Financial Systems. The Grantee shall have financial systems in place to maintain internal controls, ensure proper management of federal and state funds, maximize non-federal resources, and maintain solvency. The Grantee’s accounting and internal control systems must meet the following requirements: A. The systems must be appropriate to the size of the organization. B. The accounting system must consist of source documents, a chart of accounts, journals, ledgers, and routine financial reports.
Appears in 5 contracts
Samples: 2 1 1 Texas Information and Referral Services Contract, 2 1 1 Texas Information and Referral Services Contract, 2 1 1 Texas Information and Referral Services Contract
