Field Audit definition

Field Audit means a formal official verification and methodical examination and review, including the final written report of the examination of original books of accounts and resident assessment data and its supporting documentation by auditors.

Field Audit means a formal official verification and methodical examination and review, including the final written report of the examination of original books of accounts by auditors.

Field Audit means a field examination conducted by a Field Auditor of the Borrower’s and the Guarantors’ accounts receivable and books and records related thereto, and the results of such field examination shall be reasonably satisfactory to the Administrative Agent in all respects.

Examples of Field Audit in a sentence

• This includes directing the overall management of DCAA personnel and resources assigned to the individual Regional Offices or CADs and to the various Field Audit Offices (FAOs) and suboffices within the regions/CADs. Each Director’s staff includes a Deputy, several Regional/Corporate Audit Managers, a Special Programs Manager, a Resources Manager/Liaison, and a Special Assistant to the Director.

• Regional offices make distributions to Field Audit Offices (FAOs).

• The Field Audit Office or FAO is DCAA’s base level organizational unit responsible for providing advisory services and planning and performing contract audits for the DoD and other Government agencies.

• Quality Assurance Reports to management will include Field Audit Reports, CARs, and Data Assessment Reports (within DSRs).

• Fugro-McClelland (West), Inc., Final Environmental Field Audit for Practices 1964-1990 Petroecuador-Texaco Consortium, Oriente, Ecuador, Oct.

More Definitions of Field Audit

Field Audit means an on-site analysis of cost report data submitted by a provider. This constitutes an in-depth review of the providers’ financial and statistical records to verify data submitted on the cost report is accurate, complete, allowable and reasonable.

Field Audit means an audit, verification and inspection of the books and records, accounts receivable and inventory of the Borrower and its Subsidiaries, conducted by the Administrative Agent or any other Person selected by the Administrative Agent.

Field Audit means a review and application of the regulations to a provider submitted cost report, including accompanying notes and supplemental information within the scope, as defined by the office.

Field Audit means a limited scope field audit of the accounting records of the Borrowers to be performed by the Collateral Agent in accordance with the parameters outlined in Exhibit C and Section 8.01(b)(4) of this Agreement.

Field Audit means audits, verifications and inspections of (a) the Collateral, (b) the accounting and financial processes and procedures of the Companies and the other Loan Parties pertaining to the Collateral, and (c) the books, records and documents of the Companies and the other Loan Parties pertaining to the Collateral, in each case conducted by a Person (who may be an employee of Agent or any Lender or who may be an independent third party) satisfactory to Agent.

Field Audit. A comprehensive in-person assessment of health and safety documentation, behaviors, and practices at a defined location to evaluate Supplier conformance with relevant regulatory or industry best practices

Field Audit shall have the meaning assigned thereto in Section 5.1 (11) hereof.