Common use of Operating Practices Clause in Contracts

Operating Practices. The PIHP shall adhere to Generally Accepted Accounting Principles and other federal and state regulations. The final expenditure report shall reflect incurred but not paid claims. PIHP program accounting procedures must comply with: A. Generally Accepted Accounting Principles for Governmental Units. B. Audits of State and Local Governmental Units, issued by the American Institute of Certified Public Accountants (current edition). C. OMB Circular A-87

Appears in 6 contracts

Samples: Medicaid Managed Specialty Supports and Services Concurrent Waiver Program Agreement, Medicaid Managed Specialty Supports and Services Concurrent Waiver Program Agreement, Michigan Abw Non Pregnant Childless Adults Waiver (Adult Benefits Waiver) Section 1115 Demonstration

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