Common use of Accounting System Requirements Clause in Contracts

Accounting System Requirements. Prior to the submission of invoices, the PAH shall have and maintain an established accounting system which complies with Generally Accepted Accounting Principles (GAAP) and the requirements of this Agreement. The PAH shall ensure that appropriate arrangements have been made for receiving, distributing and accounting for Federal funds under this Agreement. Consistent with this stipulation, an acceptable accounting system will be one in which all cash receipts and disbursements are controlled and documented properly.

Appears in 4 contracts

Samples: Base Agreement, Base Agreement, Project Agreement

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Accounting System Requirements. Prior to the submission of invoices, the PAH shall have and maintain an established accounting system which complies with Generally Accepted Accounting Principles (GAAP) and the requirements of this Agreement. The PAH shall ensure that appropriate arrangements have been made for receiving, distributing and accounting accounting: for Federal funds under this Agreement. Consistent with this stipulation, an acceptable accounting system will be one in which all cash receipts and disbursements are arc controlled and documented properly. ​ ​ BASE AGREEMENT NO.: 2020-530 July 2018 ​ ​

Appears in 1 contract

Samples: Agreement (Novavax Inc)

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Accounting System Requirements. Prior to the submission of invoices, the PAH shall have and maintain an established accounting system which complies with Generally Accepted Accounting Principles (GAAP) and the requirements of this Agreement. The PAH shall ensure that appropriate arrangements have been made for receiving, distributing and accounting accounting: for Federal funds under this Agreement. Consistent with this stipulation, an acceptable accounting system will be one in which all cash receipts and disbursements are arc controlled and documented properly. BASE AGREEMENT NO.: 2020-530 July 2018

Appears in 1 contract

Samples: www.keionline.org

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