Common use of Verification of the partner’s accounting system Clause in Contracts

Verification of the partner’s accounting system. The auditor must verify that:  the accounting system (analytical or other suitable internal system) makes it possible to identify sources of financing for the specific action and related expenses incurred during the contractual period and  expenses/income under the specific grant have been recorded systematically using a numbering system that distinguishes them from expenses/income for other projects. Certificate on the financial statement (CFS) To [Partner/affiliated entity’s full name address] We, [full name of the audit firm/organisation], established in [full address/city/country], represented for signature of this audit certificate by [name and function of an authorised representative], hereby certify that:

Verification of the partner’s accounting system. The auditor must verify that:  the accounting system (analytical or other suitable internal system) makes it possible to identify sources of financing for the specific action work programme and related expenses incurred during the contractual period and  expenses/income under the specific grant have been recorded systematically using a numbering system that distinguishes them from expenses/income for other grants/projects. Certificate on the financial statement (CFS) To [Partner/affiliated entity’s full name address] We, [full name of the audit firm/organisation], established in [full address/city/country], represented for signature of this audit certificate by [name and function of an authorised representative], hereby certify that:

Verification of the partner’s accounting system. The auditor must verify that:  the accounting system (analytical or other suitable internal system) makes it possible to identify sources of financing for the specific action work programme and related expenses incurred during the contractual period and  expenses/income under the specific grant have been recorded systematically using a numbering system that distinguishes them from expenses/income for other grants/projects. Certificate on the financial statement (CFS) To [Partner/affiliated entity’s full name address] We, [full name of the audit firm/organisation], established in [full address/city/country], represented for signature of this audit certificate by [name and function of an authorised representative], hereby certify that: