Review the Statement of Financial Position If no Statement of Financial Position =(high) (Balance Sheet/Statement of Net Assets). Are Yes (low) the current assets minus the current liabilities No (med/high) positive? Review the Statement of Financial Position If no Statement of Financial Position =(high) (Balance Sheet/Statement of Net Assets). Does Yes (low) the organization have a positive “Unrestricted No (med/high) Net Assets”? Comments: Internal Audits and Financial Statements Rating Total (max 6): C. Financial Management Banking Are the liquid assets (cash) of the organization Yes (low) Name of the organization’s bank? kept in a bank account? No (med, high), explain If FHI 360 anticipates providing an advance of N/A USG funds to the organization; does local Yes (low) practice and regulations permit the organization No (med, high) to open an interest bearing bank account? (Refer to 2 CFR 200.305(b) (8), and USAID ADS 303, and other applicable regulations.) – See Question C9 and C10 to determine if this will be a special award condition for the sub-awardee Funding No (med, high) Has the organization received funding similar to Yes (med, low) the proposed subaward (U.S. Government, xyz Please identify the source and specify the foundation etc.) in the last 3 years? amount(s) received from each source, by year Recommended to request award below: letter/document. Based on the organization’s current year fiscal budget, list the organization’s expected sources and planned receipts for the current fiscal year. Identify the prime funder (U.S. Government, xyz foundation etc). No Rating Accounting Staff Number of Staff in Accounting Dept. How many employees are in the Accounting Department and what are their names and key responsibilities? No Rating What is the background (work and education Work and education qualifications qualifications) of the Accountant for the project? (low, med, high risk depending on work and education qualifications)
Review the Statement of Financial Position (Balance Sheet/Statement of Net Assets). Are the current assets minus the current liabilities positive? If no Statement of Financial Position =(high) Yes (low) No (med/high) Review the Statement of Financial Position (Balance Sheet/Statement of Net Assets). Does the organization have a positive “Unrestricted Net Assets”? If no Statement of Financial Position =(high) Yes (low) No (med/high) Comments: Internal Audits and Financial Statements Rating Total (max 6): C. Financial Management Banking Are the liquid assets (cash) of the organization kept in a bank account? Yes (low) Name of the organization’s bank? No (med, high), explain If FHI 360 anticipates providing an advance of USG funds to the organization; does local practice and regulations permit the organization to open an interest bearing bank account? (Refer to 2 CFR 200.305(b) (8), and USAID ADS 303, and other applicable regulations.) – See Question C9 and C10 to determine if this will be a special award condition for the sub-awardee N/A Yes (low) No (med, high) Funding Has the organization received funding similar to the proposed subaward (U.S. Government, xyz foundation etc.) in the last 3 years? Recommended to request award letter/document. No (med, high) Yes (med, low) Please identify the source and specify the amount(s) received from each source, by year below: Based on the organization’s current year fiscal budget, list the organization’s expected sources and planned receipts for the current fiscal year. Identify the prime funder (U.S. Government, xyz foundation etc). No Rating Accounting Staff How many employees are in the Accounting Department and what are their names and key responsibilities? Number of Staff in Accounting Dept. No Rating What is the background (work and education qualifications) of the Accountant for the project? Work and education qualifications (low, med, high risk depending on work and education qualifications)