Common use of Accounting & Internal Controls Clause in Contracts

Accounting & Internal Controls. Grant funds shall be recorded separately in the books and records of Subrecipient. Subrecipient shall keep its books in a manner consistent with generally accepted accounting principles and 2 CFR 200, as adopted by the USDOE in 34 CFR XXXXX. All disbursements from the grant accounts shall comply with the requirements of this Agreement and 2 CFR 200. Subrecipient agrees to implement and maintain internal controls consistent with 2 CFR 200.

Appears in 8 contracts

Samples: Early Intervention, Early Intervention, Early Intervention American Rescue Plan

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