Examples of Independent Audit Firm in a sentence
Each F1 Team must retain and preserve its accounting books and records in a manner that shall enable the Cost Cap Administration, the Independent Audit Firm appointed by the Cost Cap Administration, the Cost Cap Adjudication Panel and/or the ICA, on inspection pursuant to Article6.22, to understand to its satisfaction, the content of the Full Year Financial Reporting Documentation submitted by that F1 Team in respect of the previous five Full Year Reporting Periods.
All correspondence between the F1 Teams and the Cost Cap Administration, the Independent Audit Firm appointed by the Cost Cap Administration, the Cost Cap Adjudication Panel and/or the ICA shall be in one of the two FIA official languages (English and French).
The Cost Cap Administration may engage an Independent Audit Firm to assist in reviewing an F1 Team's Reporting Documentation and to undertake a comparative financial analysis of the Reporting Documentation in order to help identify potential anomalies.
The Cost Cap Administration may conduct investigations into an F1 Team’s compliance with these Financial Regulations, assisted, if it chooses, by an Independent Audit Firm.