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organization structure. This audit is <br />within six (6) months of the close of the <br />and cover the period of Contract. If the <br />year is different than the period July 1 tc <br />of both audit reports covering the period <br />must be provided. In addition to the a, <br />Agency shall submit a completed Unit Cost Wi <br />7 (e)) which reflects actual cost and 3 <br />fiscal year Fy 1991 by July 31, 1991. Th <br />performed by an independent firm of i <br />Accountants. Revenues and expenditures <br />must be clearly and separately stated u <br />report. Upon completion of the audit, <br />deliver to the COG a copy of the audit <br />management letter. The Agency agrees t <br />additional review of the audit as deemed <br />COG, the State of North Carolina, or the Fe <br />to ne performea <br />Contract period <br />Agency's fiscal <br />June 30, a copy <br />my 1 to June 30 <br />Ldit report, the <br />rrksheet (Exhibit <br />evenue data for <br />a audit shall be <br />;ertified Public <br />.or this program <br />ithin the audit <br />:he Agency shall <br />report and any <br />submit to any <br />necessary by the <br />feral Government. <br />The Agency agrees to permit monitoring by the COG, its statt <br />and appropriate representatives, and to comply with such <br />reporting procedures as may be established by COG. The <br />Agency further agrees that all pertinent financial records <br />shall be made available for copying upon request by the <br />State or Federal Government, or their agents. <br />17. Audit /Assessment Resolutions and Disallowed Cost. It is <br />further understood that the Agency is responsible to the COG <br />for clarifying any audit exceptions that may arise from any <br />COG assessment, Agency's single/ financial audit, or audits <br />conducted by the State or Federal Government. In the event <br />that the COG or the Department of Human Resources disallows <br />any expenditure made by the Agency for any reason, the <br />Agency shall promptly repay such funds to the COG pending <br />the resolution of any appeal that the Agency may file in <br />accordance with paragraph (32). <br />18. Compliance with Requirements of the COG United States <br />De artment of Health and Human Services State of North <br />Carolina and North Carolina Division of Aging. The Agency <br />agrees that it is fully cognizant of the rules and <br />regulations promulgated pursuant to Title III of the Older <br />Americans Act of 1965, as amended, and /or applicable State <br />Law, and that all services will be performed in strict <br />conformity to such existing regulations and any such <br />regulations validly promulgated subsequent to the execution <br />of this agreement. The Agency shall be bound by the <br />applicable terms and conditions of the Notification of Grant <br />Award executed by the COG and the Concerned Funding Agency. <br />Said Notification of Grant Award is on file in the office of <br />the COG, and is hereby made a part of this agreement as <br />fully as if the same were attached hereto. The Agency <br />further agrees to comply with any and all applicable <br />standards for services which are or may be specified by the <br />Concerned Funding Agency and which are made a part hereof. <br />