Scope of the Audit Sample Clauses

Scope of the Audit. The auditor is to:-
Sample 1
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Scope of the Audit. A. shall conduct a self-audit of its compliance with the regulations cited below in subsections 1 7 of Section III.B. The self-audit will encompass any associated off-site facilities. For each facility the audit will include an evaluation of each facility s operating practices and procedures and evaluate recycling and pollution prevention opportunities.
Sample 1
Scope of the Audit a. The Department will engage the services of a certified public accounting firm to perform an annual audit of this Agreement in accordance with generally accepted accounting principles for each Fiscal Year during the term of the Agreement, or in the event the term of this Agreement commences after the beginning of Fiscal Year or terminates before the end of a Fiscal Year, for any portion of a Fiscal Year during which this Agreement is in effect.
Sample 1
Scope of the Audit i. The Regulated Entity will perform an environmental audit (the “Audit”) of the facility known as [NAME OF FACILITY] (the “Facility”), facility I.D. # [FACILITY I.D.], located at [FACILITY ADDRESS], for compliance with [all applicable] requirements of the New York State Environmental Conservation Law, New York Navigation Law, and the rules and regulations promulgated there under, as identified herein.
Sample 1
Scope of the Audit. During the term of the Agreement, the Contractor shall annually conduct three separate financial statement audits for the constituent units managed by CSCU. The Contractor shall conduct financial statement audits for, (1) the Connecticut State University System (2) the Regional-Community Technical Colleges, and (3) and Charter Oak State College each as a whole. The audited financial statements shall contain such supplementary information as is required by the Governmental Accounting Standards Board (hereinafter “GASB”) for each of the Institutions as well as basic financial statements, including, but not limited to:
Sample 1
Scope of the Audit. The Audit shall be carried out in accordance with the International Standards of Auditing (ISA), and in compliance with the Article 15(1)(m) of the International Agreement of ReSPA Establishment. The Independent Auditor should carry out an audit of the annual financial statements of ReSPA, pursuant to article 36 of ReSPA Financial Regulations, for the period 01.01.2016 to 31.12.2016 and expenditure verification of ReSPA Core Budget for the same period. The independent auditor should audit report and certified accounts, together with a statement of assurance relating to the reliability of the accounts and the legality and regularity of the underlying transactions.
Sample 1
Scope of the Audit. The scope of our performance audit covered the period of July 1, 2015 to June 30, 2016. The population of expenditures tested included all object and project codes associated with the Bond projects. The propriety of expenditures for capital projects and maintenance projects funded through other State or local funding sources, other than proceeds of the bonds, were not included within the scope of the audit. Expenditures incurred subsequent to June 30, 2016, were not reviewed or included within the scope of our audit or in this report.
Sample 1
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Scope of the Audit. The Contractor will engage the services of a certified public accounting firm at the Contractor's sole expense to perform an annual audit in accordance with generally accepted auditing standards for each Fiscal Year during the term of the Agreement, or in the event the term of this Agreement commences after the beginning off Fiscal Year or terminates before the end of a Fiscal Year, for any portion of a Fiscal Year during which this Agreement is in effect. Such annual audit shall be separate from any audit of other activities of the Contractor, its parent entity and its affiliates. The certified public accounting firm shall conduct an audit based on generally accepted auditing standards of the books of account and other records of the Contractor that detail the financial operation of the Contractor pursuant to the terms of this Agreement during the Fiscal Year (or any portion of a Fiscal Year). The Annual Audit Report, which shall include an opinion by the certified public accounting firm, rendered in accordance with generally accepted accounting principles, shall include an examination of the reports with respect to Total Compensation paid to the Contractor pursuant to the terms of Section 14 hereof. The audit will also include separate audit testing and an Attestation Statement that the Fee Statements presented by the Contractor for payment during each audit period are presented fairly, accurately, and free of material misstatement. Furthermore, the Annual Audit Report shall cover an evaluation of the Contractor's internal controls and any other matter that the Corporation shall reasonably request. Any such request shall be made in writing to the Contractor not less than sixty (60) days prior to the end of either the Fiscal Year or the date of termination of this Agreement.
Sample 1

Related to Scope of the Audit

  • Single Audit Act These funds are considered to be federal financial assistance subject to the Single Audit Act (31 U.S.C. §§ 7501-7507) and the related provisions of the Uniform Guidance. The Grantee shall conduct a single or program-specific audit in accordance with the provisions of 2 C.F.R. Part 200 and the related provisions of the Uniform Guidance, if it expends more than $750,000 or more in Federal awards from all sources during its fiscal year. The Catalog of Federal Domestic Assistance (CFDA) number for these funds is 21.019.

  • Compliance Audit LEA shall have the right but shall be under no obligation to conduct audit(s), from time to time, of Provider’s records concerning its compliance obligations as set forth in this Article V. Provider shall make such records and other documents available to LEA upon request.

  • Office of Inspector General Investigative Findings Expert Review In accordance with Senate Bill 799, Acts 2021, 87th Leg., R.S., if Texas Government Code, Section 531.102(m-1)(2) is applicable to this Contract, Contractor affirms that it possesses the necessary occupational licenses and experience.

  • Technical Objections to Grievances It is the intent of both Parties of this Agreement that no grievance shall be defeated merely because of a technical error, other than time limitations in processing the grievance through the grievance procedure. To this end, an arbitration board shall have the power to allow all necessary amendments to the grievance and the power to waive formal procedural irregularities in the processing of a grievance, in order to determine the real matter in dispute and to render a decision according to equitable principles and the justice of the case.

  • Financial Audit The School shall submit audited financial statements from an independent auditor to the Authorizer no later than November 1 of each year.

  • Compliance Audits D.4.1 Compliance Audit(s). Without limiting the generality of section A.7.4 (Records Review), if requested by the Province from time to time, which request shall be at the Province’s sole discretion, the Recipient, at its own expense, will forthwith retain an independent third party auditor to conduct one or more compliance audits of the Recipient or any Project. The audit will be conducted in accordance with Canadian Generally Accepted Auditing Standards, as adopted by the Canadian Institute of Chartered Accountants, applicable as of the date on which a record is kept or required to be kept under such standards. In addition, the audit will assess the Recipient’s compliance with the terms of the Agreement and will address, with respect to each Project, without limitation, the following:

  • Single Audit Act Compliance If the Contractor is a subrecipient and expends $750,000 or more in federal awards from any and/or all sources in any fiscal year, the Contractor shall procure and pay for a single audit or a program-specific audit for that fiscal year. Upon completion of each audit, the Contractor shall:

  • Response/Compliance with Audit or Inspection Findings A. Grantee must act to ensure its and its Subcontractors’ compliance with all corrections necessary to address any finding of noncompliance with any law, regulation, audit requirement, or generally accepted accounting principle, or any other deficiency identified in any audit, review, or inspection of the Contract and the services and Deliverables provided. Any such correction will be at Grantee’s or its Subcontractor's sole expense. Whether Xxxxxxx's action corrects the noncompliance shall be solely the decision of the System Agency.

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