ANNUAL FINANCIAL REVIEW Sample Clauses

ANNUAL FINANCIAL REVIEW. BC Housing will conduct an annual financial review of the Provider. To facilitate the annual financial review, the Provider will:
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ANNUAL FINANCIAL REVIEW. Beginning in fiscal year 2011-2012, and continuing annually thereafter, there shall be a financial review of CONTRACTOR to be completed by a qualified outside agency. A final report of said review shall be provided to the County within a reasonable amount of time. A full financial audit of CONTRACTOR shall be required for any year in which said financial review indicates irregularity. [END OF GENERAL TERMS AND CONDITIONS] EXHIBIT A DEFINITION OF SERVICES CONTRACTOR shall provide the following services:
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ANNUAL FINANCIAL REVIEW. Each year at Credit Union's written request Certegy shall provide to Credit Union a copy of the most recent annual report of its publicly held parent corporation and a copy of the most recent third party auditors' review and report on the design and compliance test of Certegy's card processing system (SAS 70).
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ANNUAL FINANCIAL REVIEW. Contractor shall submit an Year-end Financial Report to the Contract Administrator. This report shall include annual financial statements reviewed by an independent public accounting firm in accordance with generally accepted accounting procedures. Statements shall be available to the Contract Administrator within one hundred twenty (120) calendar days of the close of each fiscal year. If Contractor’s financial statements are prepared on a consolidated basis, then separate balance sheets and income statements for the San Xxxxxxx County operation shall be required and shall be subject to the independent auditor’s review. Contractor shall make all financial records for San Xxxxxxx County contract services available to the County at County’s request. Contractor agrees that all revenue generated using personnel or equipment expensed as described in this Agreement, as well as the subsidy paid by any government entity within San Xxxxxxx County will be credited to San Xxxxxxx County revenues.
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ANNUAL FINANCIAL REVIEW. A. Contractor shall submit a Year-end Financial Report to the Contract Administrator. This report shall include annual financial statements reviewed by an independent public accounting firm in accordance with Generally Accepted Accounting Principles. Statements shall be available to the Contract Administrator on an annual basis within 120 calendar days of the close of Contractor’s fiscal year. If Contractor’s financial statements are prepared on a consolidated basis, then separate balance sheets and income statements for the San Xxxxxxx County operation shall be required and shall be subject to the independent auditor’s review. Contractor shall make all financial records for San Xxxxxxx County contract services available to the County at County’s request.
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ANNUAL FINANCIAL REVIEW. 1. Where the total value of the Provider’s contracts with BC Housing is $100,000.00 or more per annum, BC Housing will conduct an annual financial review of the Provider.
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ANNUAL FINANCIAL REVIEW. The Lender shall have the right to conduct an annual financial review of this credit facility on or about December 15 of each year at its own cost during the term of this Credit Agreement.
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Related to ANNUAL FINANCIAL REVIEW

  • Annual Audit If Subrecipient expends Federal funds in a fiscal year which equal or exceed $750,000 (seven hundred fifty thousand dollars) as specified in OMB Circular A-133-Revised, 2 CFR Part 200.500- Subpart F-Audit Requirements Subrecipient shall cause an audit to be prepared by a Certified Public Accountant (CPA) who is a member in good standing with the American Institute of Certified Public Accountants (AICPA) of the California Society of CPA’s. The audit must be performed annually in accordance with Generally Accepted Auditing Standards (GAAS) authorized by the AICPA and Federal laws and regulations governing the programs in which it participates. Furthermore, County retains the authority to require Subrecipient to submit similarly prepared audit at Subrecipient’s expense even in instances when Subrecipient’s expenditure is less than $750,000. Subrecipient will be required to identify corrective action taken in response to any findings identified by CPA related to their funded activity or program. Subrecipient will ensure an annual financial audit is performed in compliance with the Federal Single Audit Act and will submit two (2) copies of such audit report, including a copy of the management letter, to County within six (6) months of the end of each Contract year in which Subrecipient has received federal funding (i.e., July 1 – June 30). Failure to meet this requirement may result in County denying reimbursement of funds to Subrecipient, as well as future funding qualification. Subrecipients, which are exempt from statutory audit requirements, shall maintain records, which are available for review by County or Federal officials. Subrecipient acknowledges that any and all “Financial Statements” submitted to County pursuant to this County become Public Records and are subject to public inspection pursuant to Sec. 6250 et seq. of the California Government.

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