Common use of Accounting and Financial Reporting Clause in Contracts

Accounting and Financial Reporting. 6.1. The Bank will maintain separate records and ledger accounts in respect of the Contributions deposited in the trust fund account and disbursements made there from. 6.2. Within ninety (90) days of each March 31, June 30, September 30 and December 31, the Bank will furnish to the Donors an unaudited cash-based statement of receipts, disbursements and fund balance in Untied States Dollars with respect to the Contributions. Within six (6) months of the final disbursement date specified in paragraph 8.1 after all commitments and liabilities under this trust fund have been satisfied and the trust fund has been closed, the Bank will furnish to the Donors a final unaudited cash-based statement of receipts, disbursements and fund balance in United States Dollars with respect to the Contribution funds. 6.3. The Bank will also provide the Donors with copies of all financial statements and auditors’ reports received by the Bank from the Recipients pursuant to the Grant Agreements. 6.4. The Bank will provide to the Donors, within six (6) months following the end of each Bank fiscal year, a management assertion together with an attestation from the Bank’s external auditors concerning the adequacy of internal control over cash-based financial reporting for trust funds as a whole. The cost of such attestations will be borne by the Bank. 6.5. If a Donor wishes to request, on an exceptional basis, a financial statement audit by the Bank’s external auditors of the trust fund established under this Agreement, the Donor and the Bank will first consult as to whether such an external audit is necessary. The Bank and the Donor will agree on the most appropriate scope and terms of reference of such audit. Following agreement on the scope and terms of reference, the Bank will arrange for such external audit. The costs of any such audit, including the internal costs of the Bank with respect to such audit, will be paid by the Donor.

Accounting and Financial Reporting. 6.15.1. The Bank will shall maintain separate records and ledger accounts in respect of the Contributions deposited in the trust fund Trust Fund account and disbursements made there fromtherefrom. 6.25.2. Within ninety (90) days of each March 31, June 30, September 30 and December 31, the The Bank will shall furnish to the Donors an unaudited cash-based statement of current financial information relating to receipts, disbursements and fund balance in Untied States US Dollars of the Trust Fund with respect to the ContributionsContributions via the World Bank’s Trust Funds Donor Center secure website. Within six (6) months of the final disbursement date specified in paragraph 8.1 after all commitments and liabilities under this trust fund the Trust Fund have been satisfied and the trust fund Trust Fund has been closed, the Bank will furnish final financial information relating to the Donors a final unaudited cash-based statement of receipts, disbursements and fund balance in United States US Dollars of the Trust Fund with respect to the Contribution fundsContributions will be made available to the Donors via the World Bank’s Trust Funds Donor Center secure website. 6.35.3. The Bank will also provide the Donors with copies of all financial statements and auditors’ reports received by the Bank from the Recipients pursuant to the Grant Agreements. 6.4. The Bank will shall provide to the Donors, within six (6) months following the end of each Bank fiscal year, an annual single audit report, comprising (a) a management assertion together with an attestation from the Bank’s external auditors concerning the adequacy of internal control over cash-based financial reporting for all cash-based trust funds as a whole; and (b) a combined financial statement for all cash-based trust funds together with the Bank’s external auditor’s opinion thereon. The cost of such attestations will the single audit shall be borne by the Bank. 6.55.4. If a Donor wishes to request, on an exceptional basis, a financial statement audit by the Bank’s external auditors of the trust fund established under this AgreementTrust Fund, the Donor and the Bank will shall first consult as to whether such an external audit is necessary. The Bank and the Donor will shall agree on the most appropriate scope and terms of reference of such audit. Following agreement on the scope and terms of reference, the Bank will shall arrange for such external audit. The costs of any such audit, including the internal costs of the Bank with respect to such audit, will shall be paid by the requesting Donor.

