Financial Management and Reporting Sample Clauses

Financial Management and Reporting. A) Prepare and email and/or make electronically available “Standard Financial Reports” quarterly. B) If required by Related Client’s lender: 1) Prepare and email and/or make electronically available “Standard Financial Reports,” or subset of Standard Financial Reports on a schedule agreed to with lender. 2) Prepare and submit financial reports (e.g., financial ratios) to satisfy loan covenants. C) In this SC Agreement Standard Financial Reports include: 1) Income Statement 2) Balance Sheet D) Client & Board Meetings 1) If ExED is otherwise participating in board review under the Master Agreement, at Related Client’s option ExED’s board reports for Client will also include discussion of the Related Client(s) financial activity. 2) Present, or arrange for Auditor to present, annual audit to Related Client’s Governing Board.

Financial Management and Reporting. A) Standard Financial Reports 1) Prepare and email and/or make electronically available Standard Financial Reports, or subset of Standard Financial Reports approved by Client Administrator, to Client Administrator monthly by the 10th of the month following month end reconciliation. For example, financial reports for September will be available by November 10th. 2) Standard Financial Reports include: (a) Financial Dashboard (excluded from July Financial Package) (b) Monthly Forecast (excluded from July Financial Package) (c) Financial Analysis (excluded from July Financial Package) (d) Income Statement (e) Balance Sheet (f) Statement of Cash Flows (g) Check Register (h) General Ledger B) Financial Dashboard 1) Prepare a dashboard which displays key indicators of financial health – income statement summary with variances and forecast, cash flow charts with actuals and forecast for the year, ADA chart with actuals and forecast, and balance sheet summary. C) Monthly Forecasting 1) ExED will analyze cash flow on a monthly basis and project out timing of revenue and expenses for the rest of the year. This tool will enable stakeholders to make timely decisions of expense reductions that may need to be made or additional revenue that could be spent. This tool ensures that the Executive Director or Principal can understand at any point in the year, what the end of the year is expected to look like financially. D) Financial Analysis 1) ExED will perform on-going analysis of actual versus budget revenue and expenses and monitor cash flow. As it relates to Standard Financial Reports, any unusual items and/or unfavorable trends identified by ExED will be reported to the Client at that time.

Financial Management and Reporting. IPA shall implement cash management policies in keeping with sound financial management practices in order to ensure timely and accurate payment to all providers who provide Medically Necessary IPA Services to IPA Members, acknowledging that WellCare is responsible for the final determination of benefit payments to be made under an IPA

Financial Management and Reporting. IPA shall implement cash management policies in keeping with sound financial management practices in order to ensure timely and accurate payment to all providers who provide Medically Necessary IPA Services to IPA Members, acknowledging that WellCare is responsible for the final determination of benefit payments to be made under an IPA Member Benefit Plan. Additionally, upon FPA's exercise of the Option, IPA shall require FPA to guarantee the PC Liabilities, pursuant to a guarantee in form reasonably satisfactory to WellCare. Within thirty (30) days of the end of each calendar quarter during the term hereof, IPA shall deliver to WellCare (i) balance sheet of IPA and (ii) IPA's statement of operations in connection with IPA's obligations set forth herein for the calendar quarter then ended prepared in accordance with generally accepted accounting principles ("GAAP") and fairly representing the financial condition of IPA for the relevant quarter. Within sixty (60) days of the end of each of IPA's fiscal years throughout the term hereof, IPA shall deliver to WellCare (i) annual unaudited balance sheet of IPA prepared in accordance with GAAP and (ii) IPA's statement of operations in connection with the obligations of IPA set forth herein. IPA shall also provide WellCare, upon a reasonable request, financial information and reports related to IPA's performance of this Agreement, including encounter, utilization, and cost reports as may be required by the New York State Department of Insurance and New York State Department of Health (collectively, "Departments") or other governmental agency and such and other financial reports and data as WellCare may require to efficiently and effectively manage costs and utilization and to provide quality medical care to IPA Members.

Financial Management and Reporting. Financial management and reporting consists of the Financial Overview service, the budgeting service, and the key figures and reporting service, which also includes chain and group reporting, which is activated separately. The Financial Overview service includes reporting, forecasting and budgeting features. The Financial Overview is included in the professional and premium packages. The budgeting service includes a budgeting section. The key ratios and reporting consist of the income statement, balance sheet and key ratio combinations, which provide a monthly outlook for earnings and capital structure and growth, profitability and financing key ratios, as well as cash flow realisations and forecasts. The reporting tool includes properties for user-generated key ratios and views. Chain and group reporting can be used to calculate and make eliminations for group reporting. Chain reporting allows legal companies belonging to a chain to be reported in parallel in the income statement format. The Netvisor Store service includes reporting services selected by the Supplier.

