Accounting and Financial Statements Clause Samples

Accounting and Financial Statements. (i) The Company shall operate books of account and shall prepare financial statements for each year, including a balance sheet as at December 31st and a profit and loss statement for the year ending on such date, as well as any additional financial statements as may be required in accordance with US generally accepted accounting principles (“GAAP”). The financial statements will be signed by one or more Directors on behalf of the Board of Directors. The financial statements shall be audited by the Company’s auditor. (ii) The financial statements in respect of any year will be kept at the registered office for at least seven (7) years after such year and will be available for inspection by members of the Board of Directors and the stockholders.

Accounting and Financial Statements. (i) Health Watch shall at all times keep true and complete accounting and financial records in accordance with GAAP consistently applied and, without limiting the generality of the foregoing provide the Stockholders upon 3-days' prior written request no more often than monthly with all information reasonably requested to determine whether they earned all or any part of the Deferred Purchase Price. (ii) Health Watch will provide the Stockholders concurrently with each delivery of financial information pursuant to Section 5.10 f.(i), a certificate by Buyer's chief financial officer certifying that to the best of the officer's knowledge and belief, such information is true and correct.

Accounting and Financial Statements. The Trustee shall maintain separate records and ledger accounts in respect of the LDC Fund and disbursements thereof. For as long as any resources remain in the LDC Fund, the Trustee shall report to the CEO quarterly on the status of resources in the LDC Fund and shall provide the Council with an annual financial statement with respect to the fund. Such financial statements will be prepared in United States dollars.

Accounting and Financial Statements. Company will maintain a set of accounting records in accordance with generally accepted industry standards. a. Company will distribute monthly to all members of the Board a financial statement for the previous month, including copies of the Balance Sheet, Statement of Income and Expenses, Schedules of Cash Investments, reserve allocations, and a check register of disbursements. Company shall also report to Board any cash flow problems. b. Company shall reconcile all bank statements received by Company and shall provide to the Board on a quarterly basis copies of the bank statements and reconciliations. c. Company will cooperate with the Association’s Certified Public Accountant in its review of Association's financial statement and preparation of the Association’s tax returns. Association shall pay Company for this service as set forth in Exhibit A. d. Company will, upon direction from the Board, distribute to all members (homeowners) of the Association, at Association expense, copies of annual financial statements, budgets, collection policies, and all other publications and reports deemed necessary by the Board and applicable laws.

Accounting and Financial Statements. Reports. The Company will maintain proper books of records and accounts in which full, true and correct entries in accordance with generally accepted accounting principles will be made of all dealings and transactions in relation to its business and activities. The Company will deliver to Comb▇ ▇▇▇ following: (a) As soon as practicable, but in any event within 90 days, after the end of the Company's fiscal year, a balance sheet of the Company at the end of such fiscal year, an income statement, a cash flow statement and a statement of changes in stockholders' equity of the Company for such fiscal year, all in accordance with generally accepted accounting principles consistently applied. Each yearly statement submitted pursuant to this Section 7.02(b) shall be in reasonable detail and certified by a "big six" accounting firm or such other independent certified public accounting firm as may be selected by the Company and approved in writing by Comb▇ ▇▇ fairly representing the financial condition and results of operations of the Company. (b) As soon as practicable, but in any event within 30 days, after the end of each fiscal year, copies of projections of cash flow and the balance sheet of the Company, all estimated for the then-current fiscal year, all in accordance with generally accepted accounting principles consistently applied and representing the best estimate of the Company based on available information. (c) As soon as practicable, but in any event within five days, after filing or mailing, copies of all reports, applications, registration statements and amendments thereto, prospectuses, proxy materials and other documents filed by the Company with the Commission or any governmental department, bureau, commission or agency succeeding to the functions of the Commission or mailed to the stockholders of the Company, and of all original or supplemental

Accounting and Financial Statements. 6.1 The books and records of the Partner shall be open to the GN or his designate for review or audit during normal business hours, and the Partner agrees to retain such books and records for this purpose for a period of two years following the close of each fiscal year. The Partner agrees to permit access to all books, electronic information and Systems, statements and other documents regardless of their nature, the GN or GN’s agents, for such purposes. 6.2 In the event that the Partner fails to submit the financial statements as required above, or any report required above, the GN, upon giving not less than 30 days written notice of intention to do so, may refuse to make additional payment pursuant to the or any subsequent Agreement, until such statements or report is received. 6.3 The GN may refuse to accept interim financial reports and/or statements that are incomplete or in a form that does not accord to generally- accepted accounting principles. The GN may refuse to make any additional payments until such time as the required financial statements are received. 6.4 The Recipient shall conduct all financial affairs related to the Agreement according to generally accepted accounting principles. 6.5 The Recipient will submit a year-end activity and expenditure report, consisting of an audited financial statement and accounting, showing the use to which the contribution provided by the GN was put, no later than 30th day of September, 2026 and this obligation survives the termination of this agreement.

Accounting and Financial Statements. 7.1 UNOPS shall maintain separate records and ledger accounts in respect of the Contributions deposited by the Donors with UNOPS under this Agreement and the disbursements thereof. 7.2 UNOPS will provide the Donor with: Annual result-based narrative reports by 31 March following the end of each calendar year; Semi-annual interim financial statements as of 30 June and 31 December within three months of the end of each reporting period; Annual certified financial statements as of 31 December by 30 June of the following calendar year; Certified final financial statements will be provided no later than 31 July of the calendar year following the year during which activities funded by the Contribution are operationally completed. 7.3 All financial accounts and statements shall be expressed in United States dollars, in accordance with UNOPS standard requirements and formats. Narrative reports shall include a general description of the progress of the Programme and specific notes on the results, impact and sustainability of the results, in accordance with the SOPs.

Accounting and Financial Statements