Common use of Engagement Type and Objective Clause in Contracts

Engagement Type and Objective. This constitutes an engagement to perform specific agreed-upon procedures regarding an independent report of factual findings on costs incurred under the Grant Agreement. As this engagement is not an assurance engagement the Auditor does not provide an audit opinion and expresses no assurance. The Blue Action Fund derives its assurance by drawing its own conclusions from the factual findings reported by the Auditor on the Financial Statement and the payment request of the Grantee relating thereto. The Auditor shall include in its Report that no conflict of interest exists between it and the Grantee in establishing this Report, as well as the fee paid to the Auditor for providing the Report.

Engagement Type and Objective. This constitutes an engagement to perform specific agreed-upon procedures regarding an independent report of factual findings on costs incurred claimed under the Grant Agreement. As this engagement is not an assurance engagement the Auditor does not provide an audit opinion and expresses no assurance. The Blue Action Fund Agency derives its assurance by drawing its own conclusions from the factual findings reported by the Auditor on the Financial Statement and the payment request of the Grantee Beneficiary relating thereto. The Auditor shall include in its Report that no conflict of interest exists between it and the Grantee Beneficiary (and where applicable also the Affiliate) in establishing this Report, as well as the fee paid to the Auditor for providing the ReportReport if the service is invoiced.

Engagement Type and Objective. This constitutes an engagement to perform specific agreed-upon procedures regarding an independent report of factual findings on costs incurred claimed under the Grant Agreement. As this engagement is not an assurance engagement the Auditor does not provide an audit opinion and expresses no assurance. The Blue Action Fund Joint Undertaking derives its assurance by drawing its own conclusions from the factual findings reported by the Auditor on the Financial Statement and the payment request of the Grantee Beneficiary relating thereto. The Auditor shall include in its Report that no conflict of interest exists between it and the Grantee Beneficiary in establishing this Report, as well as the fee paid to the Auditor for providing the Report.