Working Paper Retention and Access to Working Papers Sample Clauses

Working Paper Retention and Access to Working Papers. All working papers and reports must be retained, at the auditor's expense, for a minimum of seven (7) years after the report is issued, unless the firm is notified in writing by County of the need to extend the retention period. The Contractor will be required to make working papers available, upon request, to County. In addition, the Contractor shall respond to the reasonable inquiries of successor auditors and allow successor auditors to review working papers relating to matters of continuing accounting significance.
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Working Paper Retention and Access to Working Papers. The awarded auditor shall establish and maintain a reasonable accounting system, which enables ready identification of auditor’s cost of goods and use of funds. Such accounting system shall also include adequate records and documents to justify all prices for all items invoiced as well as all charges, expenses and costs incurred in providing the goods for at least five (5) years after completion of this contract. The County or its designee shall have access to such books, records, subcontract(s), financial operations, and documents of the auditor or its sub-Contractors as required to comply with this section for the purpose of inspection or audit anytime during normal business hours at the contractor's place of business. This right to audit shall include the auditor’s sub-Contractors used to procure goods or services under the contract with the County. Auditor shall ensure the County has these same rights with sub-Contractor(s) and suppliers. In addition, the auditors shall respond to the reasonable inquiries of successor auditors and allow successor auditors to review working papers relating to matters of continuing accounting significance.
Sample 1Sample 2
Working Paper Retention and Access to Working Papers. All working papers and reports must be retained, at the auditor’s expense, for a period of three (3) years after completion of any work provided herein, unless the firm is notified in writing by the City of Boynton Beach of the need to extend the retention period. City management and their representatives shall be entitled at any time during the contract period to inspect and reproduce such documents as deemed necessary. In addition, the firm shall respond to the reasonable inquiries of successor auditors and allow successor auditors to review working papers relating to matters of continuing accounting significance. As requests for copies of working papers are fulfilled, the auditors will be required to notify the Director of Financial Services of the request, as appropriate.
Sample 1
Working Paper Retention and Access to Working Papers. All working papers and reports must be retained, at the auditor's expense, for a minimum of three (3) years after issuance of the audit report, unless the firm is notified in writing by the City of Milpitas of the need to extend the retention period. The auditor will be required to make working papers available to the City of Milpitas, or any government agencies included in the audit of federal grants. In addition, Consultant shall respond to the reasonable inquiries of successor auditors and allow the successor auditors to review working papers relating to matters of continuing accounting significance. KEY MILESTONES FOR DELIVERABLES (2015) Schedule for the 2015 Fiscal Year Audit (similar schedules will be developed in subsequent years) Each of the following should be completed by the auditor no later than the dates indicated: However, it is the objective to the City to have the final reports on October 26, 2015 and to present the audit reports to Council on November 17, 2015 and the EDC tax return filed timely.
Sample 1
Working Paper Retention and Access to Working Papers. At the auditor’s expense, all working papers and reports shall be retained for a minimum of seven (7) years from the end of the fiscal year to which they apply or for a different period of time if so notified in writing by the City. The auditor shall make working papers available, upon request, to the following parties or their designees: • City of Sunnyvale; • U. S. Department of Housing and Urban Development (HUD); • U. S. Government Accountability Office (GAO); • Parties designated by the federal or state governments or by the City of Sunnyvale as part of an audit quality review process; • Auditors of entities of which the City is a sub-recipient of grant or loan funds; • US Treasury; • State of California Office of the State Controller. In addition, the auditor shall respond to the reasonable inquiries of successor auditors and allow successor auditors to review working papers relating to matters of continuing accounting significance.
Sample 1
Working Paper Retention and Access to Working Papers. All working papers and reports shall be retained, at the AUDITOR’s expense, for a minimum of three (3) years, unless the firm is notified in writing by the DISTRICT of the need to extend the retention period. The AUDITOR will be required to make working papers available, upon request, to the following parties or their designees:  The Director of Finance.  Parties designated by the federal or state governments or by the DISTRICT as part of an audit quality review process.  Auditors or entitles of which the DISTRICT is a sub-recipient of grant funds. In addition, the AUDITOR shall respond to the reasonable inquiries of successor auditors and allow successor auditors to review working papers relating to matters of continuing accounting significance. EXHIBIT B SCHEDULE OF FEES Fiscal Year Ending June 30, 2017 Hourly Rates Hours Total Partner $240 20 $4,800 Manager 140 30 4,200 Senior 110 70 7,700 Staff 85 80 6,800 Total all-inclusive maximum price fiscal year 2016-17 200 (including audit, CAFR, and State Controllers Report) $23,500 Fiscal Year Ending June 30, 2018 Hourly Rates Hours Total Partner $240 20 $4,800 Manager 140 30 4,200 Senior 110 70 7,700 Staff 85 80 6,800 Total all-inclusive maximum price fiscal year 2017-18 200 (including audit, CAFR, and State Controllers Report) $23,500 Fiscal Year Ending June 30, 2019 Hourly Rates Hours Total Partner $245 20 $4,900 Manager 145 30 4,350 Senior 115 70 8,050 Staff 90 80 7,200 Total all-inclusive maximum price fiscal year 2018-19 200 (including audit, CAFR, and State Controllers Report) $24,500
Sample 1
Working Paper Retention and Access to Working Papers. All working papers and reports must be retained, at the Auditor's expense, in accordance with the Florida Department of State General Records Schedule for State and Local Government Agencies, or longer if required by other authority, unless the firm is notified in writing by the County of the need to extend the retention period. The Auditor shall make working papers available, upon request, without charge, to the following parties or their designee: • Pasco County • Clerk & Comptroller • United States Department of Health and Human Services • United States General Accounting Office (GAO) • Parties designated by the Federal or State governments or by County as part of an audit quality review process • Auditors of entities of which the County is a sub-recipient of grant funds
Sample 1
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Working Paper Retention and Access to Working Papers. All working papers and reports must be retained, at the auditor's expense, for a minimum of seven (7) years, unless the auditor is notified in writing by the County of the need to extend the retention period. The auditor will be required to make working papers available, upon request, to the following parties or their designees: • The Grand Jury • Audit Committee • County Management • Government Accounting Office (GAO) • Parties designated by the federal or state governments or by the County as part of an audit quality review process • Auditor of entities of which the County is a subrecipient of grant funds In addition, the auditor shall respond to the reasonable inquiries of successor auditor and allow successor auditor to review working papers relating to matters of continuing accounting significance.
Sample 1
Working Paper Retention and Access to Working Papers. All working papers and reports must be retained, at the auditor's expense, for a minimum of three (3) years after issuance of the audit report, unless the firm is notified in writing by the City of Milpitas of the need to extend the retention period. The auditor will be required to make working papers available to the City of Milpitas, or any government agencies included in the audit of federal grants. In addition, the firm shall respond to the reasonable inquiries of successor Consultant and allow the successor Consultant to review working papers relating to matters of continuing accounting significance.
Sample 1

