Auditor’s Reports definition

Auditor’s Reports. All audit reports must contain the following auditor's reports, which must comply with applicable professional standards in effect for the fiscal year or years being audited: A. a report on the financial statements of the Entity; B. a report on internal control over financial reporting and on compliance and other matters based on an audit of financial statements performed in accordance with Government Auditing Standards. C. a reference to a report disclosing any deficiencies in internal control or instances of noncompliance with provisions of contracts or grant agreements or abuse that have a less than material effect on the financial statements but warrant the attention of management or those charged with governance. This report must be referred to in the report required in 11.B. above. D. a report on any supplementary or other information presented in the audit report. This report must be given in an “other matters” paragraph(s) of the auditor’s report on the financial statements (11.A. above), and shall identify, if applicable: (1) Any Required Supplementary Information (RSI), as required by the Governmental Accounting Standards Board. (2) Any Supplementary Information (SI) included in the report to comply with provisions of laws, regulations, contracts, or grant agreements. For the following schedules, the Contractor shall report on whether the information is fairly stated, in all material respects, “in relation to” the financial statements as a whole, unless the condition of the financial records do not allow the auditor to render such an opinion: a) schedule of school district “Student Count for ANB” required in paragraph 13.A.; b) schedule of school district extracurricular fund financial activities required in paragraph 13.B.; c) schedule of expenditures of federal awards required by Uniform Guidance and in paragraph 12.A.; and d) Any supplementary information for financial reporting frameworks required by A.R.M. 2.4.401. (3) Any Other Information (OI) for financial reporting frameworks required by A.R.M. 2.4.401. (4) Any Other Information (OI) that is included in the audit report, if deemed appropriate in accordance with professional standards. E. a report disclosing the action taken by the Entity to correct any deficiencies or implement any recommendations contained in the prior audit report. This report must be in a format that specifically identifies, by title or summary, each deficiency or recommendation contained in the prior audit report and...

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Auditor’s Reports. All audit reports must contain the following auditor's reports, which must comply with applicable professional standards in effect for the fiscal year or years being audited: a report on the financial statements of the Entity; a report on internal control over financial reporting and on compliance and other matters based on an audit of financial statements performed in accordance with Government Auditing Standards.

Auditor’s Reports promptly upon receipt thereof (unless restricted by applicable professional standards), copies of all reports submitted to Company by independent auditors in connection with each annual, interim or special audit of the financial statements of Company and its Subsidiaries made by such auditors, including any comment letter submitted by such auditors to management in connection with their annual audit;

Examples of Auditor’s Reports in a sentence

• If CONTRACTOR utilizes a Statement on Audit Standards No. 70 (SAS 70), or a Statement on Standards for Attestation Engagements (SSAE) No. 18, as developed by the American Institute of Certified Public Accountants (AICPA), within the past twenty-four months prior to the Agreement, CONTRACTOR shall provide NYSIF with a copy of CONTRACTOR’s Service Auditor’s Report(s) for either Type I or Type II (Reports), or Service Organization Control (SOC) Report types 1, 2, or 3, on an annual basis.

• If CONTRACTOR utilizes a Statement on Audit Standards No. 70 (SAS 70), or a Statement on Standards for Attestation Engagements (SSAE) No. 16, as developed by the American Institute of Certified Public Accountants (AICPA), within the past twenty-four months prior to the Agreement, CONTRACTOR shall provide NYSIF with a copy of CONTRACTOR’s Service Auditor’s Report(s) for either Type I or Type II (Reports), or Service Organization Control (SOC) Report types 1, 2, or 3, on an annual basis.

• Upon written request, ARFOP shall make available to the City copies of its most recent Independent Auditor’s Reports and Financial Statements and ARFOP’s public copy of its federal tax return for the preceding year.

• SAS 70 has its counterpart in the M&A ISMS – Type 1/Type II Service Auditor’s Reports • SAS 70 focuses on established controls and control objectives in the Network Operations (Data) Center to show internal security controls have been examined by an independent accounting firm (SC&H, P.A.).

• An independent public accountant shall conduct the audits or complete the Cost Certification and Independent Auditor’s Reports, as applicable.

• The Mountain States Covenant Compliance Certificates (Exhibit 11.4D), the Mountain States Officer’s Certificates accompanying Independent Auditor’s Reports (Exhibit 11.4E), and the Wellmont External Auditor Management Letters (Exhibit 11.5D) are considered confidential information and will be subsequently filed.

• Based upon the respective Independent Auditor’s Reports, the audits of Seller have been conducted in accordance with generally accepted auditing standards.

• Copies of the reporting package required under 2 C.F.R. Part 200 must be filed with County the earlier of thirty (30) calendar days after receipt of the Auditor’s Report(s), or nine (9) months after the end of the audit period.

• If CONTRACTOR utilizes a Statement on Audit Standards No. 70 (SAS 70), or a Statement on Standards for Attestation Engagements (SSAE) No. 16, as developed by the American Institute of Certified Public Accountants (AICPA), within the past twenty- four months prior to the Agreement, CONTRACTOR shall provide NYSIF with a copy of CONTRACTOR’s Service Auditor’s Report(s) for either Type I or Type II (Reports), or Service Organization Control (SOC) Report types 1, 2, or 3, on an annual basis.