SCOPE OF THE AUDIT Sample Clauses

SCOPE OF THE AUDIT. The Contractor will engage the services of a certified public accounting firm at the Contractor's sole expense to perform an annual audit in accordance with generally accepted auditing standards for each Fiscal Year during the term of the Agreement, or in the event the term of this Agreement commences after the beginning off Fiscal Year or terminates before the end of a Fiscal Year, for any portion of a Fiscal Year during which this Agreement is in effect. Such annual audit shall be separate from any audit of other activities of the Contractor, its parent entity and its affiliates. The certified public accounting firm shall conduct an audit based on generally accepted auditing standards of the books of account and other records of the Contractor that detail the financial operation of the Contractor pursuant to the terms of this Agreement during the Fiscal Year (or any portion of a Fiscal Year). The Annual Audit Report, which shall include an opinion by the certified public accounting firm, rendered in accordance with generally accepted accounting principles, shall include an examination of the reports with respect to Total Compensation paid to the Contractor pursuant to the terms of Section 14 hereof. The audit will also include separate audit testing and an Attestation Statement that the Fee Statements presented by the Contractor for payment during each audit period are presented fairly, accurately, and free of material misstatement. Furthermore, the Annual Audit Report shall cover an evaluation of the Contractor's internal controls and any other matter that the Corporation shall reasonably request. Any such request shall be made in writing to the Contractor not less than sixty (60) days prior to the end of either the Fiscal Year or the date of termination of this Agreement.
Sample 1
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SCOPE OF THE AUDIT. During the term of the Agreement, the Contractor shall annually conduct three separate financial statement audits for the constituent units managed by CSCU. The Contractor shall conduct financial statement audits for, (1) the Connecticut State University System (2) the Regional-Community Technical Colleges, and (3) and Charter Oak State College each as a whole. The audited financial statements shall contain such supplementary information as is required by the Governmental Accounting Standards Board (hereinafter “GASB”) for each of the Institutions as well as basic financial statements, including, but not limited to: 1. Statement of Net Position; 2. Statement of Revenues, Expenses, and Changes in Net Position; and 3. Statement of Cash Flows.
Sample 1
SCOPE OF THE AUDIT. The auditor is to:- 3.1 carry out such work as is necessary to form an opinion as to whether: (a) the accounts are properly kept; and (b) the annual financial statements: (i) are prepared in accordance with the financial records; and (ii) represent fairly the results of the operations and cash flows for the financial year and the financial position of the Council at 30 June in accordance with the Australian accounting standards, the Local Government Act 1999 (as amended) and other mandatory professional reporting requirements. (c) acquittal audits can be issued in respect of grant funding and other operations as detailed below: i. Roads to Recovery ii. Workers compensation
Sample 1
SCOPE OF THE AUDIT i. The Regulated Entity will perform an environmental audit (the “Audit”) of the facility known as [NAME OF FACILITY] (the “Facility”), facility I.D. # [FACILITY I.D.], located at [FACILITY ADDRESS], for compliance with [all applicable] requirements of the New York State Environmental Conservation Law, New York Navigation Law, and the rules and regulations promulgated there under, as identified herein.
Sample 1
SCOPE OF THE AUDIT. The scope of our performance audit covered the period of July 1, 2015 to June 30, 2016. The population of expenditures tested included all object and project codes associated with the Bond projects. The propriety of expenditures for capital projects and maintenance projects funded through other State or local funding sources, other than proceeds of the bonds, were not included within the scope of the audit. Expenditures incurred subsequent to June 30, 2016, were not reviewed or included within the scope of our audit or in this report.
Sample 1
SCOPE OF THE AUDIT a. The Department will engage the services of a certified public accounting firm to perform an annual audit of this Agreement in accordance with generally accepted accounting principles for each Fiscal Year during the term of the Agreement, or in the event the term of this Agreement commences after the beginning of Fiscal Year or terminates before the end of a Fiscal Year, for any portion of a Fiscal Year during which this Agreement is in effect. b. The certified public accounting firm shall conduct an audit based on generally accepted accounting principals of the books of account and other records of the Contractors that detail the financial operation of the Contractors pursuant to the terms of this Agreement during the Fiscal Year (or any portion of a Fiscal Year) (the “Annual Audit Report”). The Annual Audit Report, which shall include an opinion by the certified public accounting firm, rendered in accordance with generally accepted accounting principles, shall include an examination of the reports with respect to the total amount paid to the Contractors. The audit will also include separate audit testing and an attestation statement that the Fee Statements presented by the Contractors for payment during each audit period are presented fairly, accurately, and free of material misstatement. Furthermore, the Annual Audit Report shall cover an evaluation of the Contractors’ internal controls and any other matter that the Department shall reasonably request. Any such request shall be made in writing to the Contractors not less than sixty (60) days prior to the end of either the Fiscal Year or the date of termination of this Agreement.
Sample 1
SCOPE OF THE AUDIT. A. shall conduct a self-audit of its compliance with the regulations cited below in subsections 1 7 of Section III.B. The self-audit will encompass any associated off-site facilities. For each facility the audit will include an evaluation of each facility s operating practices and procedures and evaluate recycling and pollution prevention opportunities. B. Under the Audit Program, will audit compliance with the following federal and state regulatory programs: 1. Clean Air Act: Standards of Performance for New Stationary Sources (40 C.F.R. Part 60); National Emission Standards for Hazardous Air Pollutants (40 C.F.R. Part 61); National Emission Standards for Hazardous Air Pollutants for Source Categories (40 C.F.R. Part 63; Chemical Accident Prevention Provisions (40 C.F.R. Part 68); Title V Permits; Protection of Stratospheric Ozone (40 C.F.R. Part 82); Pennsylvania State Implementation Plan, including New Source Review Regulations (40 C.F.R. 52.2020 (NN)), 25 Pa. Code 127; 40 C.F.R. 51.160 et seq. 2. Clean Water Act: Spill Prevention, Control, and Countermeasures (40 C.F.R. Part 112); The Pennsylvania Discharge Elimination System Permitting, Monitoring and Compliance Regulations at 25 Pa. Code § 92. 1 et seq. (The National Pollutant Discharge Elimination System Permits including storm water management (40 C.F.R. Part 122)); General Pretreatment Regulations (40 C.F.R. Part 403). City of Philadelphia Wastewater Control Regulations. 3. Safe Drinking Water Act: National Primary and Secondary Drinking Water Regulations (40 C.F.R. Part 141 and 143). 4. Federal Insecticide, Fungicide and Rodenticide Act: Good Laboratory Practice Standards (40 C.F.R. Part 160); Worker Protection Standard (40 C.F.R. Part 170); Experimental Use Permits (40 C.F.R. Part 172).
Sample 1
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SCOPE OF THE AUDIT. The Audit shall be carried out in accordance with the International Standards of Auditing (ISA), and in compliance with the Article 15(1)(m) of the International Agreement of ReSPA Establishment. The Independent Auditor should carry out an audit of the annual financial statements of ReSPA, pursuant to article 36 of ReSPA Financial Regulations, for the period 01.01.2016 to 31.12.2016 and expenditure verification of ReSPA Core Budget for the same period. The independent auditor should audit report and certified accounts, together with a statement of assurance relating to the reliability of the accounts and the legality and regularity of the underlying transactions.
Sample 1

