Examples of Auditing entity in a sentence
The following words and phrases when used in this act shall 1 have the meanings given to them in this section unless the 2 context clearly indicates otherwise: 3 "Auditing entity." A person, company or government entity 4 that performs a pharmacy audit, including a plan sponsor, 5 pharmacy benefit manager, managed care organization or third- 6 party administrator.
Auditing entity may be the state, another public authority, unions or federations of cooperatives or other private entities recognized by the state according to minimum requirements established by the law.
The Auditing entity submitting a proposal must be duly licensed under Chapter 473, Florida Statutes and be qualified to conduct audits in accordance with “Governmental Auditing Standards”, as adopted by the Florida Board of Accountancy Audit shall be conducted in accordance with Florida Law and particularly Section 218.39, Florida Statutes, and the rules of the Florida Auditor General.