FINANCIAL AND PERFORMANCE AUDITS Sample Clauses

FINANCIAL AND PERFORMANCE AUDITS. The Contractor shall provide financial auditing services, giving an attestation of whether the financial statements of an audited entity present fairly the financial position, results of operations, and cash flows in conformity with generally accepted accounting principles. Financial and Performance Audit services shall include, but are not limited to, the following: • Financial Statement Audits Audit of financial statements prepared in conformity with standards of accounting issued by Statement of Federal Financial Accounting Standards (SFFAS) and by the American Institute of Certified Public Accountants (AICPA) • Segments of Financial Statements Audit financial information, i.e. statement of revenue and expenses, statement of cash receipts and disbursements, statement of fixed assets, budget requests, and variances between estimated and actual financial performance • Internal Controls - Audit for compliance with laws and regulations such as those governing the bidding for, accounting for, and reporting on grants and contracts including proposals, amounts billed, and amounts due on termination claims - Audit financial reporting and safeguarding assets including the use of computer-based systems • Compliance with Laws and Regulations • Economy and Efficiency Audits - Assess business practices - Evaluate acquisition of appropriate type, quality and amount of resources at an appropriate cost - Assess duplication of effort by employees and work that serves little or no purpose - Evaluate the optimum amount of resources (staff, equipment, and facilities) in producing or delivering the appropriate quantity and quality of goods or services in a timely manner - Evaluate compliance with requirements of laws and regulations that could significantly affect the acquisition, protection, and use of resources - Assess management control systems for measuring, reporting, and monitoring a program’s economy and efficiency - Evaluate reported measures of economy and efficiency • Program Results and Program Fraud Audits - Assess whether the objectives of a new or ongoing program are proper, suitable, or relevant - Determine the extent to which a program achieves a desired level of program results - Assess the effectiveness of the program and/or individual program components - Determine whether the program complements, duplicates, overlaps, or conflicts with other related programs - Assess compliance with laws and regulations applicable to the program EXHIBIT D: CONTRACTOR PR...
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FINANCIAL AND PERFORMANCE AUDITS. Cherry Bekaert LLP has been awarded and therefore is Authorized to provide the Services listed below through State Term Contract No. 84111600-20-1 for Financial and Performance Audits, Section IV. e) Services: • Financial Statements Audits - Audit of financial statements prepared in conformity with standards of accounting issued by SFFAS and by the American Institute of Certified Public Accountants (AICPA). • Audits of Segments of Financial Statements - Audit of financial information (i.e., statement of revenue and expenses, statement of cash receipts and disbursements, statement of fixed assets, budget requests, and variances between estimated and actual financial performance). • Internal Controls Audits • Economy and Efficiency Audits • Program Results and Program Fraud Audits DocuSign Envelope ID: B0396157-2116-4166-9547-2143B0D94210 Contract Attachment E Contractor Information Form Contractors with an active state contract or agreement procured by the Division of State Purchasing should use this form to provide contact information for customers, which will be posted on the Department of Management Services (DMS) website. The form must be submitted to the assigned contract manager at the time of contract execution and whenever changes are requested by the contractor throughout the life of the contract. * * * PLEASE RETURN THIS FORM TO DMS IN EXCEL FORMAT ONLY * * * 84111600-20-1 Financial and Performance Audits Contract Name: Contract Number: Cherry Bekaert LLP Contractor Name: 00-0000000 * * * MUST MATCH ACTIVE XXXXXX.XXX REGISTRATION * * * xxx.xxx.xxx FEIN: Website: Customer Contact Xxxxxx X. Xxxxxx, Partner xxxxxxxx@xxx.xxx 000-000-0000 xxx. 000 X. Xxxxxxxx Xxx, Xxxxx 0000 Orlando FL 32803 +4: Contact for sales information, ordering, and billing questions. Name: Email: Phone: Address: City: State: ZIP: Contract Administrator Xxxxxx X. Xxxxxx, Partner xxxxxxxx@xxx.xxx 000-000-0000 xxx. 000 X. Xxxxxxxx Xxx., Xxxxx 0000 Orlando FL 32803 +4: Contact for escalated customer needs. Name: Email: Phone: Address: City: State: ZIP: If there is additional information that you would like to make available to customers on the DMS website, please enter it in the field below. The assigned contract manager will review your request and notify you whether or not the information is approved for posting.
Sample 1
FINANCIAL AND PERFORMANCE AUDITS. The Contractor shall provide financial auditing services, giving an attestation of whether the financial statements of an audited entity present fairly the financial position, results of operations, and cash flows in conformity with generally accepted accounting principles. Financial and Performance Audit services shall include, but are not limited to, the following: Financial Statement Audits Audit of financial statements prepared in conformity with standards of accounting issued by Statement of Federal Financial Accounting Standards (SFFAS) and by the American Institute of Certified Public Accountants (AICPA)
Sample 1

Related to FINANCIAL AND PERFORMANCE AUDITS

  • Payment and Performance Bond Prior to the execution of this Contract, City may require Contractor to post a payment and performance bond (Bond). The Bond shall guarantee Contractor’s faithful performance of this Contract and assure payment to contractors, subcontractors, and to persons furnishing goods and/or services under this Contract.

  • Payment and Performance Bonds The Contractor shall comply with the following minimum bonding requirements:

  • Security for Performance In the event that Exhibit A Section 4 indicates the need for Consultant to provide additional security for performance of its duties under this Agreement, Consultant shall provide such additional security prior to commencement of its Required Services in the form and on the terms prescribed on Exhibit A, or as otherwise prescribed by the City Attorney.

  • Assignment and Performance Neither this Agreement nor any right or interest herein shall be assigned, transferred, or encumbered without the written consent of the other party. CITY may terminate this Agreement, effective immediately, if there is any assignment, or attempted assignment, transfer, or encumbrance, by CONTRACTOR of this Agreement or any right or interest herein without CITY's written consent. CONTRACTOR represents that each person who will render services pursuant to this Agreement is duly qualified to perform such services by all appropriate governmental authorities, where required, and that each such person is reasonably experienced and skilled in the area(s) for which he or she will render his or her services. CONTRACTOR shall perform its duties, obligations, and services under this Agreement in a skillful and respectable manner. The quality of CONTRACTOR’s performance and all interim and final product(s) provided to or on behalf of CITY shall be comparable to the best local and national standards.

  • Excused Performance 6.1 Notwithstanding the occurrence of a Force Majeure Event, in which case Clause 17 will govern, BT will not be liable for any failure or delay to perform any of its obligations under this Agreement (including any of its obligations to meet any Service Levels) to the extent that BT’s failure or delay in performing arises as a result of:

  • Performance Obligations The Purchaser shall have performed in all respects all obligations required to be performed by it under this Agreement at or prior to the Closing.

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