Scope of the Audit definition

Scope of the Audit means all unclaimed property that is required to be reported and remitted to a Signatory State, as defined by the terms of this Agreement, with respect to life insurance policies, Annuity Contracts, and retained asset accounts that were in-force at any time during the period January 1, 1992 through December 31, 2012, regardless of whether they are currently listed as active, and including, but not limited to, policies identified as lapsed, expired, matured, reported and remitted to a Signatory State (escheated), rescinded, or terminated. Notwithstanding any of the foregoing, the Scope of the Audit shall exclude: (1) Proceeds payable under a policy provision or rider covering accidental death; (2) Proceeds due under group life insurance policies or group annuities (including group life insurance and group annuity certificates issued thereunder), mortgage life insurance policies, or credit life insurance policies for which the Company is not, and was not at the time of death, the Record keeper, except for group life insurance, and group annuity, mortgage life insurance, or credit life insurance claims received for which the Company, from information in its administrative systems, or the administrative systems of any third party retained by the Company, and/or the group policy claim form, is able to determine that a benefit is due and is able to determine the benefit amount, but such claims have not been fully paid or escheated; (3) any policy or certificate of life insurance that provides a death benefit under any Federal employee benefit program, including without limitation the Servicemembers Group Life Insurance and Veterans Group Life Insurance Programs, which, through Federal law or regulation, prohibits escheatment; and (4) Proceeds due under variable life insurance policies (including group life insurance certificates issued thereunder) and variable annuity contracts.
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Scope of the Audit means all property maintained in, related to, or originating from all brokerage services or customer accounts at the Company, including, but not limited to, employee stock plan accounts, retail brokerage accounts, and retirement accounts, whether denominated individual all-purpose accounts, limited purpose accounts, omnibus accounts, suspense accounts, or other account or fund that was reportable or potentially reportable on or before December 31, 2014. Notwithstanding the foregoing, the Scope of the Audit shall exclude:
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Scope of the Audit means all unclaimed property that is required to be reported and remitted to a Signatory State with respect to life insurance policies and Annuity Contracts that were in-force at any time during the period January 1, 1992 through June 30, 2012, regardless of whether they are currently listed as active, and including, but not limited to, policies identified as lapsed, expired, matured, remitted, reported and remitted to a Signatory State (escheated), rescinded, or terminated. Notwithstanding any of the foregoing, the Scope of the Audit shall exclude: 1) Proceeds payable under a policy provision or rider covering accidental death; and 2) Proceeds due under group life insurance policies (including group life insurance certificates issued thereunder) for which the Company is not the Record keeper, except for group life insurance claims received for which the Company, from information in its administrative systems and/or the group policy claim form, is able to determine that a benefit is due and is able to determine the benefit amount, but such claims have not been fully paid or escheated.
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Examples of Scope of the Audit in a sentence

  • Scope of the Audit The scope of our performance audit covered the period of July 1, 2019 to June 30, 2020.

  • Scope of the Audit The scope of our performance audit covered the period of July 1, 2020 to June 30, 2021.

  • Scope of the Audit of the Financial StatementsAn audit involves obtaining evidence about the amounts and disclosures in the financial statements sufficient to give reasonable assurance that the financial statements are free from material misstatement, whether caused by fraud or error.

  • Scope of the Audit of the Financial Statements An audit involves obtaining evidence about the amounts and disclosures in the financial statements sufficient to give reasonable assurance that the financial statements are free from material misstatement, whether caused by fraud or error.

  • Scope of the Audit The scope of our performance audit covered the period of July 1, 2021 to June 30, 2022.

  • Overall Objectives and Scope of the Audit Assignment – should be brief and in summary form.

  • In June 2007, the Accounting Standards Executive Committee of the AICPA issued Statement of Position 07-1, Clarification of the Scope of the Audit and Accounting Guide Investment Companies and Accounting by Parent Companies and Equity Method Investors for Investments in Investment Companies (“SOP 07-1”).

  • Introduction – Scope of the Audit The scope of the audit includes only friars and employees reported to have sexually abused or exploited minors or vulnerable adults, as defined in Chapter VII.

  • Scope of the Audit The scope of our performance audit covered the period of July 1, 2022 to June 30, 2023.

  • Objectives and Scope of the Audit of the Financial Statements We will work with the DIR Director of Internal Audit and subject matter experts and/or points of contact of the Agency to perform an audit of the financial statements of [add company name].


