Independent Audit definition

Independent Audit means an audit carried out by a person(s) with the relevant skills and expertise, other than the licensee or an Affiliate, instructed by the licensee. Unless exempted by the Authority, the auditor must be a person or firm regulated by an appropriate professional body.
Independent Audit means an examination and report of the district’s accounts by a certified public accounting firm. “Individual with Exceptional Needs” shall have the meaning set forth in Education Code Section 56026 as further defined and classified in 34 Code of Federal Regulations Part 300.5.
Independent Audit has the meaning contained in Section 5.4.5.2.

Examples of Independent Audit in a sentence

  • All costs and fees associated with the Independent Audit shall be the sole responsibility of Client.

  • The audit statement on the Official Past Use Report shall be in the form of the Independent Audit Statement set out in Schedule 1.

  • All fees and expenses of the Independent Auditor, including any Third Party support staff or other costs incurred by the Independent Auditor with respect to the Independent Audit, shall be borne equally by the Parties, unless the Independent Auditor determines that the Preferred Third Party Offer was not Substantially Better than the Final Offer, in which case all fees and expenses of the Independent Auditor shall be borne solely by Licensee.

  • The Parties agree that prior to the expiration of the Third Party Offer Period, or within such other period of time as may be mutually agreed by the Parties, the Parties shall select, by mutual agreement, an Independent Auditor to carry out the Independent Audit set forth in Section 5.4.6 below.

  • If Recipient is a unit of local government in North Carolina, Recipient may also be subject to the audit and reporting requirements in N.C.G.S. 159-34, Local Government Finance Act – Annual Independent Audit, rules and regulations.


More Definitions of Independent Audit

Independent Audit means an audit of the consolidated financial statements of GM performed in accordance with the standards of the Public Company Accounting Oversight Board by the independent registered public accounting firm that has been designated by GM.
Independent Audit means an audit of the consolidated financial statements of Chrysler or Newco, as applicable, performed in accordance with the standards of the Public Company Accounting Oversight Board by the independent registered public accounting firm that has been designated by Chrysler or Newco, whichever the case may be based on the context used herein.
Independent Audit. ' means an audit conducted according to the standards specified in the generally accepted government auditing standards issued by the Comptroller General of the United States.
Independent Audit means an audit conducted by a party that:
Independent Audit means an audit of the consolidated financial statements of Ford performed in accordance with the standards of the Public Company Accounting Oversight Board by the independent registered public accounting firm that has been designated by Ford.
Independent Audit means an audit of records, policies, and procedures by a certified public accountant consistent with the standards accepted by the American Institute of Certified Public Accountants or a successor organization.
Independent Audit means an independent assessment (audit) of the fairness by which a company’s financial statements are presented by its management in conformance with GAAP. The audit must be performed by an independent Certified Public Accountant and conform to U.S. Generally Accepted Auditing Standards (“GAAS”). An Independently Audited financial statement is a financial statement that has been subject to such an Independent Audit.