Maintenance of Financial Records Sample Clauses
Maintenance of Financial Records. The School shall use the standard state format contained in the Financial and Program Cost Accounting and Reporting for Florida Schools (The Red Book) for all financial transactions and maintenance of financial records.
Maintenance of Financial Records. Provider shall maintain all pertinent financial and accounting records and evidence pertaining to this Agreement based on financial and statistical records that can be verified by CMHSP or its auditors in accordance with CMHSP and LRE Policies and Procedures for Record Retention.
Maintenance of Financial Records. The School shall use the standard state format contained in the Financial and Program Cost Accounting and Reporting for Florida Schools (The Red Book) for all financial transactions and maintenance of financial records. Financial and Program Cost Accounting and Reporting for Florida Schools The School agrees to do an annual cost accounting in a form and manner consistent with generally accepted governmental accounting standards in Florida. The financial statements are to be prepared in accordance with the provisions of section 1002.33(9), Florida Statutes. Financial Reports Monthly or Quarterly Financial Reports The School will submit a monthly or quarterly, as applicable, financial statement pursuant to section 1002.33(9), Florida Statutes, and Rule 6A-1.0081, Florida Administrative Code, to the Sponsor no later than the last day of the month following the month being reported or in the case of a High-Performing charter school, financial reports shall be submitted quarterly as provided by Florida law. The monthly or quarterly report will be in the format prescribed by the FDOE. The parties agree that the Sponsor may reasonably request, in accordance with section 1002.33(5)(b)1.j., Florida Statutes, documents on the School's financial operations beyond the monthly financial statement and the School shall provide in a reasonable timeframe. Annual Property Inventory The School will submit annually to the Sponsor a property inventory of all capital assets or additions to capital assets purchased with public funds (including grant funds). This includes land or existing buildings, improvements to grounds, construction of buildings, additions to building, remodeling of buildings, initial equipment, new and replacement equipment, and software. This shall include furniture, fixtures, and equipment. The property inventory shall include the date of purchase, description of the item purchased, the cost of the item, and the item location. The property inventory shall be submitted to the sponsor annually at the same time School’s Annual Audit is submitted. Program Cost Report The School agrees to deliver to the Sponsor its annual cost report in a form and manner consistent with generally accepted governmental accounting standard in Florida, no later than the last business day in July. Annual Financial Audit The School will annually obtain a financial audit, from a licensed Certified Public Accountant or Auditor, selected pursuant to section 218.391, Florida Statutes. T...
Maintenance of Financial Records. The Seller shall maintain its current fiscal year and keep adequate books and records of account, in which true and complete entries will be made reflecting all of its business and financial transactions, and such entries will be made in accordance with GAAP and applicable governmental regulations.
Maintenance of Financial Records. Recipient must maintain auditable financial records per generally accepted accounting principles and in accordance with OAR 309-013-0075 through 0220 and in sufficient detail to permit County or the State to verify how any payments received under this Agreement were expended.
Maintenance of Financial Records. The School shall use the standard state 30 codification of accounts as contained in the DOE’s Financial and Program Cost 1 Accounting and Reporting for Florida Schools (Red Book), as a means of 2 codifying all transactions pertaining to its operations. The accounting for federal, 3 state and local funds shall be maintained according to existing guidelines, 4 mandates, and practices, i.e., separate funds and bank accounts for federal, state, 5 and local funds as required under applicable statutes. The School’s financial 6 activities and reports shall be subject to the Florida Department of Education 7 (DOE) Technical Assistance Paper No. 200903, as well as any subsequently 8 issued directives by the State and other applicable Governmental Accounting 9 Standards.
Maintenance of Financial Records. The CONTRACTOR shall maintain eight (8) years of any and all letters, books of account, invoices, vouchers, canceled checks, and other records or documents evidencing or relating to charges for services or expenditures and disbursements charged to Service Recipients for a minimum period of five (5) years, or for any longer period required by law, from the date of final payment to the CONTRACTOR pursuant to this Agreement.
Maintenance of Financial Records. Grantee will keep copies of all Reports and financial records, including receipts and other expense documentation, for at least four (4) years after completing the Grant. Grantee will make its Reports and financial records available to WMF staff or agents at reasonable times for review or audit.
Maintenance of Financial Records. Maintain proper books and records of account, in accordance with Generally Accepted Accounting Principles, and/or consistent with financial statements previously submitted to the Lender.
Maintenance of Financial Records. The Processor shall maintain records of revenues generated and development and operating expenditures incurred in connection with the Plan. In addition, the Processor shall provide the Participants with: (a) A statement of financial and operational condition on a quarterly basis; and (b) an audited statement of financial and operational condition on an annual basis.