Common use of ACCOUNTING AND AUDIT REQUIREMENTS Clause in Contracts

ACCOUNTING AND AUDIT REQUIREMENTS. A. Grantee agrees that accounting procedures for grant funds received pursuant to this Grant Agreement shall be in accordance with generally accepted government accounting principles and practices, and adequate supporting documentation shall be maintained in such detail as to provide an audit trail. Supporting documentation shall permit the tracing of transactions from such documents to relevant accounting records, financial reports and invoices.

Appears in 13 contracts

Samples: Standard Agreement Agreement, Standard Agreement Agreement, Standard Agreement Agreement

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ACCOUNTING AND AUDIT REQUIREMENTS. A. Grantee X. Xxxxxxx agrees that accounting procedures for grant funds received pursuant to this Grant Agreement shall be in accordance with generally accepted government accounting principles and practices, and adequate supporting documentation shall be maintained in such detail as to provide an audit trail. Supporting documentation shall permit the tracing of transactions from such documents to relevant accounting records, financial reports and invoices.

Appears in 2 contracts

Samples: Standard Agreement Agreement, Standard Agreement

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ACCOUNTING AND AUDIT REQUIREMENTS. A. Grantee agrees that accounting procedures for grant funds received pursuant to this Grant Agreement shall be in accordance with generally accepted government accounting principles and practices, and adequate supporting documentation shall be maintained in such detail as to provide an audit trail. Supporting documentation shall permit the tracing of transactions from such documents to relevant accounting records, financial reports reports, and invoices.

Appears in 1 contract

Samples: Standard Agreement

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