Related to SCOPE OF THE AUDIT

  • Scope of the Agreement This Agreement shall apply to all investments made by investors of either Contracting Party in the territory of the other Contracting Party, accepted as such in accordance with its laws and regulations, whether made before or after the coming into force of this Agreement.

  • Scope of the Project Under this Agreement, the scope of the Project (the “Scope of the Project”) shall mean and include: (a) construction of the Project Highway on the Site set forth in Schedule- A and as specified in Schedule-B together with provision of Project Facilities as specified in Schedule-C, and in conformity with the Specifications and Standards set forth in Schedule-D; (b) maintenance of the Project Highway in accordance with the provisions of this Agreement and in conformity with the requirements set forth in Schedule-E; and (c) performance and fulfilment of all other obligations of the Contractor in accordance with the provisions of this Agreement and matters incidental thereto or necessary for the performance of any or all of the obligations of the Contractor under this Agreement.

  • SCOPE OF SERVICES/CASE HANDLING A. Upon execution by GPM, attorneys are retained to provide legal services for the purpose of seeking damages and other relief in the Litigation. Client provides authorization to seek appointment as Lead Plaintiff in the class action, while the Attorneys will seek to be appointed Class Counsel. If this occurs, the Litigation will be prosecuted as a class action. B. If you obtain access to non-public information during the pendency of the Litigation, you must not engage in transactions in securities. C. Attorneys are authorized to prosecute the Litigation. The appointed Lead Plaintiffs will monitor, review and participate with counsel in the prosecution of the Litigation. The Attorneys shall consult with the appointed Lead Plaintiffs concerning all major substantive matters related to the Litigation, including, but not limited to, the complaint, dispositive motions and settlement. Because of potential differences of opinion between Clients concerning, among other things, strategy, goals and objectives of the Litigation, the Attorneys shall consult with the appointed Lead Plaintiffs as to the courses of action to pursue. The Client agrees to abide by the decisions of the appointed Lead Plaintiffs, which shall be final and binding on all Clients. D. GPM is given the authority to opt the Client out of any class action proceeding relating to the claims authorized herein and/or pursue the Client claim individually in a group action, if the Client is not appointed Lead Plaintiff and GPM is not appointed Class Counsel. E. The Attorneys shall provide sufficient resources, including attorney time and capital for payment of costs and expenses, to vigorously prosecute the Litigation. F. Any recovery from defendants that the Attorneys are responsible for will be divided among class members based on the recognized loss by each class member as calculated by a damage allocation plan which will be prepared by a financial expert or consultant, provided to the appointed Lead Plaintiffs, be subject to the Court's approval and will account for such factors as size of securities ownership, date of purchase, date of sale and continued holdings, if any. Under the rules governing class action litigation, while the Lead Plaintiffs recover according to the same formula as other class members, the Court may approve, upon application therefore, reimbursement of the Lead Plaintiffs’ reasonable costs and expenses directly related to the representation of the class. Examples are lost wages and travel expenses associated with testifying in the action.

