Maintenance of Financial Records. The School shall use the standard state format contained in the Financial and Program Cost Accounting and Reporting for Florida Schools (The Red Book) for all financial transactions and maintenance of financial records.
Maintenance of Financial Records. The Seller shall maintain its current fiscal year and keep adequate books and records of account, in which true and complete entries will be made reflecting all of its business and financial transactions, and such entries will be made in accordance with GAAP and applicable governmental regulations.
Maintenance of Financial Records. The School shall use the standard state 14 codification of accounts as contained in the DOE’s Financial and Program Cost 15 Accounting and Reporting for Florida Schools (Red Book), as a means of 16 codifying all transactions pertaining to its operations. The accounting for federal, 17 state and local funds shall be maintained according to existing guidelines, 18 mandates, and practices, i.e., separate funds and bank accounts for federal, state, 19 and local funds as required under applicable statutes. The School’s financial 20 activities and reports shall be subject to the Florida Department of Education 21 (DOE) Technical Assistance Paper No. 2009-03, as well as any subsequently 22 issued directives by the State and other applicable Governmental Accounting 23 Standards.
Maintenance of Financial Records. Recipient must maintain auditable financial records per generally accepted accounting principles and in accordance with OAR 309-013-0075 through 0220 and in sufficient detail to permit County or the State to verify how any payments received under this Agreement were expended. ECATS ATTACHMENT R - IGA For use with IGAs only Access to Records Recipient agrees to permit a program reviewer or an auditor of the Federal, State, or County government or their agents to have access to records and financial statements as may be necessary. Access to records by the County or State may be with notice or without notice. Any refunds to or disallowances by the Federal Government, the State, or the County resulting from audits shall be the sole responsibility of Recipient for payment to the Federal Government, the State, or the County.
Maintenance of Financial Records. Recipient must maintain auditable financial records per generally accepted accounting principles and in accordance with OAR 309-013-0075 through 0220 and in sufficient detail to permit County or the State to verify how any payments received under this Agreement were expended.
Maintenance of Financial Records. Provider shall maintain all pertinent financial and accounting records and evidence pertaining to this Agreement based on financial and statistical records that can be verified by CMHSP or its auditors in accordance with CMHSP and LRE Policies and Procedures for Record Retention.
Maintenance of Financial Records. The School agrees to submit bills, credit card receipts, and deposits on a timely basis to the District and to maintain copies (or originals, if required) of all submissions. The District agrees to input all revenues and expenditures on a timely basis into the accounting and financial reporting system. Timely reports may be produced by either party should both parties comply with this paragraph.
Maintenance of Financial Records. The Contractor shall keep, maintain, and preserve at its principal office throughout the term of the Agreement and for a period of two (2) years after acceptance of the Work, full and detailed books, accounts, and records pertaining to the performance of the Agreement and the actual cost of construction, including without limitation, all bills, invoices, payrolls, subcontracting efforts, and other data evidencing, or in any material way related to, the direct and indirect costs and expenses incurred by the Contractor in the course of such performance.
Maintenance of Financial Records. The School shall use the standard state format contained in the Financial and Program Cost Accounting and Reporting for Florida Schools (The Red Book) for all financial transactions and maintenance of financial records. Financial and Program Cost Accounting and Reporting for Florida Schools The School agrees to do an annual cost accounting in a form and manner consistent with generally accepted governmental accounting standards in Florida. The financial statements are to be prepared in accordance with the provisions of section 1002.33(9), Florida Statutes. Financial Reports Monthly or Quarterly Financial Reports The School will submit a monthly or quarterly, as applicable, financial statement pursuant to section 1002.33(9), Florida Statutes, and Rule 6A-1.0081, Florida Administrative Code, to the Sponsor no later than the last day of the month following the month being reported or in the case of a High-Performing charter school, financial reports shall be submitted quarterly as provided by Florida law. The monthly or quarterly report will be in the format prescribed by the FDOE. The parties agree that the Sponsor may reasonably request, in accordance with section 1002.33(5)(b)1.j., Florida Statutes, documents on the School's financial operations beyond the monthly financial statement and the School shall provide in a reasonable timeframe. Annual Property Inventory The School will submit annually to the Sponsor a property inventory of all capital assets or additions to capital assets purchased with public funds (including grant funds). This includes land or existing buildings, improvements to grounds, construction of buildings, additions to building, remodeling of buildings, initial equipment, new and replacement equipment, and software. This shall include furniture, fixtures, and equipment. The property inventory shall include the date of purchase, description of the item purchased, the cost of the item, and the item location. The property inventory shall be submitted to the sponsor annually at the same time School’s Annual Audit is submitted. Program Cost Report The School agrees to deliver to the Sponsor its annual cost report in a form and manner consistent with generally accepted governmental accounting standard in Florida, no later than the last business day in July. Annual Financial Audit The School will annually obtain a financial audit, from a licensed Certified Public Accountant or Auditor, selected pursuant to section 218.391, Florida Statutes. T...
Maintenance of Financial Records. The Company shall maintain its books in such a manner as is required by R.O.C. law for tax and accounting purposes, as well as by the providers of any equity or debt financing for the Company. In addition, the Company shall prepare on a quarterly basis income and cash flow statements and balance sheets, in accordance with generally accepted accounting principles of the United States. Either Partner (including through their professional advisors) shall have the right, at any time, to review all the books and records of the Company.
