Audit Opinion definition

Audit Opinion means a written statement describing the auditor's independent opinion on the Statement of Expenditure submitted to IFAD based on the evaluation of the conclusions drawn from the audit evidence obtained and the basis for the opinion.

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Audit Opinion means a certification by an auditor that accompanies financial statements based on an audit of an accountant's opinion on the procedures and records used to produce the statements, regardless of whether material misstatements exist in the financial statements;

Audit Opinion has the meaning specified in Section 8.5(b).

Examples of Audit Opinion in a sentence

This Audit Opinion expressed in this report has been formed on the above basis.
In case the Project Implementation Period is less than or equal to eighteen (18) months a single Audit Opinion on the final SOE covering the entire period may be submitted by the Grant Closing Date.
If the total amount of the Grant is more than two hundred thousand United States Dollars (USD 200 000) or equivalent, the Recipient shall provide a separate Audit Opinion on SOEs presented to IFAD, which may be either annexed to the institutional audited financial statements or submitted separately.
As soon as possible after the Project Completion Date, but in no event later than the Grant Closing Date, unless IFAD has agreed in writing to an extension, the Recipient shall submit to IFAD a Final Completion Report in satisfactory form, including both technical and financial information, i.e. the project completion report, the final certified SOE and the related Audit Opinion, following the formats provided at ▇▇▇.▇▇▇▇.▇▇▇/▇▇▇▇▇▇▇▇▇▇.
A project-specific Audit Opinion on the final SOE must be submitted to IFAD by the Grant Closing Date.

More Definitions of Audit Opinion

Audit Opinion means a certification by an auditor that accompanies financial statements based on an audit of an accountant's opinion on the procedures

Audit Opinion shall have the meaning set forth in Section 2.29.

Audit Opinion shall have the meaning assigned to it in Section 3.8(d).

Audit Opinion means a report of independent auditors for an audit conducted in accordance with the standards of the AICPA of the balance sheets of the in-scope entities and partially in-scope entities as of March 31, 2021.

Audit Opinion means a report by a Chartered Registered Auditor which relates to an audit.

Audit Opinion shall have the meaning set forth in Section 7.13.

Audit Opinion means any opinion given from time to time by the Auditor under clause 18.3 of this Deed in the form of, or substantially in the form of, Schedule 5 and 5A.