Finance and Accounting a. Prior to execution of this contract and on by June 30 each year thereafter, Subcontractor shall submit and approve a completed Funding Detail to CFCHS. The Funding Detail shall be completed using the Financial Module at xxxxxxxxx.xxx and reflect current year negotiated contracted dollars and services.
b. Thirty (30) days after the execution of this contract and on July 30 each year thereafter, Subcontractor shall submit a final Cost Allocation Plan to CFCHS. This plan, submitted with the provider’s fiscal reports as part of the proposal package, will be utilized in the analysis of that proposal package. If the Provider’s Cost Allocation Plan changes during the contract period, Subcontractor shall provide CFCHS an updated copy of said no later than thirty (30) days after its implementation by Subcontractor.
c. Subcontractor understands that there are limits to the administrative costs that can be allocated to its CFCHS funded activities. Subcontractor is required to comply with certain maximum administrative costs percentage for its CFCHS funding. Within the definitions of its Cost Allocation Plan, Subcontractor is required to allocate administrative costs to its CFCHS funded activities such that said costs do not exceed ten percent (10%).
d. Each month, Subcontractor is required to review and approve the reverse invoice generated by CFCHS by returning the reverse paper invoice to CFCHS with a signature via email, to include reporting of sliding fees collected.
e. Subcontractor shall analyze at minimum quarterly and notify CFCHS immediately upon discovery when the needs of the community require a change in programming and/or funding. Subcontractor is at risk of having allocated funds removed from this contract if utilization does not meet each quarter’s target spending rate.
Finance and Accounting. The Chief Financial Officer of Manager will have overall responsibility for the financial services to be provided by Manager under this Agreement. Manager will be responsible for the following financial and accounting services: accounting and reporting; financial planning and budgeting; treasury functions; settlements with Sprint PCS; and the cash management/accounts payable services described in ARTICLE 12. The services of the Chief Financial Officer of Manager and other employees of Manager as outlined in this SECTION 7.2, shall be deemed to be Management Services for which Manager shall be entitled to the Management Fee, as set forth in SECTION 10.1.
Finance and Accounting. The finance and accounting of the joint venture company shall be handled in accordance with the "Stipulations of the Finance and Accounting System of the Foreign Investment Enterprise of the People’s Republic of China" formulated by the Ministry of Finance of the People's Republic of China.
Finance and Accounting. (a) Service type This is a service provided to London TravelWatch by Transport Focus (b) Provider contact Xxxxx Xxxxxx
Finance and Accounting. 8.1 Party A shall establish the company’s financial and accounting system in accordance with laws, administrative regulations as well as the regulations of the department in charge of finance under the State Council. At the end of each fiscal year, the company shall prepare financial and accounting report and conduct financial audit in accordance with law.
8.2 When Party A distributes current year’s after-tax profits, it shall allot ten percent of profits as company’s statutory reserve. When total statutory reserve exceeds fifty percent of company’s registered capital, no further allotment may be made.
8.3 If Party A’s statutory reserve cannot cover the losses of previous years, current year’s profits shall be first used to make up losses before statutory reserve is allotted pursuant to the provisions of the foregoing article.
8.4 If Party A’s board of shareholdersor board of directors violates the provisions to distribute profits to the shareholders before the company makes up losses and allots statutory reserve, the shareholders shall refund the profits distributed in violation of the provisions to the company.
8.5 Party A shall provide the engaged accounting firm with the true and complete accounting vouchers, accounting books, financial and accounting report as well as other accounting materials and shall not refuse to do so, make concealment or give false information.
8.6 Except statutory accounting books, Party A shall not set up other accounting books. Party A shall not open accounts to store company’s assets in the name of any individual.
8.7 When Party A applies to the bank for project development loan, it shall notify Party B in advance. Party B shall have the right to participate in (including, but not limited to) plan preparation, negotiation, contract signing, etc and to put forth advices or opinions. The application plan for development loan shall be subject to the consent of the board of shareholders.
Finance and Accounting. (i) Timely and accurate payroll processing and support to employees and adjunct faculty. Timely accounts payable processing and payments.
(ii) Month-end close of accounts and records within agreed-upon timeframe.
(iii) Generation of monthly and periodic financial statements.
(iv) Analytical review of monthly results.
(v) Oversee internal audit compliance function and prepare monthly reporting to New University executive team.
(vi) Develop/generate weekly and monthly financial forecasts.
(vii) Provide financial analysis support to New University.
(viii) Support New University in the development of the New University Budget and long-term financial planning.
Finance and Accounting. Contributor will deliver certain Support Functions related to finance and accounting functions, comprised of month end closing of accounts, assistance in the preparation of New University Budgets, and financial reporting, to support New University in maintaining accurate and compliant financial reporting and internal mechanisms to assist in maintaining the financial health of the institution.
Finance and Accounting. The Exchange has a long-term operational cost, budget, and management plan. X The Exchange technology and system functionality complies with relevant HHS information technology (IT) guidance. X The Exchange has the adequate technology infrastructure and bandwidth required to support all of the Exchange activities. X The Exchange effectively implements IV&V, quality management, and test procedures for Exchange development activities and demonstrates it has achieved HHS-defined essential functionality for each required activity. X The Exchange has established and implemented written policies and procedures regarding the Privacy and Security standards set forth in 45 CFR § 155.260(a)-(g). X The Exchange has established and implemented safeguards that (1) ensure the critical outcomes in 45 CFR § 155.260(b)(4), including authentication and identity proofing functionality, and (2) incorporates HHS IT requirements as applicable. X The Exchange has adequate safeguards in place to protect the confidentiality of all Federal information received through the Data Services Hub, including but not limited to Federal tax information. X
Finance and Accounting. (a) The financial statements of the Target Company shall be prepared based on the transactions or events actually incurred and are in compliance with the international Generally Accepted Accounting Principles (“GAAP”), which have fairly reflected the financial conditions, performance results and cash flows of the Target Company in all material respects. An unqualified audit report has been issued by a certified public accountant on the financial statements of the Target Company as of September 30, 2015 (the “Financial Statements of the Target Company”).
(b) The Target Company has established an independent financial accounting system which enables it to make financial decision independently, and has set up standard financial accounting policies and financial management policies. The Target Company has no joint bank account with its controlling shareholder, de facto controlling person and any other enterprises under its control.
Finance and Accounting. The Framework Agreement sets out the governance and accountability arrangements between the Department of Health and NHS England. This annex provides additional detail on the finance and accounting arrangements which complements the Framework Agreement itself.
