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<br />". <br /> <br />. <br /> <br />.;-;, <br /> <br />".. !l <br /> <br />(1) Financial Status Report' (Attachment 1). - <br /> <br />(a) Each Federal agency shall require recipients. to use the <br />standardized Financial Status Report to report the status of <br />funds. <br /> <br />(b) The Federal agency shall prescribe whether the report <br />sha 11 be on a cash or accrua 1 bas is. I f the F edera 1 agency <br />requ ires accrual informat ion and the rec ip ient I s account ing <br />records are not normally kept on the accrual basis~ the recipient <br />shall not be required to convert its accounting sys~em, but shall <br />develop such ~::crual information through an analysis of the <br />documentation on hand. <br /> <br />(c) The Federal agency shall determine the frequency of the <br />Financial Status Report for each project or program cor.:,idering <br />the size and complexity of the particular project or program. <br />However, the report shall not be requ ired more frequent ly than <br />quarterly or less frequently than annually except as provided <br />above. A final report shall be required at the completion of the <br />cooperative agreement. <br /> <br />(d) Federal agencies shall require recipients to submit the <br />Financial Status Report (original and no more than two copies) no <br />later than 30 days after the end of each specified reporting <br />periOd for quarterly and semiannual reports, and 90 days for <br />annual and final report~. Extensions to reporting due dates may <br />be granted upon request of the recipiept. <br /> <br />c. Except as noted below, only the following forms will be authorized <br />for recipients requesting reinbursements. <br /> <br />(1) Request for Advance or Reimbursement (Attachment 2). _ <br /> <br />(a) Each Federal a~ency shall adopt the Request for Advance <br />or Reimbursement as a standardized form. <br /> <br />(b) Recipients shall be authorized to submit requests for <br />reimbursements at least monthly. Federal agencies shall not <br />require the submiss ion of more than the original and two copies of <br />the Request for Advance or Reimbursement. <br /> <br />d. When the Federal agencies need additional information in using <br />these forms or more freljuent reports, the following shall be observed: <br /> <br />(1) When additional information is needed to comply with legislative <br />requirements, Federal agencies shall issue instruct ions to require <br />recipients to submit such information under the "Remarks" section of <br />the reports. <br /> <br />(2) When a Federal agency has determined that a recipients accounting <br />system does not meet the standards for financial management contained <br />in General Provision No.5, additional pertinent information to <br /> <br />.If <br />