Model Audit definition

Model Audit means a Lead Agency prepared audit which established the procedures, techniques, requirements, forms, calculation bases, data, and related factors to be used in conducting an audit under the purview of the IN RCSP.
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Model Audit means an independent audit of the ENW Business Financial Model; “Month” means a calendar month;
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Examples of Model Audit in a sentence

  • Administrator agrees that the Administered Business will remain subject to its customary ▇▇▇▇▇▇▇▇-▇▇▇▇▇ Act and Model Audit Rules controls environment and standards.

  • Description The CONTRACTOR must submit a Model Audit Rule (MAR) on an annual basis.

  • The CONTRACTOR must submit a Model Audit Rule (MAR) Certification to the DEPARTMENT on an annual basis.

  • Each of the Subsidiaries has duly complied with, and is currently in compliance with, the provisions of the NAIC’s Model Audit Rule and has taken all actions, and has made all filings with the appropriate state insurance regulatory bodies required under that Rule.

  • Description The CONTRACTOR shall submit a Model Audit Rule (MAR) on an annual basis.

  • Servicer will maintain internal controls over financial reporting in conjunction with its parent’s (Allianz S.E.) Comprehensive Control Concept and the NAIC’s Model Audit Rule standards, in each case in accordance with the requirements documents adopted by the parties.

  • Agency Markets shall, and shall cause each of its consolidated Subsidiaries to, as applicable, comply with the Model Audit Rule.

  • The updated Model Audit Report shall be in the same form as that delivered for the Proposal and shall be co-addressed to Authority and GDOT.

  • A full range of audit services, which include, without limitation: (a) internal audit activities, such as internal control, EDP and operational reviews; (b) coordination and assistance with external audits and regulatory examinations; and (c) compliance with rules and regulations surrounding accounting controls including applicable Model Audit Rules and ▇▇▇▇▇▇▇▇-▇▇▇▇▇.

  • The updated Financial Model Audit Report shall take into account the changes incorporated in the Financial Model Update in accordance with Section 16.2.1.

Related to Model Audit

  • 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.

  • 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.

  • conformity assessment body means a body that performs conformity assessment activities including calibration, testing, certification and inspection;

  • Energy audit means a systematic procedure with the purpose of obtaining adequate knowledge of the existing energy consumption profile of a building or group of buildings, an industrial or commercial operation or installation or a private or public service, identifying and quantifying cost-effective energy savings opportunities, and reporting the findings;

  • Environmental Audit means a Phase One environmental site assessment (the scope and performance of which meets or exceeds the then most current ASTM Standard Practice E1527 for Environmental Site Assessments: Phase One Environmental Site Assessment Process) of the Property.