Annual Financial Statement definition

Annual Financial Statement means the annual audited financial statement of Revenue and Operating Expenses and balance sheet for the Improvements, prepared at the Borrower’s expense, by an independent certified public accountant reasonably acceptable to the City, which shall form the basis for determining the Residual Receipts.

Annual Financial Statement is defined in Section 10.1(a).

Annual Financial Statement means the financial statements for a Financial Year delivered pursuant to paragraph (a) of Clause 25.1 (Financial statements).

Examples of Annual Financial Statement in a sentence

• In the event that either the Annual Financial Statement Audit or the Program- Specific Audit is not received in a timely manner and in accordance with the previously stated due dates and an audit extension has not been approved, The Children’s Trust shall withhold all payments to Provider until the documents are received and deemed by The Children’s Trust.

• In the event the County fails to approve or disapprove the audited Annual Financial Statement within the sixty (60) day period, Borrower may request a written determination of approval or disapproval following the expiration of such period.

• Within one hundred eighty (180) calendar days from the close of its fiscal year, Provider’s independent certified public accounting firm (CPA) must electronically submit to The Children’s Trust all the following documents, which together comprise an Annual Financial Statement Audit conducted in accordance with GAAP and standards contained in Government Auditing Standards issued by the Comptroller General of the United States (The Yellow Book).

• On or before each annual payment date, the Borrower shall submit the audited Annual Financial Statement to the County for the preceding calendar year.

• Within one hundred eighty (180) calendar days of the close of its fiscal year, Provider is required to provide a Program-Specific Audit related to the Contract to The Children’s Trust, in addition to the Annual Financial Statement Audit.

More Definitions of Annual Financial Statement

Annual Financial Statement means an annual financial report and an annual program report that are required to be published by a district. An annual financial report includes a statement of revenues and expenditures, along with other basic financial data. An annual program report includes a narrative description of programs offered, goals of the district, and student and staff data.

Annual Financial Statement has the meaning given in clauses 9.3 to 9.6;

Annual Financial Statement means an insurer's statutorily required financial statement under the insurer's respective authorizing chapter of the Revised Code.

Annual Financial Statement means the Annual Financial Statement for the Association to be approved by the Members, so that it may then be delivered to the Registrar of Incorporated Societies in accordance with section 23 of the Act;

Annual Financial Statement means the financial statements for a Fiscal Year delivered pursuant to Section 5.01(a).

Annual Financial Statement has the meaning set forth in Section 4.7(a).

Annual Financial Statement means the financial statement of a reporting entity as described in Section 3515 of Title 31 of the United States Code and OMB Bulletin 97-01, "Form and Content of Agency Financial Statements" and subsequent issuances (OMB's Form and Content Bulletin), and, shall be comprised of: