Common use of Auditor’s Report Clause in Contracts

Auditor’s Report. A complete financial statement outlining the financial status of the Project (for a period of time as indicated by context) the contents of which shall include a certification of Total Project Cost (in the first Auditor’s Report following Substantial Completion only, with any changes to be contained in a subsequent Annual Report) and proper and accurate computations of annual Gross Revenue and Net Profit. The contents of the Auditor’s Report shall be prepared in conformity with generally accepted accounting principles and shall contain such information as necessary to compute the foregoing items, and any other items required by Law, Statutes or Ordinance. The Auditor’s Report shall be certified as to its conformance with such principles by a certified public accountant who is licensed to practice that profession in the State of New Jersey.

Appears in 2 contracts

Samples: Financial Agreement, Financial Agreement

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Auditor’s Report. A complete financial statement outlining the financial status of the Project (for a period of time as indicated by context) the contents of ), which shall include a certification of Total Project Cost (in the first Auditor’s Report following Substantial Completion only, with any changes to be contained in a subsequent Annual Auditor’s Report) and proper and accurate computations of annual Annual Gross Revenue and Net Profit. The contents of the Auditor’s 's Report shall be prepared in conformity with generally accepted accounting principles and shall contain such information as necessary to compute the foregoing items, and any other items required by Law, Statutes the Law or Ordinanceby Borough ordinance. The Auditor’s 's Report shall be certified as to its conformance with such principles by a certified public accountant who that is licensed to practice that profession in the State of New Jersey.

Appears in 2 contracts

Samples: Financial Agreement, Financial Agreement

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Auditor’s Report. A complete financial statement outlining the financial status of the Project (for a period of time as indicated by context) the contents of ), which shall include a certification of Total Project Cost (in the first Auditor’s Report following Substantial Completion of the entire Project only, with any changes to be contained in a subsequent Annual Auditor’s Report) and proper and accurate computations of annual Annual Gross Revenue and Net Profit. The contents of the Auditor’s 's Report shall be prepared in conformity with generally accepted accounting principles and shall contain such information as necessary to compute the foregoing items, and any other items required by Law, Statutes the Law or Ordinanceby Borough ordinance. The Auditor’s 's Report shall be certified as to its conformance with such principles by a certified public accountant who that is licensed to practice that profession in the State of New Jersey.

Appears in 1 contract

Samples: Financial Agreement

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