Limited Review definition
Examples of Limited Review in a sentence
No Group Company has incurred or assumed any material Liabilities except for Liabilities: (i) reflected or reserved against in the Draft Limited Review Accounts or which will be reflected or reserved in the Final Limited Review Accounts; or (ii) incurred in the Ordinary Course of Business, since the Accounts Date.
Further, the unaudited quarterly results shall be subjected to a Limited Review by the Auditors of the Company and a copy of the review report shall be submitted to the Stock Exchange within 45 days after the close of the quarter.
By designating a third party, Client certifies the third party is Client’s customer, that Limited Review is needed by Client’s customer for employment and/or work assignment purposes, and that Client has obtained an authorization in writing by the Consumer who is the subject of the Consumer Report, that authorizes both companies to obtain Consumer Reports.
The inventories of the Group Companies as referenced in the Draft Individual Accounts and the Draft Limited Review Accounts with respect to the Agila Business are of a saleable quality and condition and usable (taking into account shelf life) in the Ordinary Course of Business for their intended purposes other than for doubtful inventories for which the relevant Group Company has made reserves in the Draft Individual Accounts and the Draft Limited Review Accounts.
Pursuant to the requirements set forth by Section 83 of the Corporations Law, such balance sheet includes the Supervisory Syndic’s Committee Report of the latter company and the Syndics’ Reports of the two former ones, as well as the Special Public Accountant’s Report prepared based on the Limited Review Report dated August 8, 2013 related to Grupo Financiero Galicia’s Financial Statements as of June 30, 2013.
In respect of the half yearly results, if the company intimates in advance to the Stock Exchange/s that it will publish audited half yearly financial results within two months of the close of the half-year, then in such a case un-audited quarterly results and Limited Review need not be published/given to the Stock Exchange/s.
In addition, with effect from quarter ending on or after June 30, 2003, where the Companies prepare the un-audited quarterly results the same shall be approved by the Board of directors and subjected to a "Limited Review" by the Auditors of the company (or by any Chartered Accountant in case of Public Sector Undertakings) and a copy of the Review Report shall be submitted to the Stock Exchange within 2 months after the close of the quarter.
If in respect of any item given in the same proforma format varies by 20% or more from the respective un-audited quarterly results as determined after the "Limited Review" by the Auditors, the company shall send a statement (approved by the Board of directors) explaining the reasons to the Stock Exchanges alongwith Review Report.