Common use of Management and Financial Controls Clause in Contracts

Management and Financial Controls. ‌ The School's Governing Board shall develop and adhere to a policy for the School’s financial management that shall be readily accessible from the School’s website, as described in Section 8.9. This policy shall allow the School to maintain appropriate governance and management procedures and financial controls which shall include, but not be limited to: a. Budgets; b. Accounting policies and procedures; c. Payroll procedures; d. Financial reporting; and e. Internal control procedures for receipts, disbursements, purchases, payroll, inventory, and fixed assets.

Management and Financial Controls. ‌ The School's Governing Board shall develop and adhere to a policy for the School’s financial management that shall be readily accessible from the School’s website, as described in Section 8.9. This policy shall allow the School to maintain appropriate governance and management procedures and financial controls which shall include, but not be limited to: a. Budgets; b. Accounting policies and procedures; c. Payroll procedures; d. Financial reporting; and e. Internal control procedures for receipts, disbursements, purchases, payroll, inventory, and fixed assets.

Management and Financial Controls. ‌ The School's Governing Board shall develop and adhere to a policy for the School’s financial management that shall be readily accessible from the School’s website, as described in Section 8.9. This policy shall allow the School to maintain appropriate governance and management procedures and financial controls which shall include, but not be limited to: a. Budgets; b. Accounting policies and procedures; c. Payroll procedures; d. Financial reporting; and e. Internal control procedures for receipts, disbursements, purchases, payroll, inventory, and fixed assets.