Audit function definition

Audit function means either of the following:
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Examples of Audit function in a sentence

  • The Compliance Committee shall, at a minimum, include the Compliance Officer and other members of senior management necessary to meet the requirements of this CIA (e.g., senior executives of relevant departments, such as such as legal, Medical Affairs, regulatory affairs, sales, marketing, human resources, research and development, global manufacturing quality control, and operations.) In addition, GSK’s Audit function provides regular reports to the Compliance Committee.

  • The performance of the Internal Audit function is subject to evaluation by the Audit and Risk Committee, in terms of the Audit and Risk Committee and Internal Audit charters.

  • The Joint Services Committee shall keep books of account together with relevant records and supporting information of the Joint Services Committee and shall make them available for inspection and audit by the Internal Audit function of the Lead Authority and to any of the Councils.

  • Within 90 days of the Effective Date, in conjunction with the internal control program, the Financial Agent shall provide to the Treasury a report conducted by the Financial Agent’s Internal Audit function, or an alternative independent third-party, covering services provided as described in Exhibits A and C.

  • The Internal Audit function of the Lead Authority shall prepare an annual Internal Audit plan for approval by the Joint Services Committee and shall report on progress against that plan on a quarterly basis.

  • The forward operating model, therefore, assumes the creation of a new Audit, Risk and Anti- Fraud Team which would incorporate the following existing teams:  The Audit and Efficiency Team – SDC  The Internal Audit Team – DBC  The Fraud Team – SDC  The Investigations Team – DBC The new team would be responsible for the Internal Audit function of both Councils, in compliance with the Accounts and Audit (Amendment) (England) Regulations 2006 and the Chief Finance Officer‟s s151 responsibilities.

  • Our Internal Audit function conducts independent and efficient reviews that assist the Board of Directors and management to meet their statutory and other obligations.

  • The Internal Audit function of the Company shall report to the Executive administratively, but shall report directly to the Audit Committee Chairperson.

  • Our Global Internal Audit function conducts independent and efficient reviews that assist the Board of Directors and management to meet their statutory and other obligations.

  • Audit function plays an important part in Manar Al-I’emar's 's risk management.

Related to Audit function

  • School function means any school-sponsored extra-curricular event or activity.

  • Form, fit, and function data means technical data that describes the required overall physical, functional, and performance characteristics (along with the qualification requirements, if applicable) of an item, component, or process to the extent necessary to permit identification of physically and functionally interchangeable items.

  • Essential job functions means the fundamental job duties of the employment position an individual holds. A job function may be considered essential if-

  • critical functions means activities, services or operations the discontinuance of which is likely in one or more Member States, to lead to the disruption of services that are essential to the real economy or to disrupt financial stability due to the size, market share, external and internal interconnectedness, complexity or cross-border activities of an institution or group, with particular regard to the substitutability of those activities, services or operations;

  • Essential functions means the fundamental job duties of the employment position the individual with a disability holds or desires. “Essential functions” does not include the marginal functions of the position.