Accounting and Financial Reporting. 6.15.1. The Bank will IBRD shall maintain separate records and ledger accounts in respect of the Contributions deposited in the trust fund account and disbursements made there fromtherefrom. 6.25.2. Within ninety (90) days of each March 31, June 30, September 30 and December 31, the Bank will IBRD shall furnish to the Donors an unaudited cash-based statement of receipts, disbursements and fund balance in Untied United States Dollars dollars with respect to the Contributions. Within six (6) months of the final disbursement date specified in paragraph 8.1 after all commitments and liabilities under this trust fund have been satisfied and the trust fund has been closed7.1, the Bank will IBRD shall furnish to the Donors a final unaudited cash-based statement of receipts, disbursements and fund balance in United States Dollars dollars with respect to the Contribution funds. 6.35.3. The Bank will also provide the Donors with copies of all financial statements and auditors’ reports received by the Bank from the Recipients pursuant to the Grant Agreements. 6.4. The Bank will IBRD shall provide to the Donors, within six (6) months following the end of each Bank IBRD fiscal year, a management assertion together with an attestation from the BankIBRD’s external auditors concerning the adequacy of internal control over cash-based financial reporting for trust funds as a whole. The cost of such attestations will shall be borne by the BankIBRD. 6.55.4. If a Donor wishes to request, on an exceptional basis, a financial statement audit by the BankIBRD’s external auditors of the trust fund established under this Agreement, the Donor and the Bank will IBRD shall first consult as to whether such an external audit is necessary. The Bank IBRD and the Donor will shall agree on the most appropriate scope and terms of reference of such audit. Following agreement on the scope and terms of reference, the Bank will shall arrange for such external audit. The costs of any such audit, including the internal costs of the Bank IBRD with respect to such audit, will shall be paid by the Donor.

Accounting and Financial Reporting. 6.1. The Bank will shall maintain separate records and ledger accounts in respect of the Contributions deposited in the trust fund Trust Fund account and disbursements made there fromtherefrom. 6.2. Within ninety (90) days of each March 31, June 30, September 30 and December 31, the The Bank will shall furnish to the Donors an unaudited cash-based statement of current financial information relating to receipts, disbursements disbursements, and fund balance in Untied United States Dollars of the Trust Fund with respect to the ContributionsContributions via the World Bank’s Trust Funds Donor Center secure website. Within six (6) months of the final disbursement date specified in paragraph 8.1 after all commitments and liabilities under this trust fund the Trust Fund have been satisfied and the trust fund Trust Fund has been closed, the Bank will furnish final financial information relating to the Donors a final unaudited cash-based statement of receipts, disbursements disbursements, and fund balance in United States Dollars of the Trust Fund with respect to the Contribution fundsContributions will be made available to the Donors via the World Bank’s Trust Funds Donor Center secure website. 6.3. The Bank will also shall provide to the Donors, within six (6) months following the end of each Bank fiscal year, an annual single audit report, comprising (1) a management assertion together with an attestation from the Bank’s external auditors concerning the adequacy of internal control over cash-based financial reporting for all cash-based trust funds as a whole; and (2) a combined financial statement for all cash-based trust funds together with the Bank’s external auditor’s opinion thereon. The cost of the single audit shall be borne by the Bank. 6.4. If a Donor wishes to request, on an exceptional basis, a financial statement audit by the Bank’s external auditors of the Trust Fund, the Donor and the Bank shall first consult as to whether such an external audit is necessary. The Bank and the Donor shall agree on the appropriate scope and terms of reference of such audit. Following agreement on the scope and terms of reference, the Bank shall arrange for such external audit. The costs of any such audit, including the internal costs of the Bank with respect to such audit, shall be paid by the requesting Donor. 6.5. The Bank shall provide the Donors with copies of all financial statements and auditors’ reports received by the Bank from the Recipients pursuant to the Grant Agreements. 6.4. The Bank will provide to the Donors, within six (6) months following the end of each Bank fiscal year, a management assertion together with an attestation from the Bank’s external auditors concerning the adequacy of internal control over cash-based financial reporting for trust funds as a whole. The cost of such attestations will be borne by the Bank. 6.5. If a Donor wishes to request, on an exceptional basis, a financial statement audit by the Bank’s external auditors of the trust fund established under this Agreement, the Donor and the Bank will first consult as to whether such an external audit is necessary. The Bank and the Donor will agree on the most appropriate scope and terms of reference of such audit. Following agreement on the scope and terms of reference, the Bank will arrange for such external audit. The costs of any such audit, including the internal costs of the Bank with respect to such audit, will be paid by the Donor.

