Auditing Compliance Reporting and Accountability Sample Clauses

The 'Auditing, Compliance, Reporting, and Accountability' clause establishes the requirements for parties to maintain accurate records, adhere to relevant laws and standards, and provide regular reports or access to information for verification purposes. Typically, this clause allows one party to audit the other's records, mandates compliance with specific regulations, and requires timely reporting of activities or incidents. Its core function is to ensure transparency and accountability, enabling the monitoring and enforcement of contractual obligations while reducing the risk of non-compliance or misconduct.
Auditing Compliance Reporting and Accountability. 1. The Auditing, Compliance, Reporting, and Accountability provisions stated in MOA section F shall apply to Additional Funds in the way they apply to Opioid Settlement Funds. 2. The coordination group established by MOA section E.7 and described in MOA Exhibit D shall have the same responsibilities with respect to auditing, compliance, reporting, and accountability provisions relating to Additional Funds that it has with respect to the Opioid Settlement Funds covered by the MOA.
View SourceView Similar (2)
Auditing Compliance Reporting and Accountability 
View SourceView Similar (5)

Related to Auditing Compliance Reporting and Accountability

  • Compliance Reporting a. Provide reports to the Securities and Exchange Commission, the National Association of Securities Dealers and the States in which the Fund is registered. b. Prepare and distribute appropriate Internal Revenue Service forms for corresponding Fund and shareholder income and capital gains. c. Issue tax withholding reports to the Internal Revenue Service.

  • Project Monitoring Reporting and Evaluation The Recipient shall furnish to the Association each Project Report not later than forty-five (45) days after the end of each calendar semester, covering the calendar semester.

  • Reporting and Record Keeping CONTRACTOR shall comply with all program and fiscal reporting requirements set forth by appropriate Federal, State and local agencies, and as required by the COUNTY. (c) CONTRACTOR agrees to provide to COUNTY, to any Federal or State department having monitoring or review authority, to COUNTY's authorized representatives, and/or their appropriate audit agencies upon reasonable notice, access to and the right to examine all records and documents necessary to determine compliance with relevant Federal, State, and local statutes, rules and regulations, and this Agreement, and to evaluate the quality, appropriateness and timeliness of services performed.