Related to Working Paper Retention and Access to Working Papers

  • Obligation to Provide State Access to Grant Records The Grantee must make all grant records of expenditures, copies of reports, books, and related documentation available to the Division or a duly authorized representative of the State of Florida for inspection at reasonable times for the purpose of making audits, examinations, excerpts, and transcripts.

  • Obligation to Provide Public Access to Grant Records The Division reserves the right to unilaterally cancel this Agreement in the event that the Grantee refuses public access to all documents or other materials made or received by the Grantee that are subject to the provisions of Chapter 119, Florida Statutes, known as the Florida Public Records Act. The Grantee must immediately contact the Division's Contract Manager for assistance if it receives a public records request related to this Agreement.

  • AUDIT AND ACCESS TO RECORDS The State reserves the right to conduct a programmatic and financial audit of the project, and the State may withhold payment until the audit is satisfactorily completed. The Grantee will be required to maintain all pertinent records and evidence pertaining to this Agreement, including grant and any required matching funds, in accordance with generally accepted accounting principles and other procedures specified by the State. The State or any of its duly authorized representatives must have access, upon reasonable notice, to such books, records, documents, and other evidence for the purpose of inspection, audit, and copying. The Grantee will provide proper facilities for such access and inspection. All records must be maintained for a minimum of five years after the final payment has been issued to the Grantee by the State.

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