Annual Audit Plan definition
Examples of Annual Audit Plan in a sentence
Per City Ordinance 79-10 in Section One (d) Nature, Objective and Scope of the Auditor Function, the City Auditor shall submit an Annual Audit Plan to the City Council for approval no later than October of each fiscal year.
Client and/or Client Affiliates are entitled to conduct their own audits or audits required by Governmental Authorities (“Client Audits”) according to the Annual Audit Plan, unless additional Client Audits are required.
The first Annual Audit Plan will include Client Audits to be accomplished during the initial Contract Year after a [***]* stabilization period following completion of the take on activity for the last Process for each of Client’s Canadian operations and U.S. operations.
The Annual Audit Plan will include: (i) Operational and Financial Audits to be performed by or on behalf of Customer during such year; and (ii) the timing and scope of Provider Audits to be provided by Provider to Customer as part of the Services.
Consistent with the Annual Audit Plan, Client Group’s auditors that execute confidentiality agreements in the form of Exhibit M (“Approved Auditors”) shall have the reasonable access set forth in Section 17.01(b) below.
All changes or additions to the Annual Audit Plan will be proposed on at least [***]* advance notice except where shorter notice periods are required by a Governmental Authority.
All changes or additions to the Annual Audit Plan will be proposed on at least 30 days’ Notice except where shorter notice periods are required by a Governmental Authority.
An annual plan prepared by NPCC and submitted to the 48 Régie for approval, including (1) all Reliability Standards identified by the Régie for active 49 monitoring in Québec during the year, (2) the QCMEP methods to be used by NPCC for 50 compliance monitoring, assessment and reporting of each Reliability Standard, (3) NPCC’s 51 Annual Audit Plan regarding Registered Entities, (4) a schedule for Self-Certification and 52 (5) a schedule for Periodic Data Submittals.
In connection with the development of its Annual Audit Plan pursuant to Section 3.1.2 of the CMEP, NERC will conduct annual reviews to determine whether any changes to the GAO Standards have occurred, and if any such changes have occurred, will address in its annual audit plan whether any changes to NERC’s audit procedures are appropriate as a result.
The following deliverables will be prepared as part of this engagement: • Risk Matrix • Risk Assessment Report • Presentation of Results to City Council (note that this may be combined with presentation of the Task 2 Annual Audit Plan) Schedule of Performance Anticipated Start Date: October 1, 2020 Anticipated End Date: January 15, 2021 Maximum Compensation Amount and Rate Schedule The not-to-exceed maximum, inclusive of reimbursable expenses (as summarized below) for this Task is $65,000.