).

Project Financial Statements has the meaning set forth in Section 5.15.1.

Examples of Project Financial Statements in a sentence

• A single opinion on the Audited Project Financial Statements in compliance with International Standards on Auditing (ISA) will be required.

• A single opinion on the Audited Project Financial Statements in compliance with International Federation of Accountant (IFAC) will be required.

• Each and every committee may examine and compare all bills and claims against the County referred to them or a summary thereof, together with the law and authority under which payment of such bill or claim is demanded and to recommend in accordance with the facts fully and in writing as to all matters to such committee for examination and report.

• Project Financial Statements A format of such financial statements and relevant schedules showing the consolidation of all the programmes is given at (APPENDIX A - FORMAT of FINANCIAL STATEMENTS) and also on the website of MoHFW at www.nhm.gov.in.

• PROJECT FINANCIAL STATEMENTS:The Project Financial Statements should include-(a) Statement of Sources and Applications of Funds.(b) Reconciliation of Claims to Total Applications of Funds.

• Expenditure in Project Financial Statements may be grouped as per reporting heads in the internal unaudited financial reports (IUFR).

• A single opinion on the Audited Project Financial Statements in compliance with International Federation of Accountant will be required.

• The Grant Agreement will require the submission of annual Audited Project Financial Statements within six months after year-end.

• Project Financial Statements A format of such financial statements and relevant schedules showing the consolidation of all the programmes is given at (APPENDIX A - FORMAT of FINANCIAL STATEMENTS) and also on the website of MoHFW at www.mohfw.nic.in.

• The Recipient will equally ensure the custody of supporting documents and the preparation of Project Financial Statements (PFS), ready for audit reviews.