  • SCOPE OF THE WORK The Contractor shall furnish all the materials, perform all of the Work, and do all things required by the Contract Documents.

  • Object and Scope of the Agreement The competent authorities of the Contracting Parties shall provide assistance through exchange of information that is foreseeably relevant to the administration and enforcement of the domestic laws of the Contracting Parties concerning taxes covered by this Agreement. Such information shall include information that is foreseeably relevant to the determination, assessment and collection of such taxes, the recovery and enforcement of tax claims, or the investigation or prosecution of tax matters. Information shall be exchanged in accordance with the provisions of this Agreement and shall be treated as confidential in the manner provided in Article 8. The rights and safeguards secured to persons by the laws or administrative practice of the requested Party remain applicable to the extent that they do not unduly prevent or delay effective exchange of information.

  • Scope of Services The specific scope of work for each job shall be determined in advance and in writing between TIPS Member, Member’s design professionals and Vendor. It is permitted for the TIPS Member to provide a general scope description, but the awarded vendor should provide a written scope of work, and if applicable, according to the TIPS Member’s design Professional as part of the proposal. Once the scope of the job is agreed to, the TIPS Member will issue a PO and/or an Agreement or Contract with the Job Order Contract Proposal referenced or as an attachment along with bond and any other special provisions agreed by the TIPS Member. If special terms and conditions other than those covered within this solicitation and awarded Agreements are required, they will be attached to the PO and/or an Agreement or Contract and shall take precedence over those in this base TIPS Vendor Agreement.

  • Scope of Engagement Client hereby engages each of Arete and IndieBrokers to act as co-managers of the proposed Offering on a “Best Efforts” basis. Therefore, Client understands that there is no guarantee that the Co-Managers will be able to successfully complete the Offering or successfully assist Client in raising capital and neither Co-Manager has any obligation to purchase or sell any Securities. In addition, Client will be solely responsible for the following: a. Collection and handling of investor funds in a segregated account maintained at a national banking institution (the Co-Managers will not hold or have control over investor funds or securities); b. With respect to potential investors, who inquire through the Masterworks Platform, allocation of potential investors to be solicited by each Co-Manager; c. Execution of securities subscriptions and purchases through the Masterworks Platform; and d. The issuance of Securities directly to investors in the Offering.

  • MANAGEMENT OF EVALUATION OUTCOMES 12.1 Where the Employer is, any time during the Employee’s employment, not satisfied with the Employee’s performance with respect to any matter dealt with in this Agreement, the Employer will give notice to the Employee to attend a meeting; 12.2 The Employee will have the opportunity at the meeting to satisfy the Employer of the measures being taken to ensure that his performance becomes satisfactory and any programme, including any dates, for implementing these measures; 12.3 Where there is a dispute or difference as to the performance of the Employee under this Agreement, the Parties will confer with a view to resolving the dispute or difference; and 12.4 In the case of unacceptable performance, the Employer shall – 12.4.1 Provide systematic remedial or developmental support to assist the Employee to improve his performance; and 12.4.2 After appropriate performance counselling and having provided the necessary guidance and/or support as well as reasonable time for improvement in performance, the Employer may consider steps to terminate the contract of employment of the Employee on grounds of unfitness or incapacity to carry out his or her duties.

  • Scope of Delegated Responsibilities (a) SELECTION OF ELIGIBLE FOREIGN CUSTODIANS. Subject to the provisions of this Section 3.2, the Foreign Custody Manager may place and maintain the Foreign Assets in the care of the Eligible Foreign Custodian selected by the Foreign Custody Manager in each country listed on Schedule A, as amended from time to time. In performing its delegated responsibilities as Foreign Custody Manager to place or maintain Foreign Assets with an Eligible Foreign Custodian, the Foreign Custody Manager shall determine that the Foreign Assets will be subject to reasonable care, based on the standards applicable to custodians in the country in which the Foreign Assets will be held by that Eligible Foreign Custodian, after considering all factors relevant to the safekeeping of such assets, including, without limitation the factors specified in Rule 17f-5(c)(1).

  • Quality Assurance The parties endorse the underlying principles of the Company’s Quality Management System, which seeks to ensure that its services are provided in a manner which best conforms to the requirements of the contract with its customer. This requires the Company to establish and maintain, implement, train and continuously improve its procedures and processes, and the employees to follow the procedures, document their compliance and participate in the improvement process. In particular, this will require employees to regularly and reliably fill out documentation and checklists to signify that work has been carried out in accordance with the customer’s specific requirements. Where necessary, training will be provided in these activities.

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