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Common use of Financial Reports and Audits Clause in Contracts

Financial Reports and Audits. As provided for under the JPA, an independent financial report by a professional accounting firm of the books and records of CPCNH shall be conducted each fiscal year, and a copy of such financial report shall be submitted to each Director and the Members. A copy of such financial report may also be provided to others as directed by the Chair. The Board shall determine when it is appropriate for audits to be performed by professional accounting firms.

Appears in 4 contracts

Samples: Joint Powers Agreement, Joint Power Agreement, Joint Powers Agreement