Common use of Annual Financial Audit/Statements Clause in Contracts

Annual Financial Audit/Statements. 9.7.1 Franchisee shall submit to the Director annual financial statements prepared in accordance with Generally Accepted Accounting Principles (GAAP), at Franchisee's expense, and audited by an independent Certified Public Accountant not later than one hundred eighty (180) days following the expiration of Franchisee's fiscal year.

Annual Financial Audit/Statements. 9.7.1 Franchisee shall submit to the Director annual financial statements prepared in accordance with Generally Accepted Accounting Principles (GAAP), at Franchisee's expense, and audited by an independent Certified Public Accountant not later than one hundred eighty (180) days following the expiration of Franchisee's fiscal year. County may accept review statements in lieu of audited financial statements, however County reserves its right to audit the Franchisee’s records.

Annual Financial Audit/Statements. 9.7.1 ‌ 10.7.1 Franchisee shall submit to the Director annual financial statements prepared in accordance with Generally Accepted Accounting Principles (GAAP)Principles, at Franchisee's expense, and audited by an independent Certified Public Accountant not later than one hundred eighty (180) days following the expiration of Franchisee's fiscal year. 10.7.2 The financial statements shall include a supplemental detailed revenue statement if said revenue statement is not separately submitted to County pursuant to this Agreement.