Audit Service Provider definition
Examples of Audit Service Provider in a sentence
Both SP and customer might want to use these third-party services (ASP is Audit Service Provider) Compliance related events could be later automatically delivered either to the customer or to the TP that has compliance assessment knowledge and capabilities, as well as necessary event correlation or intelligence tools.
In the interim, Internal Audit utilised the available permanent capacity, the appointed Internal Audit Service Provider on an ad-hoc basis as provided for in the Service Level Agreement.
Accordingly, the Audit Service Provider acknowledges that the Auditor-General can seek any form of injunction (or other equitable relief) to restrain any unauthorised use or disclosure of the Confidential Information without the need to prove any special damage.
Without limitation to the foregoing, the Audit Service Provider must comply with the Financial Audit Policy Manual and with the provisions set out in Schedule 4.
The Auditor General’s Department is currently seeking to employ the services of an Audit Service Provider to complete the audits of financial statements for entities that are in arrears and have submitted those statements and supporting schedules.
The third party appointed to resolve the dispute in this matter shall act as an expert and not as an arbitrator and their decision shall be final and binding upon the Auditor-General and the Audit Service Provider.
If the dispute is not resolved in this manner the Audit Service Provider may forward a notice to the Auditor-General informing them that the dispute or part thereof is not resolved.
The Audit Service Provider irrevocably consents to any such injunction being granted to the Auditor-General and to a copy of this Agreement being used as conclusive evidence of that consent.
In the interim, Internal Audit utilises the available permanent capacity, the appointed Internal Audit Service Provider, on an ad-hoc basis as provided for in the Service Level Agreement, and the appointed independent forensic investigation service provider to review and investigate prior-year’s irregular expenditure allegations/ cases.
The Audit Service Provider’s authority as agent under this agreement is confined to any act necessary to perform the Audit Services under this Agreement and the terms of any delegation provided to the Audit Service Provider under section 7G of the Act.