Examples of Model Auditor in a sentence
The Model Auditor is not required to provide an opinion on whether the financial statements for future periods are in compliance with GAAP.
The Model Auditor chosen by the Preferred Proposer must be unaffiliated with the Preferred Proposer and otherwise be free of any conflict of interest.
The preliminary audit report(s) and Model Auditor opinion(s) pursuant to Section 5.10.2, in form and substance reasonably satisfactory to IFA.
NCDOT’s approval letter of the Model Auditor pursuant to ITP Section 6.1.2.
The engagement terms with the Model Auditor may limit the Model Auditor’s liability to IFA for the Model Auditor’s opinion’s failure to identify any error(s) in the Financial Model to five years from completion of services and in an amount of no less than the greater of (i) $2,000,000 or (ii) the amount contained in its contract; provided that such caps shall be effective only if the Model Auditor maintains professional liability insurance in the amount and for the duration of the cap.