Orange County NC Website
Browse       Search
11 <br />period July 1 to June 30 must be provided. The audit <br />shall be performed by an independent firm of Certified <br />Public Accountants. Revenues and expenditures for this <br />program must be clearly and separately stated within the <br />audit report. Upon completion of the audit, a copy of <br />the audit report and any opinion letter shall be <br />simultaneously provided to the County, the Area Agency, <br />and the Director of the Division of Aging. The Agency <br />agrees to submit to any additional review of the audit as <br />deemed necessary by the COG, the State of North Carolina, <br />or the Federal Government. The Agency agrees to permit <br />monitoring by the COG, its staff and appropriate <br />representatives, and to comply with such reporting <br />procedures as may be established by COG. The Agency <br />further agrees that all pertinent financial records shall <br />be made available for copying upon request by the State <br />or Federal Government, or their agents. <br />14. Audit /Assessment Resolutions and Disallowed Cost. It is <br />further understood that the Agency is responsible to the <br />COG for clarifying any audit exceptions that may arise <br />from any COG assessment, Agency's single /financial audit, <br />or audits conducted by the State or Federal Government. <br />In the event that the COG or the Department of Human <br />Resources disallows any expenditure made by the Agency <br />for any reason, the Agency shall promptly repay such <br />funds to the COG pending the resolution of any appeal <br />that the Agency may file in accordance with paragraph <br />(28) . <br />15. 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 <br />Agency agrees that it is fully cognizant of the rules and <br />regulations promulgated pursuant to Title III of the <br />Older Americans Act of 1965, as amended, and /or <br />applicable State Law, and that all services will be <br />performed in strict conformity to such existing <br />regulations and any such regulations validly promulgated <br />subsequent to the execution of this agreement. The <br />Agency shall be bound by the applicable terms and <br />conditions of the Notification of Grant Award executed by <br />the COG and the Concerned Funding Agency. Said <br />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 <br />the Concerned Funding Agency and which are made a part <br />hereof. <br />16. Management Information System (MIS) Reg2irements. <br />All program performance and financial reports must <br />conform to the requirements of the Concerned Funding <br />Agency's automated Management Information System (MIS) . <br />The Agency will be required to participate in the <br />automated MIS by supplying the necessary and required <br />