Financial Management, Financial Reports and Audits. 1. The Borrower shall maintain or cause to be maintained a financial management system in accordance with the provisions of Section 5.09 of the General Conditions.
Financial Management, Financial Reports and Audits. 1. No later than ninety (90) days from the date of effectiveness, the Borrower, through the CFU, shall have, under terms of reference and in a manner acceptable to the Bank, installed and adapted appropriate accounting software for Project accounting, budgeting and reporting.
Financial Management, Financial Reports and Audits. 1. The Borrower shall cause PEPS to maintain a financial management system in accordance with the provisions of Section 5.09 of the General Conditions.
Financial Management, Financial Reports and Audits. 1. The Borrower shall cause HAMAG-BICRO to maintain or cause to be maintained a financial management system in accordance with the provisions of Section 5.09 of the General Conditions.
Financial Management, Financial Reports and Audits. 1. The Borrower shall maintain a financial management system and prepare financial statements in accordance with consistently applied accounting standards acceptable to the Bank, both in a manner adequate to reflect the operations and financial condition of the Borrower, including the operations, resources and expenditures related to Part C of the Project.