Annual Audit Plan definition

Annual Audit Plan means a plan developed annually by the Compliance Enforcement Authority that includes the Reliability Standards and Registered Entities to be audited and the schedule of Compliance Audits for the calendar year.
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Annual Audit Plan has the meaning set forth in Section 14.2(a) of the Master Agreement.
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Annual Audit Plan has the meaning set out in Section 17.01(a).
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Examples of Annual Audit Plan in a sentence

  • We set out in our Annual Audit Plan the audit work we proposed to undertake to secure appropriate levels of assurance.

  • The 2016/17 audit fee for the audit was set out in our Annual Audit Plan and as we did not carry out any work additional to our planned audit activity,the fee remains unchanged.

  • An Annual Audit Plan is formulated to conduct audit on the basis of such risk assessment.

  • Internal Audit support this through delivery of its Annual Audit Plan, designed to give independent assurance on the internal control and risk management arrangements of the Council.

  • To agree the Council's Internal Audit Strategy Plan, Annual Audit Plan and monitor performance against all associated plans.

  • These follow up reviews are included within the Annual Audit Plan and are planned to be undertaken once the latest date for implementation of the recommendations has passed.

  • In order to deliver the Annual Audit Plan at the required quality and professionalism we strive to ensure that the team has the required mix of skills and experience.

  • Exhibit 3 sets out the significant risks of material misstatement to the financial statements weidentified in our 2021/22 Annual Audit Plan.

  • The Internal Control Systems are commensurate with the size of operations of the Company and are manned by qualified and experienced personnel.In addition to internal controls, the internal audit function has also been set up by a firm of Chartered Accountants, who conducts audit on the basis of the Accounting Standards and Annual Audit Plan.

  • Receiving the Annual Audit Plan and the Annual Audit Letter from the external auditor and making recommendations on the latter.


More Definitions of Annual Audit Plan

Annual Audit Plan has the meaning set forth in the Services Agreement and Exhibits.
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Related to Annual Audit Plan

  • Annual Accountant’s Report is defined in Section 3.04(a) of the Servicing Agreement.

  • Audit Committee Financial Expert means a person who has the following attributes:

  • Initial Audit is Bank’s inspection of Borrower’s Accounts, the Collateral, and Borrower’s Books, with results satisfactory to Bank in its sole and absolute discretion.

  • Audited financial report means and includes those items specified in Section 5 of this regulation.

  • Budget means a resource, expressed in financial terms, proposed by the Board for the purpose of carrying out, for a specific period, any or all of the functions of the Trust.

  • Annual Plan means the annual plan of the Trust which is prepared in accordance with clause 8.1;

  • Independent Accounting Firm means such nationally recognized, independent accounting firm as is mutually appointed by Seller and Purchaser for purposes of this Agreement.

  • Annual Accounting Period or “Financial Year” means the period commence on 1st July and shall end on 30th June of the succeeding calendar year.

  • Independent Financial Consultant means a financial consultant or firm of such consultants generally recognized to be well qualified in the financial consulting field, appointed and paid by the District, who, or each of whom:

  • Annual Operating Budget has the meaning set forth in Section 4.11.

  • Independent educational evaluation means an evaluation conducted by a qualified examiner who is not employed by the public agency responsible for the education of the child in question.

  • Annual Action Plan means any of the plans referred to in Section 3.05 (a) and/or (c) of this Agreement;

  • Financial Report means the annual financial report prepared under Chapter 2M of the Corporations Act for the Company and its controlled entities;

  • Neutral Auditor means Ernst & Young or, if Ernst & Young is unable to serve, an impartial nationally recognized firm of independent certified public accountants other than Seller’s accountants or Purchaser’s accountants, mutually agreed to by Purchaser and Seller.

  • Business Plan means the information required to be supplied to the

  • Annual Statement means, with respect to any Insurance Subsidiary for any fiscal year, the annual financial statements of such Insurance Subsidiary as required to be filed with the Insurance Regulatory Authority of its jurisdiction of domicile and in accordance with the laws of such jurisdiction, together with all exhibits, schedules, certificates and actuarial opinions required to be filed or delivered therewith.

  • Accountants’ Report means the report of a firm of nationally recognized Independent Accountants described in Section 4.11.

  • Annual Work Plan and Budget means the work plan and budget approved by the Bank and adopted by the Borrower in accordance with the provisions of Section I.C of Schedule 2 of this Agreement, as said work plan and budget may be modified from time to time with the written agreement of the Bank.

  • Annual Financial Statement is defined in Section 10.1(a).

  • Independent expenditure means an expenditure by a person:

  • Financial reporting year means the latest consecutive twelve-month period for which any of the following reports used to support a financial test is prepared:

  • cost accountant means a cost accountant as defined in clause (b) of sub-section (1) of section 2 of the Cost and Works Accountants Act, 1959 (23 of 1959) and who has obtained a certificate of practice under sub-section (1) of section 6 of that Act;

  • School fiscal year means a fiscal year that commences July 1 and continues through June 30.

  • Independent Auditor has the meaning specified in subsection 7.01(a).

  • Fiscal Year End means December 31 of each calendar year.

  • Annual Statement of Compliance As defined in Section 3.13.