Accounting and Financial Reporting. 6.1. The Bank will maintain separate records and ledger accounts in respect of the Contributions deposited in the trust fund Trust Fund account and disbursements made there fromtherefrom. 6.2. Within ninety (90) days of each March 31, June 30, September 30 and December 31, the The Bank will furnish to the Donors an unaudited cash-based statement of receipts, disbursements and fund balance in Untied States Dollars with respect current financial information relating to the Contributions. Within six (6) months of the final disbursement date specified in paragraph 8.1 after all commitments and liabilities under this trust fund have been satisfied and the trust fund has been closed, the Bank will furnish to the Donors a final unaudited cash-based statement of receipts, disbursements and fund balance in United States Dollars of the Trust Fund with respect to the Contribution fundsContributions via the World Bank’s Trust Funds Donor Center secure website. Within six (6) months after all commitments and liabilities under the Trust Fund have been satisfied and the Trust Fund has been closed, the final financial information relating to receipts, disbursements and fund balance in United States Dollars of the Trust Fund with respect to the Contributions will be made available to the Donors via the World Bank’s Trust Funds Donor Center secure website. 6.3. The Bank will also provide the Donors with copies of all financial statements and auditors’ reports received by the Bank from the Recipients pursuant to the Grant Agreements. 6.4. The Bank will provide to the Donors, within six (6) months following the end of each Bank fiscal year, an annual single audit report, comprising (1) a management assertion together with an attestation from the Bank’s external auditors concerning the adequacy of internal control over cash-based financial reporting for all cash-based trust funds as a whole; and (2) a combined financial statement for all cash-based trust funds together with the Bank’s external auditor’s opinion thereon. The cost of such attestations the single audit will be borne by the Bank. 6.56.4. If a Donor wishes to request, on an exceptional basis, a financial statement audit by the Bank’s external auditors of the trust fund established under this AgreementTrust Fund, the Donor and the Bank will first consult as to whether such an external audit is necessary. The Bank and the Donor will agree on the most appropriate scope and terms of reference of such audit. Following agreement on the scope and terms of reference, the Bank will arrange for such external audit. The costs of any such audit, including the internal costs of the Bank with respect to such audit, will be paid by the requesting Donor. 6.5. The Bank will provide the Donors with copies of all financial statements and auditors’ reports received by the Bank from the Recipients pursuant to the Grant Agreements.

Accounting and Financial Reporting. 6.1. The Bank will shall maintain separate records and ledger accounts in respect of the Contributions deposited in the trust fund Trust Fund account and disbursements made there fromtherefrom. 6.2. Within ninety (90) days of each March 31, June 30, September 30 and December Decembe 31, the Bank will shall furnish to the Donors an unaudited cash-based statement of receipts, disbursements and fund balance in Untied States Dollars Euro with respect to the Contributions. Within six (6) months of the final disbursement date specified in paragraph 8.1 after all commitments and liabilities under this trust fund have been satisfied and the trust fund has been closed8.1., the Bank will shall furnish to the Donors a final unaudited cash-based statement of receipts, disbursements and fund balance in United States Dollars Euro with respect to the Contribution funds. 6.3. The Bank will also provide the Donors with copies of all financial statements and auditors’ reports received by the Bank from the Recipients pursuant to the Grant Agreements. 6.4. The Bank will shall provide to the Donors, within six (6) months following the end of each Bank fiscal year, a management assertion together with an attestation from the Bank’s external auditors concerning the adequacy of internal control over cash-based financial reporting for trust funds as a whole. The cost of such attestations will the single audit shall be borne by the Bank. 6.56.4. If a Donor wishes to request, on an exceptional basis, a financial statement audit by the Bank’s external auditors of the trust fund established under this Agreement, the Donor and the Bank will shall first consult as to whether such an external audit is necessary. The Bank and the Donor will shall agree on the most appropriate scope and terms of reference of such audit. Following agreement on the scope and terms of reference, the Bank will shall arrange for such external audit. The costs of any such audit, including the internal costs of the Bank with respect to such audit, will shall be paid by the Donor.

