Agency Audit definition

Agency Audit means any Agency, HUD, FHA, VA or RHS audits, examinations, evaluations, monitoring reviews and reports of its origination and servicing operations (including those prepared on a contract basis for any such Agency).

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Agency Audit. Any Agency, HUD, FHA, VA and RD audits, examinations, evaluations, monitoring reviews and reports of its origination and servicing operations (including those prepared on a contract basis for any such Agency, HUD, FHA, VA or RD).

Agency Audit is defined in Section 1.8(g). “Agency Commission” is defined in the DDA. “Agency Costs” is defined in the DDA. “Agency Director” is defined in the DDA.

Examples of Agency Audit in a sentence

State of Wisconsin’s Department of Children and Families Provider Agency Audit Guide.
The audit shall also be in accordance with: * The State Single Audit Guidelines, if the Provider is a local government that meets the criteria of OMB Circular A-133 for needing an audit in accordance with that Circular or * The Provider Agency Audit Guide for all other Providers.
No more than one Agency Audit may be conducted on a Major Phase Audit or on the Final Audit and the Agency must notify Developer of the Agency’s intent to conduct an Agency Audit no more than three (3) years after having received the audit being audited by the Agency.
The audit shall be performed by an independent certified public accountant and shall be conducted in accordance with the applicable state and federal regulations and guidelines, including, but not limited to: OMB Circular A-133, the State of Wisconsin’s Provider Agency Audit Guide, and the State of Wisconsin’s Allowable Cost Policy Manual.
The Agency will have the right to conduct an audit (an “Agency Audit”) of each Major Phase Audit and of the Final Audit by notifying Developer of the Agency’s intent to conduct the Agency Audit.
Non-profit Providers shall include a Reserve Supplemental Schedule (Section 7.1.6 of the Provider Agency Audit Guide) in their audit reports, and this schedule shall also be by contract or service category.
The Agency will bear its own audit costs except where an Agency Audit reveals that either Qualified Project Costs are overstated or Gross Revenues are understated by five percent (5%) or more, in which case the Agency’s reasonable costs of the Agency Audit will be Agency Costs.
Non-profit providers shall include a Reserve Supplemental Schedule (Section 7.1.6 of the Provider Agency Audit Guide) in their audit reports, and this schedule shall also be by contract or service category.
The schedule shall include the items required by the Provider Agency Audit Guide, 1999 revision issued by WI Department of Corrections and Workforce Development, or Department of Health Service Audit guide (DHSAG) Latest revision issued by Wisconsin Departments of Health Services.
During the term of this Agreement, the Employee shall serve on a full-time basis as the Chief Financial Officer of the Company and report to the Board.

More Definitions of Agency Audit

Agency Audit is defined in Section 1.8(g).

Agency Audit means the examination of an organization's financial documents in order to determine whether the records and reports are valid and the information is fairly presented. An independent audit is usually conducted by a Certified Public Accountant (“CPA”) who then issues an opinion as to whether the statements accurately and fairly represent the organization’s operations and financial position.

Agency Audit means any biennial audit by CMS.