Fiscal Management & Reporting Sample Clauses

Fiscal Management & Reporting. A. The FSMC shall manage and accurately report, daily, all revenue-generating activities through the approved, DCPS-owned Point-of-Sale (POS) system in coordination with the Office of the Chief Financial Officer (OCFO), including, but not limited to, cash sales and federal reimbursements. B. The FSMC shall manage and accurately report all revenues, credits, fees, and expense items in a manner and format agreed to by DCPS; and C. The FSMC shall manage and accurately report the food service program income position as required by DCPS.
Sample 1
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Fiscal Management & Reporting. Contractor will provide State, for review, the Contractor’s yearly (audited) financial statements. On an annual basis, Contractor must require by signature of its authorized representative, that since the date of Contractor’s most recent financial statements, there has not been any material adverse change in Contractor’s business or condition, nor has there been any change in the assets or liabilities or financial condition from that reflected in the financial statements which is material to Contractor’s ability to perform its obligations under this Contract. If requested, Contractor agrees to provide State with a copy of its most recent financial statement, related to this specific Contract.
Sample 1
Fiscal Management & Reporting 
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Related to Fiscal Management & Reporting

  • Fiscal Management Grantee must have accounting and internal control systems to ensure proper management of federal and state funds, maximize non-federal resources, and maintain solvency. Xxxxxxx’s accounting and internal control systems must meet the following requirements:

  • Financial Management System Subrecipient shall establish and maintain a sound financial management system, based upon generally accepted accounting principles. Contractor’s system shall provide fiscal control and accounting procedures that will include the following:

  • Financial Management, Financial Reports and Audits 1. The Recipient shall maintain or cause to be maintained a financial management system in accordance with the provisions of Section 4.09 of the General Conditions.

  • Financial Management (a) The Recipient shall ensure that a financial management system is maintained in accordance with the provisions of Section 2.09 of the Standard Conditions.

  • Management Reports Promptly upon receipt thereof, copies of all detailed financial and management reports submitted to the Company by independent auditors in connection with each annual or interim audit made by such auditors of the books of the Company.

  • Financial Management Services ‌ Definition: Financial Management Services includes the planning, directing, monitoring, organizing, and controlling of the monetary resources of an organization. Examples: Service areas that are included under the Financial Management Services discipline include, but are not limited to the following:

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