Accountability and Audit. 1. It is in the best interest of the public if the benefits of this Agreement are well understood. The parties agree that the District shall include and clearly acknowledge in its annual budget the payments made to the District under this Agreement as a separate line item in that budget.
Accountability and Audit. Upon Controller’s request in written, Processor makes available to Controller all information necessary to demonstrate compliance with the obligations laid down in this DPA. Where information is non-confidential or non-sensitive it will be made accessible by Controller via a straight-forward process (e.g. via the Processor's website). Where information is confidential, Processor may make it available to Controller upon request but may require Controller to first execute a non-disclosure agreement which is acceptable to Processor. Processor may in its sole discretion choose not to disclose certain high-sensitive security information. Processor may require Controller to pay a fee for information (this additional fee will be reasonable and will not be used to prevent Controller from accessing information about the security controls for the service). If in Controller’s reasonable judgment, sufficient information to confirm and demonstrate compliance with the terms of this DPA, is not provided then Controller is entitled to appoint a third-party independent auditor in the possession of the required professional qualifications and bound by a duty of confidentiality, which auditor must be reasonably acceptable to Processor, to inspect its compliance with this DPA and the Data Protection Laws required to determine the veracity and completeness of the statements submitted by Processor under this DPA. Controller and Processor shall mutually agree upon the scope, timing, and duration of the audit. Controller shall promptly notify Processor with information regarding any non- compliance discovered during the course of an audit. Controller may not audit Processor more than once annually. Controller is responsible for all costs and fees related to such audit including, but not limited to, the professional fee of any auditor and all reasonable costs and fees for time Processor expends for any such audit, which shall be invoiced by Processor as additional pay per hour work. All information processed or created during an Audit is Processor’s confidential information. Before sharing such information with Controller, Processor may require Controller to first execute a non-disclosure agreement which is acceptable to Processor. If a Supervisory Authority requires an audit of the Services in order to ascertain or monitor Controller's compliance with Data Protection Laws, Processor will cooperate with such audit. Likewise, Controller shall be responsible for the costs of such an...
Accountability and Audit. The Executive Committee shall be responsible for the proper accounting of funds generated, received and expended in accordance with state accounting requirements, generally accepted accounting principles and procedures, and this Agreement. The Executive Committee may engage a qualified auditor to prepare at the close of each fiscal year a financial audit of the Cooperative financial records and a report of recommendations concerning accounting records, procedures and related activities as appear to such auditor as necessary or desirable. Such audit and report shall be made available by the Executive Committee to the Board of Directors and the Members. A Member shall have the authority to audit the Cooperative's receipts and disbursements to ascertain that the Cooperative is incompliance with applicable law and this Agreement.
