Audit Organisation definition

Audit Organisation means an internal or external certified audit organisation which carries out financial audits during and after Project implementation.
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Audit Organisation means an internal or external certified audit organisation which carries out financial audits during and after Project implementation on behalf of the NCU; "Implementation Agreement" means the Agreement between the NCU and the IB and the Executing Agency approved by the NCU which lays down the rights and obligations of the NCU and the IB and the Executing Agency regarding the implementation of the Project;
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Audit Organisation means an intemal or external certified audit organisation which carries out financial audits during and after Project implementation on behalf of the SNSF in Switzerland and the NCU in Croatia;
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Examples of Audit Organisation in a sentence

  • The Audit Organisation shall take into account additional requirements that may be suggested by the NCU or by Switzerland.

  • The NCU shall immediately communicate to Switzerland the name of the selected Audit Organisation.

  • The Audit Organisation shall conduct the financial audits in accordance with International Standards on Auditing (ISA), issued by the International Auditing and Assurance Standards Board (lAASB) of the International Federation of Accountants (IFAC) to obtain reasonable assurance that the financial statements taken as a whole are free from material misstatement, whether due to fraud or error.

  • Audit arrangements with the Audit Organisation shall be effective for the whole Project duration unless it is terminated, amended or superseded with appropriate justifications.

  • The Audit Organisation shall conduct the financial audit in accordance with International Standards on Auditing (ISA), issued by the International Auditing and Assurance Standards Board (IAASB) of the International Federation of Accountants (IFAC), to obtain reasonable assurance that the financial statements taken as a whole are free from material misstatement, whether due to fraud or error (ISA 200, point 17).

  • The NCU will communicate to Switzerland the name of the selected Audit Organisation.

  • The audit arrangements with the Audit Organisation shall be effective for the whole Project implementation period, unless it is terminated, amended or superseded with appropriate justifications.

  • In case of internal audit: Costs are borne by the respective internal Audit Organisation.

  • The NCU confirms that the selected Audit Organisation is a public institution (or an external certified company) of recognised professional reputation and in line with the International Standards on Auditing (ISAs) issued by the International Auditing and Assurance Standards Board (IAASB) of the International Federation of Accountants.

  • The Audit Organisation shall take into account additional requirements that may be suggested by the NCU, the IB or by SDC.