ACCOUNTS AND TECHNICAL AND FINANCIAL CHECKS. 1. The Grantee shall keep accurate and systematic records and accounts in respect of the implementation of the Action. A separate management account shall be kept for the Action, and shall detail all receipts and payments.
ACCOUNTS AND TECHNICAL AND FINANCIAL CHECKS. The Grantee shall keep accurate and systematic records and accounts in respect of the implementation of the Action. A separate management account shall be kept for the Action, and shall detail all receipts and payments. The accounting regulations and rules of the Grantee shall apply, on the understanding that these regulations and rules conform to nationally or internationally accepted standards. In all other cases, the Grantee shall use a dedicated double-entry book-keeping system as part of, or as an adjunct to, the Grantee’s own accounts. This dedicated system shall follow the procedures dictated by professional practice and provide precise details of interest accruing on funds paid by the Council of Europe.
ACCOUNTS AND TECHNICAL AND FINANCIAL CHECKS. The MA/JS reserve the right to check, at any time, the conformity of the Programme funds' commitment and disbursement with the rules. In particular, MA and/or JS verify, on a sample basis, that services, supplies or works have been performed, delivered and/or installed and whether expenditure declared by the Lead Partner and the Partners has been paid according to the applicable law, Programme rules and Contract provisions. Verifications shall include administrative verifications for each payment requested by the Lead Partner and may include also on-the-spot project verifications.
ACCOUNTS AND TECHNICAL AND FINANCIAL CHECKS. 17.1 The Humanitarian Organisation shall keep accurate and regular records and accounts of the implementation of Operations. Separate accounts shall be kept for each Operation and shall detail all income and expenditure. The accounting practice used by the Humanitarian Organisation must be consistent over the various accounting periods. The Humanitarian Organisation’s procedures of accountancy and internal control have to allow direct reconciliation of the costs and income declared under the operation with the accounting states and the corresponding supporting documents.
ACCOUNTS AND TECHNICAL AND FINANCIAL CHECKS. Accounts
ACCOUNTS AND TECHNICAL AND FINANCIAL CHECKS. 7.1. The Partner shall keep accurate and regular accounts of the implementation of the action using an appropriate accounting and double-entry book-keeping system. This should not lead to double registration of operations and inadequate bookkeeping. This system may either be an integrated part of the Partner’s regular system or an adjunct to that system. This system shall be run in accordance with the accounting and bookkeeping policies and rules that apply in the country concerned. Accounts and expenditure relating to the Action must be easily identifiable and verifiable. This can be done by using separate accounts for the Action concerned or by ensuring that expenditure for the action concerned can be easily identified and traced to and within the Partner’s accounting and bookkeeping system. Accounts must provide details of interest accruing on funds paid by the Beneficiary. The Partner shall ensure that the Financial Reports (both interim and final) as required under Article 5 can be properly and easily reconciled to the Partners’ accounting and bookkeeping system and to the underlying accounting and other relevant records. For this purpose the Partner shall prepare and keep appropriate reconciliations, supporting schedules, analyses and breakdowns for inspection and verification.
ACCOUNTS AND TECHNICAL AND FINANCIAL CHECKS. The Grantee or the Grantees shall keep accurate and systematic records and accounts in respect of the implementation of the Action. A separate management account shall be kept for the Action, and shall detail all receipts and payments. The accounting regulations and rules of the Grantee or the Grantees shall apply, on the understanding that these regulations and rules conform to nationally or internationally accepted standards. In all other cases, the Grantee or the Grantees shall use a dedicated double-entry book-keeping system as part of, or as an adjunct to, the Grantee or the Grantees’ own accounts. This dedicated system shall follow the procedures dictated by professional practice and provide precise details of interest accruing on funds paid by the Council of Europe.
ACCOUNTS AND TECHNICAL AND FINANCIAL CHECKS. 1. The Grantee or the Grantees shall, for a minimum of 10 (ten) years from the date of transmission of the narrative report and final financial report under Article 2.4.3 f) and g) of this Agreement:
ACCOUNTS AND TECHNICAL AND FINANCIAL CHECKS. 17.1 The International Organisation shall keep accurate and regular records and accounts of the implementation of Actions. Separate accounts shall be kept for each Action, and shall detail all income and expenditure. For Multi-donor Actions, the accounting regulations and rules of the International Organisation shall apply. This is based on the understanding that these regulations and rules conform to internationally accepted standards. In all other cases, the International Organisation shall use a dedicated double-entry book-keeping system as part of or as adjunct to the Organisation’s own accounts. This dedicated system shall follow the procedures dictated by professional practice and provide precise details of interest accruing on funds paid by the European Commission.
ACCOUNTS AND TECHNICAL AND FINANCIAL CHECKS. 8. The Recipient shall, until at least 29 December 2026:
