Internal Audit Services Sample Clauses

Internal Audit Services. Provision of an adequate and effective internal audit function to fulfil the H&GPHA Treasurer’s obligations and needs of management. The service will examine, evaluate and report on the adequacy of internal controls and promote the improvement of these and financial systems. It will also promote the improvement of economy, effectiveness and efficiency of the H&GPHA and aim to prevent fraud and other irregularities. The service provided will: (i) Identify statutory audit work in an audit plan in consultation with appropriate officers within the framework of the strategic audit plan. (ii) Perform internal audit work to a quality, standard and frequency consistent with statutory requirements, in accordance with the Code of Practice for Internal Audit in Local Government in the United Kingdom and to standards acceptable to the H&GPHA External Auditors. (iii) Ensure that processes and staffing is maintained in line with the CIPFA Code of Practice. (iv) Carry out planned audit work by examining, evaluating, reporting and making recommendations on: • The soundness, adequacy, effectiveness and application of internal controls established by management. • The suitability, reliability and accuracy of financial and other management data and information provided. • Safeguarding assets, revenues, expenditure and interests from error, fraud, waste, extravagance, inefficient administration, poor value for money or other loss. • Value for money issue (i.e. the economic, efficient and effective use of resources). (v) Issue an audit report within 2 weeks of completion of each audit identifying findings, drawing conclusions and making recommendations for improved control, operational efficiency and cost savings. (vi) Liaise with the HGPHA external auditor as required. (vii) Complete the relevant section of the Annual Return (Annual Internal Audit Report). (viii) Provision of related services. These additional services may include: • Project based work as a service to management and members on issues of concern. • Assistance with special investigations, particularly in relation to allegations of fraud or other irregularities, including liaison with the Police Authorities and Crown Prosecution Service. Provision of expert witness in matters involving financial loss and provision of audit evidence and exhibits and preparation and submission of claims to the H&GPHA Insurers in respect of losses sustained. • Providing advice and assistance regarding the probity of individual tran...

Internal Audit Services. LUSA shall provide services required to document the controls in all critical systems and to audit cash.

Internal Audit Services. The Manager shall provide to the Company, or arrange to be provided by third parties approved by the Company, an internal audit function meeting applicable requirements of the Stock Exchange and the SEC and otherwise in scope approved by the Company’s Audit Committee. In addition to the Fees, the Company agrees to reimburse the Manager, within thirty (30) days of the receipt of the invoice therefor, the Company’s pro rata share (as reasonably agreed to by a majority of the Independent Trustees from time to time) of the following: (a) employment expenses of the Manager’s director of internal audit and other employees of the Manager engaged in providing internal audit services, including but not limited to salary, wages, payroll taxes and the cost of employee benefit plans; and (b) the reasonable travel and other out-of-pocket expenses of the Manager relating to the activities of the Manager’s director of internal audit and other of the Manager’s employees engaged in providing internal audit services and the reasonable third party expenses which the Manager incurs in connection with its provision of internal audit services. In addition, the Manager shall make available (which may be by posting to the Company’s web site) to its officers and employees providing such services to the Company the procedures for the receipt, retention and treatment of complaints regarding accounting, internal accounting controls or auditing matters relating to the Company and for the confidential, anonymous submission by such officers and employees of concerns regarding questionable accounting or auditing matters relating to the Company, as set forth in the Company’s Procedures for Handling Concerns or Complaints about Accounting, Internal Accounting Controls or Auditing Matters, as in effect from time to time.

Internal Audit Services. The Manager shall provide to the Company an internal audit function meeting applicable requirements of the New York Stock Exchange and the Securities and Exchange Commission and otherwise in scope approved by the Company’s Audit Committee. In addition to the Fees, the Company agrees to reimburse the Manager, within 30 days of the receipt of the invoice therefor, the Company’s pro rata share (as reasonably agreed to by the Independent Trustees from time to time) of the following: (a) employment expenses of the Manager’s internal audit manager and other employees of the Manager actively engaged in providing internal audit services, including but not limited to salary, wages, payroll taxes and the cost of employee benefit plans; and (b) the reasonable travel and other out-of-pocket expenses of the Manager relating to the activities of the Manager’s internal audit manager and other of the Manager’s employees actively engaged in providing internal audit services and the reasonable third party expenses which the Manager incurs in connection with its provision of internal audit services.

Internal Audit Services. DISH or its designee shall provide each of the internal audit and corporate quality services specified in Schedule 2.1.6 (the “Internal Audit Services”) to the Company or its Subsidiaries, in accordance with the terms and conditions for such Internal Audit Services listed on Schedule 2.1.6.

Internal Audit Services. For four (4) months from the Effective Date (the “Internal Audit Transition Period”), ICE will be available to advise on transition matters relating to internal audit management issues as requested by Bakkt from time to time. Bakkt acknowledges and agrees that (a) it will reimburse ICE for any use of ▇▇▇▇▇ ▇▇▇▇▇▇▇▇’▇ services after the Effective Date, and (b) Bakkt will not engage ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ for a period beyond the Internal Audit Transition Period without ICE’s written consent.

Internal Audit Services. (i) Conducting traditional audits (financial and operational) (ii) Conducting information technology audits based on the international COBIT standard (at least one review per year) (iii) Centralizing information technology support and maintenance of software used for the documentation of such audits (iv) Monitoring audit processes

Internal Audit Services. Until the Closing Date, and at the request of the Purchaser by prior written notice to the Seller no later than 60 (sixty) calendar days prior to the Closing and subject to terms to be agreed by and between the Seller and the Purchaser sufficiently prior to Closing, for a reasonable transition period thereafter not in excess of 45 (forty five) calendar days to complete such internal audit process for the pre-Closing period, the Seller shall continue to provide internal audit services to the Company and the Winterthur Group consistent with past practice through the end of such transition period.