Financial Management and Reporting. (15%); 4. KPA 4 Infrastructure (15%); 5. KPA 5 Social Services (15%); 6. KPA 6 Economic Development (15%) 7. KPA 7 Environment and Sanitation (10%) LGS: Performance Contract (between MMDCE & MMDCD) Confidential

Financial Management and Reporting. The Rehabilitation services users group shall establish and pursue standard financial accounting and management procedures in operating the funds provided by HI for the activities to be carried out that is enshrined in this MOU. The Rehabilitation services users group will provide the original receipts of all procurement done and attach them to the financial report . The financial and narrative reports will be submitted as per the schedule outlined in annex 3, using the reporting templates outlined in annex 4. The financial report will cover the cost provided by HI for each activity that is enshrined in this MOU. The reports will be submitted to the Project Officer in Freetown. Where Handicap International directly appoints or recruits a third party and or service on behalf of any activity of the users group, HI will manage the financial aspect of this contract autonomously.

Financial Management and Reporting. Provides leadership and direction and manages the financial and budgeting processes for the Department. Participates as a member of the Finance team and provides financial information and data to inform and improve business planning and decision making. Sources and collates information and data and contributes to the preparation of financial reports, mid-year budget review, budget submissions, Budget Estimates Committee briefing notes and annual reviews of fees and charges. Administration Management Develops systems and processes to enable effective monitoring and reporting of administrative activities and provides information and data to inform and improve business planning and decision making. Develops performance indicators in liaison with stakeholders and monitors and reports on KPI's for the Divisions. Undertakes research and prepares responses to Parliamentary Questions and requests for general information. In collaboration with stakeholders, develops, implements and improves appropriate systems for the management, storage and dissemination of information for Divisions and Ministerial Offices. Communication and Relationship Building Establishes and manages effective working relationships with senior staff in the Department, including Ministerial Offices. Manages and coordinates negotiations with management in the annual budgeting process, mid-year reviews and preparation of estimates briefing notes. Project Management Identifies, recommends and manages cost centres with a view to improving financial and administrative reporting and monitoring systems and increasing the capability to provide accurate and timely reporting.

Financial Management and Reporting. A) Standard Financial Reports 1) Prepare and email Standard Financial Reports to School Administrator monthly by the 10th of the month following month end reconciliation. For example, financial reports for September will be emailed by November 10th. 2) Standard Financial Reports include: (a) Financial Dashboard (excluded from July Financial Package) (b) Monthly Forecast (excluded from July Financial Package) (c) Financial Analysis (excluded from July Financial Package) (d) Income Statement (e) Balance Sheet (f) Statement of Cash Flows (g) Check Register (h) General Ledger B) Financial Dashboard 1) Prepare a dashboard which displays key indicators of financial health – income statement summary with variances and forecast, cash flow charts with actuals and forecast for the year, ADA chart with actuals and forecast, and balance sheet summary. C) Monthly Forecasting 1) ExED will analyze cash flow on a monthly basis and project out timing of revenue and expenses for the rest of the year. This tool will enable stakeholders to make timely decisions of expense reductions that may need to be made or additional revenue that could be spent. This tool ensures that the Executive Director or Principal can understand at any point in the year, what the end of the year will look like financially. D) Financial Analysis 1) ExED will perform on-going analysis of actual versus budget revenue and expenses and monitor cash flow. As it relates to Standard Financial Reports, any unusual items and/or unfavorable trends identified by ExED will be reported to the School site at that time. E) School & Board Meetings 1) At a minimum once every quarter, ExED to prepare and review Standard Reports with School Administrators. 2) Prepare and present the School’s financial health to School Board as appropriate, but no less than once every quarter, and including special Board meetings. 3) Prepare and present school financial reports to Finance Committees as appropriate. 4) Present annual audit to Audit Committee as appropriate. F) Charter School Authorizer Financial Reporting 1) Complete and submit all financial reporting required to charter school authorizer including First Interim, Second Interim, Unaudited Actuals, and Preliminary Budget. G) Facility Financing Reporting 1) As appropriate, ExED will prepare necessary facility financing reports and attend facility financing meetings. Extensive facility financing reports may require an additional fee.

Financial Management and Reporting. The PPG guidance and regulation states that PPG recipients must maintain accounting and financial records that adequately identify the source (i.e., federal funds and match) and application of funds provided for PPG activities. Colorado maintains records that contain relevant information such as obligations, non-obligated balances, outlays, expenditures and program income. Colorado PPG funds will be tracked to the total effort or cost incurred for the PPG work, not necessarily to individual categorical sources of funding.