Internal Auditor. Any person or persons assigned by the City Manager to investigate any fraud or similar activity. f. External Auditor – Independent audit professionals who perform annual audits of the City’s financial statements. 3. INVESTIGATION a. It is the City’s intent to fully investigate any suspected acts of fraud. An objective and impartial investigation will be conducted regardless of the position, title, length of service or relationship with the City of any party who might be or become involved in or becomes the subject of such investigation. b. Each department of the City is responsible for instituting and maintaining a system of internal control to provide reasonable assurance for the prevention and detection of fraud. Management should be familiar with the types of improprieties that might occur within their area of responsibility and be alert for any indications of such conduct. c. The Internal Auditor, in conjunction with the City Attorney, has the primary responsibility for the investigation of fraud. d. Throughout the investigation, the Internal Auditor will inform the City Manager of pertinent investigative findings. e. Employees will be granted “whistle-blower protection,” as described below when acting in accordance with this Policy. When informed of suspected fraud, neither the City nor any person acting on behalf of the City shall: i. dismiss or threaten to dismiss the Employee reporting the suspected fraud; ii. discipline, suspend, or threaten to discipline or suspend the Employee reporting the suspected fraud; iii. impose any penalty upon the Employee reporting the suspected fraud, or; iv. intimidate or coerce the Employee reporting the suspected fraud. City of Aliso Viejo COUNCIL POLICY SUBJECT FRAUD PREVENTION POLICY RES. NO. 2005- 056 POLICY NO. 400-15 EFF. DATE 10/01/2008 PAGE 4 of 8
Internal Auditor. In accordance with the Initial Agreement, the ATP Board shall engage an internal auditor to perform advanced audit and finance functions.
Internal Auditor. Tencent will have the right to appoint an internal auditor of the Company for (a) monitoring the use of corporate funds of the Company, (b) monitoring the maintenance and protection of the intellectual property of the Company and (c) co-signing expenditures of the Company for a transaction or a series of related transactions exceeding 30% of the total assets of the Company as of the end of the last Financial Year.
Internal Auditor. The Board may appoint an internal auditor on such terms and conditions as the Board may determine.
Internal Auditor. Subject to Article 11, the Company shall appoint an internal auditor in consultation with the Investors. The Company and the Promoter shall provide to such auditor full co-operation, assistance and access to the Company’s records. Such auditor shall not be changed or removed with the prior written consent of the Board (in accordance with Article 11.2). The fees payable to such auditor shall be borne by the Company. The Directors shall all times have access to the internal auditor and shall be entitled to ask whatever queries and clarify all issues that the investors may have from such internal auditor and obtain copies of such statements and accounts as the Investors may desire.
Internal Auditor. An employee of Internal Audit within the province who is authorized to perform audits in accordance with the Provincial Internal Audit Standards and generally accepted auditing standards. Internal Auditors can perform all those types of audit or evaluation identified below, with the exception of Financial Statement Audits, that are performed by the agency's external auditors.
Internal Auditor. The internal auditor reports directly to the Executive Director and, if in the opinion of the internal auditor circumstances warrant, may report directly to the Board. The internal auditor is independent of the System's operational activity and is responsible for providing objective audit and review services for the entire System, including the Investment Office. The internal auditor's services emphasize the promotion of adequate and effective internal controls at a reasonable cost and result in suggested improvements that will lead to economies and efficiencies in the Systems' operations. With the advent of the Xxxxxxxx-Xxxxx Act of2092, the Board recognized the need for, and to established an audit committee to provide additional oversight relating to the adequacy of internal controls applicable to financial reporting. The audit committee will meet quarterly to discuss audit related issues. The audit committee, at it's discretion, may meet with the internal auditor in executive session. The audit committee may make recommendations for changes in internal controls for consideration by the Board but shall have no policy authority.
Internal Auditor. The internal auditor, if appointed, shall be responsible for management and supervision of the internal audit program of the corporation and shall, each calendar year, submit a planned program for approval to the Board of Directors or a committee thereof designated by the Board of Directors, as well as periodic reports of compliance therewith to the Board of Directors or a committee thereof designated by the Board of Directors. The internal auditor shall perform such other duties as may from time to time be determined by the Board of Directors, the Chief Executive Officer and/or the President.
Internal Auditor. The internal auditor, if appointed, shall be responsible for management and supervision of the internal audit program of the bank and shall, each calendar year, submit a planned program for approval, as well as periodic reports of compliance therewith, to the board of directors (or, if the bank is a wholly-owned subsidiary of a sole shareholder, at the direction of the bank’s board of directors, to the board of directors of such sole shareholder or a committee thereof). The internal auditor shall perform such other duties as may from time to time be determined by the chairman, the president or the board of directors (or, if the bank is a wholly-owned subsidiary of a sole shareholder, at the direction of the bank’s board of directors, the board of directors of such sole shareholder or a committee thereof). All audit reports of bank activities will be reported to the board of directors.
Internal Auditor. Until an IPO, as long as Koonras holds more ---------------- than 20% of the issued and outstanding share capital of the Company (on an as-converted basis), then, upon the demand of Koonras, the Company's Board of Directors shall appoint an internal auditor (as such term defined in the Companies Law - 1999) to the Company.
