Auditor’s Reports definition

Auditor’s Reports. All audit reports must contain the following auditor's reports, which must comply with applicable professional standards in effect for the fiscal year or years being audited:

Auditor’s Reports promptly upon receipt thereof (unless restricted by applicable professional standards), copies of all reports submitted to Company by independent auditors in connection with each annual, interim or special audit of the financial statements of Company and its Subsidiaries made by such auditors, including any comment letter submitted by such auditors to management in connection with their annual audit;

Examples of Auditor’s Reports in a sentence

• Self-attested copy of Documents (Audited Balance Sheets, Profit & Loss Statements and Auditor’s Reports) in support of meeting the Profitability criterion in accordance with Para 4 of Annexure I.

• The Bidder should furnish figures of net profit of last 3 years in a tabular form and submit attested copies of Auditor’s Reports along with audited Balance Sheets and Profit and Loss Statements for the last three Financial Years.

• Chapter Six of this audit guide includes suggested wording for Auditor’s Reports on Compliance.

• The Notes to the Financial Statements read with the Auditor’s Reports are self-explanatory and therefore, do not call for further comments or explanations.

• Independent Auditor’s Reports meet reporting standards of Generally Accepted Auditing Standards.

• Auditor’s management letters that were referred to in the Auditor’s Reports on Internal Controls and Compliance were submitted along with the UFR.

• Any modification to the auditor’s opinion on the initial filing of the financial statements or other changes in the Auditor’s Reports on the Financial Statements, Internal Controls and Compliance may not be refiled in a piecemeal manner.

• If CONTRACTOR utilizes a Statement on Audit Standards No. 70 (SAS 70), or a Statement on Standards for Attestation Engagements (SSAE) No. 16, as developed by the American Institute of Certified Public Accountants (AICPA), within the past twenty-four months prior to the Agreement, CONTRACTOR shall provide NYSIF with a copy of CONTRACTOR’s Service Auditor’s Report(s) for either Type I or Type II (Reports), or Service Organization Control (SOC) Report types 1, 2, or 3, on an annual basis.

• These provisions are also applicable in cases where JV is permitted.- The Bidder should furnish figures of net profit of last 3 years in a tabular form and submit attested copies of Auditor’s Reports along with audited Balance Sheets and Profit and Loss Statements for the last three Financial Years.

• If CONTRACTOR utilizes a Statement on Audit Standards No. 70 (SAS 70), or a Statement on Standards for Attestation Engagements (SSAE) No. 18, as developed by the American Institute of Certified Public Accountants (AICPA), within the past twenty-four months prior to the Agreement, CONTRACTOR shall provide NYSIF with a copy of CONTRACTOR’s Service Auditor’s Report(s) for either Type I or Type II (Reports), or Service Organization Control (SOC) Report types 1, 2, or 3, on an annual basis.