Introductory Section Sample Clauses

Introductory Section. Audit of the Financial Statements We will conduct our audit in accordance with GAAS and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States of America. As part of an audit of financial statements in accordance with GAAS and in accordance with Government Auditing Standards, we exercise professional judgment and maintain professional skepticism throughout the audit. We also: • Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. • Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the District’s internal control. However, we will communicate to you in writing concerning any significant deficiencies or material weaknesses in internal control relevant to the audit of the financial statements that we have identified during the audit. • Evaluate the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluate the overall presentation of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation. • Conclude, based on the audit evidence obtained, whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the District’s ability to continue as a going concern for a reasonable period of time. Because of the inherent limitations of an audit, together with the inherent limitations of internal control, an unavoidable risk that some material misstatements or noncompliance may not be detected exists, even though the audit is properly planned and performed in accordance with GAAS and Government Auditing Standards of the Comptroller General of the United States of America. Please note that the determination of abuse is subj...

Introductory Section. The Introduction section is a simple explanation of the Agreement and why it is necessary. It describes the purpose of the Agreement, names the parties to the Agreement, and describes why it is important/useful to work together in the manner outlined in the Agreement. It does not need to include details about past efforts or discuss how the parties reached this level of agreement.

Introductory Section. AGREEMENT made and entered into on MONTH DATE, YEAR, but made effective MONTH DATE, YEAR through and including MONTH DATE, YEAR, by and between (Name of School) and Rutgers, The State University, an instrumentality of the State of New Jersey, a public entity, on behalf of its School of Health Professions (Name of School) and Rutgers shall hereinafter be collectively referred to as the (“parties”);

Introductory Section. This is the untitled introductory section of the DRC. • Original Environmental Decision Date • Let Date • Project Name DocuSign Envelope ID: 08011FCF-93C2-4F54-8A05-20A33047A1D8 • Project Limits • CSJs • District Name • County Name • Has the project design or scope changed • Project Description • Project History • Portion of Project Currently Being Advanced • Date(s) of Prior Reevaluations • FHWA Assignment