Annual Report and Audit. a. Borrower shall file an annual report with the Department no later than ninety (90) days after the end of each Fiscal Year for the Development. The report shall be in such form and contain such information as required by the Department. b. As part of the annual report, the Borrower shall submit an audit of the Development prepared in accordance with generally accepted auditing standards by an independent certified public accountant. The Department may require the audit to be accompanied by a supplemental report prepared in accordance with Department requirements.
Appears in 4 contracts
Samples: Regulatory Agreement, Regulatory Agreement, Regulatory Agreement
Annual Report and Audit. a. Borrower shall file an annual report with the Department no later than ninety (90) days after the end of each Fiscal Year for the Development. The report shall be in such form and contain such information as required by the Department.
b. As part of the annual report, the Borrower shall submit an independent audit of the Development prepared in accordance with generally accepted auditing standards by an independent a certified public accountant. The Department may require the audit to be accompanied by a supplemental report prepared in accordance with Department requirements.
Appears in 1 contract
Samples: Regulatory Agreement
