Management Letter definition

Management Letter means formal communications from the auditor to the client management in accordance with the International Standard on Auditing 265 (communicating deficiencies in internal control to those charged with governance and management), which is not required to be provided separately as it is equivalent to the Audit Findings and Recommendations prepared by the Project auditor and submitted to ADB;

Management Letter means any correspondence or report submitted by the Auditors to a Loan Party’s chief executive officer, its Board of Directors or any committee thereof containing comments and suggestions concerning a Loan Party’s accounting procedures and systems based upon the work done by the Auditors during their annual or other audit.

Management Letter means a written statement of the auditor’s comments and recommendations. This letter shall be prepared and included as a part of each financial audit report pursuant to Section 218.39(4), Florida Statutes, and Rule 10.856(2)(d). The management letter shall include, but not be limited to:

Examples of Management Letter in a sentence

• If threshold expenditures of $750,000 or more are met during the fiscal year, the Local Government must submit a Single Audit Report and Management Letter (if applicable) to TxDOT's Compliance Division, 000 Xxxx 00xx Xxxxxx, Xxxxxx, XX 00000 or contact TxDOT’s Compliance Division by email at xxxxxxxxxxxx@xxxxx.xxx.

• If threshold expenditures of $750,000 or more are met during the fiscal year, the Local Government must submit a Single Audit Report and Management Letter (if applicable) to TxDOT's Compliance Division, 000 Xxxx 00xx Xxxxxx, Xxxxxx, XX 00000 or contact TxDOT’s Compliance Division at xxxxxxxxxxxx@xxxxx.xxx.

• If the audit includes a Management Letter, this must also be submitted to the CITY.

• If threshold expenditures of $750,000 or more are met during the Local Government’s fiscal year, the Local Government must submit a Single Audit Report and Management Letter (if applicable) to TxDOT's Audit Office, 000 X.

• The Management Letter (or similar document conveying auditor's comments issued as a result of the audit) or written assurance that a Management Letter was not issued with the audit report.

More Definitions of Management Letter

Management Letter means a letter, written by the

Management Letter or similar report, submitted to Borrower by the Accountants in connection with any annual, interim or special audit made by the Accountants of the books of Borrower.

Management Letter shall have the meaning set forth in subsection 7.1(G) hereof.

Management Letter means a letter, written by the auditor to the management of a licensee, reporting the auditor's findings and suggestions resulting from an independent audit.

Management Letter means a formal letter from the auditor addressed to a financial institution on the weaknesses identified in the operations of that financial institution during the audit;

Management Letter means a statement of the auditor’s comments and recommendations. This letter shall be prepared and included as a part of each audit report pursuant to Section 218.39(4), Florida Statutes, and Rule 10.557(3)(g). Unless otherwise required to be reported in the auditor’s report on internal control and compliance or schedule of findings and questioned costs (see Rule 10.554(1)(l)), the management letter shall include, but not be limited to:

Management Letter means a letter certified as true by the Contractor’s certified public accountant or chief financial officer of findings and recommendations for improvements in internal fiscal control that were identified during an Audit of Financial Statements, but which were not required to be included in an audit report.