Audited financial reports a. The Contractor shall submit audited financial reports specific to this Agreement on an annual basis. The audit shall be conducted in accordance with generally accepted accounting principles and generally accepted auditing standards.
Audited financial reports. In accordance with 42 CFR 438.3(m) Contractor must submit to the Department on an annual basis an audited financial report specific to this Contract. The audit must be conducted in accordance with generally accepted accounting principles and generally accepted auditing standards. The audited financial report for calendar year 2022 is due to the Department no later than July 31, 2023. Contractor shall conduct the audit on an annual basis and submit future financial reports to the Department no later than July 31st of the following calendar year.
Audited financial reports. As soon as available but in any event not later than 90 days after the end of the fiscal year, audited financial reports, including the detailed balance sheet of the Partnership as of the end of the preceding fiscal year and related statements of income, cash flow and Partners' capital and changes in financial position for the fiscal year, accompanied by an opinion of the Partnership's independent public accountants stating that the financial statements have been prepared according to GAAP;