Accounting and Financial Reporting. 6.1. The Bank XXX will maintain separate records and ledger accounts in respect of the Contributions deposited in the trust fund account and disbursements made there fromtherefrom. 6.2. Within ninety (90) days of each March 31, June 30, September 30 and December 31, the Bank XXX will furnish to the Donors an unaudited cash-based statement of receipts, disbursements and fund balance in Untied United States Dollars with respect to the Contributions. Within six (6) months of the final disbursement date specified in paragraph 8.1 after After all commitments and liabilities under this trust fund have been satisfied and the trust fund has been closed, the Bank XXX will furnish to the Donors a final unaudited cash-based statement of receipts, disbursements and fund balance in United States Dollars with respect to the Contribution funds. 6.3. The Bank XXX will also provide the Donors with copies of all financial statements and auditors’ reports received by the Bank XXX from the Recipients pursuant to the Grant Agreements. 6.4. The Bank XXX will provide to the Donors, within six (6) months following the end of each Bank Association fiscal year, a management assertion together with an attestation from the BankXXX’s external auditors concerning the adequacy of internal control over cash-based financial reporting for trust funds as a whole. The cost of such attestations will be borne by the BankXXX. 6.5. If a Donor wishes to request, on an exceptional basis, a financial statement audit by the BankXXX’s external auditors of the trust fund established under this AgreementArrangement, the Donor and the Bank XXX will first consult as to whether such an external audit is necessary. The Bank XXX and the Donor will agree on the most appropriate scope and terms of reference of such audit. Following agreement on the scope and terms of reference, the Bank will arrange for such external audit. The costs of any such audit, including the internal costs of the Bank XXX with respect to such audit, will be paid by the Donor.

Accounting and Financial Reporting. 6.1. The Bank XXX will maintain separate records and ledger accounts in respect of the Contributions deposited in the trust fund account and disbursements made there fromtherefrom. 6.2. Within ninety (90) days of each March 31, June 30, September 30 and December 31, the Bank XXX will furnish to the Donors an unaudited cash-based statement of receipts, disbursements and fund balance in Untied United States Dollars with respect to the ContributionsContribution funds. Within six (6) months of the final disbursement date specified in paragraph 8.1 after all commitments and liabilities under this trust fund have been satisfied and the trust fund has been closed, the Bank XXX will furnish to the Donors a final unaudited cash-based statement of receipts, disbursements and fund balance in United States Dollars with respect to the Contribution funds. 6.3. The Bank will also provide the Donors with copies of all financial statements and auditors’ reports received by the Bank from the Recipients pursuant to the Grant Agreements. 6.4. The Bank XXX will provide to the Donors, within six (6) months following the end of each Bank fiscal year, a management assertion together with an attestation from the BankXXX’s external auditors concerning the adequacy of internal control over cash-based financial reporting for trust funds as a whole. The cost of such attestations will be borne by the BankXXX. 6.56.4. If a Donor wishes to request, on an exceptional basis, a financial statement audit by the BankXXX’s external auditors of the trust fund established under this AgreementArrangement, the Donor and the Bank XXX will first consult as to whether such an external audit is necessary. The Bank XXX and the Donor will agree on the most appropriate scope and terms of reference of such audit. Following agreement on the scope and terms of reference, the Bank XXX will arrange for such external audit. The costs of any such audit, including the internal costs of the Bank XXX with respect to such audit, will be paid by the Donor.

