Audit Programmes Sample Clauses
The 'Audit Programmes' clause establishes the procedures and requirements for conducting audits within an organization or between contractual parties. It typically outlines how audits are planned, scheduled, and executed, specifying the scope, frequency, and responsibilities of both auditors and auditees. For example, it may require advance notice before an audit or define the types of records and processes subject to review. The core function of this clause is to ensure transparency and compliance with agreed standards or regulations by providing a structured approach to monitoring and verifying activities or financial records.
Audit Programmes. The Authority shall provide details of the audits it intends to carry out on activities performed by the Official Agency through the circulation of Audit Programmes. As part of its audit programme planning process the Authority will take due regard of internal audits scheduled or conducted by the Official Agency as detailed in Clause 1.18 of Schedule 2 of the contract. The Authority’s Audit Programmes shall be risk based (against documented criteria) and circulated at a minimum of every six months following the commencement of the contract. Audits will be conducted in accordance with the Authority’s Audit Charter and documented procedures.
Audit Programmes. The Authority shall provide details of the audits it intends to carry out on the Official Agency’s activities through the circulation of its Audit Programmes. The Authority’s Audit Programmes shall be circulated at a minimum of every twelve months following the commencement of the contract.