Common use of Audit Results and Reports Clause in Contracts

Audit Results and Reports. 7.1 Assuming all issues outstanding at the exit meeting are resolved in a timely fashion, the auditor will aim to issue a draft audit report within three months of the exit meeting. This report will document the following: a) audit findings, deliverables, and recommendations; b) any deviations from the terms of this Agreement; c) responses or summary responses from the audited party. 7.2 The audited party will be asked to give feedback on the draft audit report within two weeks of the date of issue. Should the audited party not provide feedback within the agreed deadline, the results of the audit as set down in the draft audit report will be considered to be undisputed facts. 7.3 A final audit report will be issued and should be signed by both parties to signify agreement with the facts of the audit as set out in the report.

Audit Results and Reports. 7.1 Assuming all issues outstanding at the exit meeting are resolved in a timely fashion, the auditor will aim to issue a draft audit report within three months of the exit meeting. This report will document the following: a) audit findings, deliverables, and recommendations; b) any deviations from the terms of this Agreement; c) responses or summary responses from the audited party. 7.2 The audited party will be asked to give feedback on the draft audit report within two weeks of the date of issue. Should the audited party not provide feedback within the agreed deadline, the results of the audit as set down in the draft audit report will be considered to be undisputed facts. 7.3 A final audit report will be issued and should be signed by both parties to signify agreement with the facts of the audit as set out in the report.

Audit Results and Reports. 7.1 Assuming all issues outstanding at the exit meeting are resolved in a timely fashion, the auditor will aim to issue a draft audit report within three months of the exit meeting. This report will document the following: a) audit findings, deliverables, and recommendations; b) any deviations from the terms of this Agreement; c) responses or summary responses from the audited party. 7.2 The audited party will be asked to give feedback on the draft audit report within two weeks of the date of issue. Should the audited party not provide feedback within the agreed deadline, the results of the audit as set down in the draft audit report will be considered to be undisputed facts. 7.3 A final audit report will be issued and should be signed by both parties to signify agreement with the facts of the audit as set out in the report.

Audit Results and Reports. ‌ 7.1 Assuming all issues outstanding at the exit meeting are resolved in a timely fashion, the auditor will aim to issue a draft audit report within three months of the exit meeting. This report will document the following: a) audit findings, deliverables, and recommendations; b) any deviations from the terms of this Agreement; c) responses or summary responses from the audited party. 7.2 The audited party will be asked to give feedback on the draft audit report within two weeks of the date of issue. Should the audited party not provide feedback within the agreed deadline, the results of the audit as set down in the draft audit report will be considered to be undisputed facts. 7.3 A final audit report will be issued and should be signed by both parties to signify agreement with the facts of the audit as set out in the report.