Accounting and Financial Reporting. 6.1. The Bank will maintain separate records and ledger accounts in respect of the Contributions deposited in the trust fund account and disbursements made there fromtherefrom. 6.2. Within ninety (90) days of each March 31, June 30, September 30 and December 31, the The Bank will furnish to the Donors an unaudited cash-based statement of receipts, disbursements and fund balance in Untied States Dollars with respect current financial information relating to the Contributions. Within six (6) months of the final disbursement date specified in paragraph 8.1 after all commitments and liabilities under this trust fund have been satisfied and the trust fund has been closed, the Bank will furnish to the Donors a final unaudited cash-based statement of receipts, disbursements and fund balance TF053509 in United States Dollars with respect to the Contribution fundsContributions via the World Bank’s Trust Funds Donor Center secure website. Within six (6) months after all commitments and liabilities under TF053509 have been satisfied and TF053509 has been closed, the final financial information relating to TF053509 in United States Dollars with respect to the Contributions will be made available to the Donors via the World Bank’s Trust Funds Donor Center secure website. 6.3. The Bank will also provide the Donors with copies of all financial statements and auditors’ reports received by the Bank from the Recipients pursuant to the Grant Agreements. 6.4. The Bank will provide to the Donors, within six (6) months following the end of each Bank fiscal year, an annual single audit report, comprising: (1) a management assertion together with an attestation from the Bank’s external auditors concerning the adequacy of internal control over cash-based financial reporting for all cash-based trust funds as a whole; and (2) a combined financial statement for all cash-based trust funds together with the Bank’s external auditors’ opinion thereon. The cost of such attestations will the single audit shall be borne by the Bank. 6.5. If a Donor wishes to request, on an exceptional basis, a financial statement audit by the Bank’s external auditors of the trust fund established under this Agreement, the Donor and the Bank will first consult as to whether such an external audit is necessary. The Bank and the Donor will agree jointly decide on the most appropriate scope and terms of reference of such audit. Following agreement on approval of the scope and terms of reference, the Bank will arrange for such external audit. The costs of any such audit, including the internal costs of the Bank with respect to such audit, will be paid by the Donor.

Accounting and Financial Reporting. 6.1. The Bank XXX will maintain separate records and ledger accounts in respect of the Contributions deposited in the trust fund account and disbursements made there from. 6.2. Within ninety (90) days of each March 31, June 30, September 30 and December 31, the Bank XXX will furnish to the Donors an unaudited cash-based statement of receipts, disbursements and fund balance in Untied United States Dollars with respect to the Contributions. Within six (6) months of the final disbursement date specified in paragraph 8.1 after After all commitments and liabilities under this trust fund have been satisfied and the trust fund has been closed, the Bank XXX will furnish to the Donors a final unaudited cash-based statement of receipts, disbursements and fund balance in United States Dollars with respect to the Contribution funds. 6.3. The Bank XXX will also provide the Donors with copies of all financial statements and auditors’ reports received by the Bank XXX from the Recipients pursuant to the Grant Agreements. 6.4. The Bank XXX will provide to the Donors, within six (6) months following the end of each Bank Association fiscal year, a management assertion together with an attestation from the BankIDA’s external auditors concerning the adequacy of internal control over cash-based financial reporting for trust funds as a whole. The cost of such attestations will be borne by the BankXXX. 6.5. If a Donor wishes to request, on an exceptional basis, a financial statement audit by the BankIDA’s external auditors of the trust fund established under this Agreement, the Donor and the Bank XXX will first consult as to whether such an external audit is necessary. The Bank XXX and the Donor will agree on the most appropriate scope and terms of reference of such audit. Following agreement on the scope and terms of reference, the Bank XXX will arrange for such external audit. The costs of any such audit, including the internal costs of the Bank XXX with respect to such audit, will be paid by the Donor.