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AUDIT REPORT FINANCIAL AND FEDERAL AWARD COMPLIANCE EXAMINATION FOR THE YEAR ENDED DECEMBER 31, 2012, PUBLIC HEALTH INSTITUTE CONTENTS PAGE NO. I. Financial Section Financial Statements, for the Years
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Financial and federal award refers to the funds, grants, or contracts received from government agencies or other entities that provide financial assistance to an organization or individual.
Organizations or individuals that receive financial and federal awards are required to file reports on how the funds were used.
To fill out financial and federal award reports, detailed information about the funds received, how they were used, and any outcomes or achievements must be included in the reporting.
The purpose of financial and federal award reporting is to ensure transparency and accountability in the use of public funds, as well as to track the impact of the awarded funds.
The report must include details on the amount of funds received, how they were spent, any outcomes or achievements, and any compliance with regulations or guidelines.
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