More Definitions of Scope of the Audit

Scope of the Audit means all unclaimed property that is required to be reported and remitted to a Signatory State with respect to life insurance policies, Annuity Contracts, and retained asset accounts that were in-force at any time during the period from January 1, 1992 through December 31, 2010, regardless of whether they are currently listed as active, and including, but not limited to, policies identified as lapsed, expired, matured, remitted, reported and remitted to a Signatory State (escheated), rescinded, or terminated. Notwithstanding any of the foregoing, the Scope of the Audit shall exclude: (1) Proceeds payable under a policy provision or rider covering accidental death; (2) Proceeds due under group life insurance policies (including group life insurance certificates issued thereunder), group Annuity Contracts, mortgage life insurance policies, or credit life insurance policies for which the Company is not the Record keeper, except for group life insurance, mortgage life insurance, or credit life insurance claims received for which the Company, from information in its administrative systems, or the administrative systems of any third party retained by, or acting on behalf of, the Company, and/or the group policy claim form, is able to determine that a benefit is due and is able to determine the benefit amount, but such claims have not been fully paid or escheated; and (3) life insurance policies, certificates and Annuity Contracts (whether individually or group-owned) issued outside the United States.
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Related to Scope of the Audit

  • Scope of the Project shall have the meaning set forth in Clause 2.1;

  • Scope of Services or “Scope of Work” means the work to be performed by the Proposer or Consultant as described in Section 2.0 of this RFP, as amended thereto.

  • Statement of Grievance shall name the employee involved, shall state the facts giving rise to the grievance, shall identify by appropriate reference all the provisions of this Master Contract alleged to be violated, shall state the contention of the employee and of the Association with respect to these provisions, and shall indicate the specific relief requested.

  • Annual Statement of Compliance As defined in Section 3.13.

  • Annual Accountant’s Report is defined in Section 3.04(a) of the Servicing Agreement.

  • Quality Assurance means a systematic procedure for assessing the effectiveness, efficiency, and appropriateness of services.

  • Digital audio-visual work means a series of related images which, when shown in succession, imparts an impression of motion, together with accompanying sounds, if any.

  • PJM Reliability Assurance Agreement means that certain Reliability Assurance Agreement Among Load Serving Entities in the PJM Region, on file with FERC as PJM Interconnection L.L.C. Rate Schedule FERC No. 44, and as amended from time to time thereafter. Schedule of Work:

  • Scope Change means any change to the scope of a contract to accommodate a need not originally provided for in the contract and which may include the acquisition of additional deliverables or the extension of the term of the contract and which may require an adjustment to the contract price;

  • Improvement completion assurance means a surety bond, letter of credit,

  • Construction Phase Services means the coordination, implementation and execution of the Work required by this Agreement, which are further defined in Article 8.

  • Root Cause Analysis Report means a report addressing a problem or non-conformance, in order to get to the ‘root cause’ of the problem, which thereby assists in correcting or eliminating the cause, and prevent the problem from recurring.

  • Quality Surveillance Engineer / Inspector means any person appointed by or on behalf of the Purchaser to inspect or carry out quality surveillance on supplies, stores or work under the Contract or any person deputed by the Quality Surveillance Engineer for the said purpose.

  • Research Plan shall have the meaning set forth in Section 2.1.

  • Statement of Compliance means the statement forming part of a Tender indicating the Bidders compliance with the Specification.

  • Participating Certified Nurse-Midwife means a Certified Nurse-Midwife who has a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • Business Plan means the information required to be supplied to the

  • medium term expenditure framework ’ means a budgeting framework applied by the National Treasury which—

  • Quality Assurance Plan or “QAP” shall have the meaning set forth in Clause 11.2;

  • Certified nurse midwife means an advanced practice registered nurse who is certified in the

  • Supervisory Review means ongoing clinical case reviews in accordance with procedures developed by ADMINISTRATOR, to determine the appropriateness of Diagnosis and treatment and to monitor compliance to the minimum ADMINISTRATOR and Medi-Cal charting standards. Supervisory review is conducted by the program/clinic director or designee.

  • Auditing Services means those services within the scope of the practice of a certified public accounting firm licensed under Chapter 473 of the Florida Statutes, and qualified to conduct audits in accordance with government auditing standards as adopted by the Florida Board of Accountancy.

  • Annual Business Plan means the business plan for the next calendar year made by Party A in accordance with this agreement prior to November 30 every year with the assistant of Party B.

  • Research Budget has the meaning set forth in Section 2.2.

  • Annual Operating Budget has the meaning set forth in Section 4.11.

  • Annual Work Plan and Budget means the work plan and budget approved by the Bank and adopted by the Borrower in accordance with the provisions of Section I.C of Schedule 2 of this Agreement, as said work plan and budget may be modified from time to time with the written agreement of the Bank.