Type II SAS 70 Report definition

Type II SAS 70 Report means a report issued by the SAS 70 Review Firm pursuant to a Type II service auditor’s examination for the Company in accordance with the American Institute of Certified Public Accountants’ Statement on Auditing Standards Xx. 00 xx xx Xxxxxxxx 00, 0000 (xxx for 2008, as of September 30; and for each subsequent year during the Term as of September 30) which report includes the following: (i) whether the Company’s description of its internal controls presents fairly, in all material respects, the relevant aspects of the Company’s controls that had been placed in operation as of a specific date; (ii) whether the controls were suitably designed to achieve specified control objectives; (iii) whether the controls that were tested were operating with sufficient effectiveness to provide reasonable assurance that the control objectives were achieved during the specified period; and (iv) any other information as required by SAS 70.

Type II SAS 70 Report means a report issued by the SAS 70 Review Firm pursuant to a Type II service auditor’s examination for the Service Provider in accordance with the American Institute of Certified Public Accountants’ Statement on Auditing Standards No. 70 which report includes the following: (i) whether the Service Provider’s description of its internal controls presents fairly, in all material respects, the relevant aspects of the Service Provider’s controls that had been placed in operation as of a specific date; (ii) whether the controls were suitably designed to achieve specified control objectives; (iii) whether the controls that were tested were operating with sufficient effectiveness to provide reasonable assurance that the control objectives were achieved during the specified period; and (iv) any other information as required by SAS 70 or its successor.

Examples of Type II SAS 70 Report in a sentence

The examination shall in- clude testing of the operating effective- ness of relevant provider internal con- trols (Type II SAS 70 Report).
The examination shall include testing of the operating effectiveness of relevant provider internal controls (Type II SAS 70 Report).
The examination shall include testing of the operating effectiveness of relevant RC internal controls (Type II SAS 70 Report).
Business, Bridge Letter for Type II SAS 70 Report for the period October 1, 2014 through December 31, 20 14.
One of the tools provided in that document to help towns consider wildlife in its planning and conservation efforts is a map that ranks the value of the wildlife habitat throughout the state.

Related to Type II SAS 70 Report

GLJ Report means the independent engineering reserves evaluation of certain oil, NGL and natural gas interests of the Company prepared by GLJ dated February 11, 2022 and effective December 31, 2021.
MI Report means a report containing Management Information submitted to the Authority in accordance with Framework Schedule 8 (Management Information);
Root Cause Analysis Report means a report addressing a problem or non-conformance, in order to get to the ‘root cause’ of the problem, which thereby assists in correcting or eliminating the cause, and prevent the problem from recurring.
Rapidly report means within 72 hours of discovery of any cyber incident.
ESDM Report means the Emission Summary and Dispersion Modelling Report, dated June 12, 2009, prepared in accordance with the Procedure Document by Golder Associated Ltd. and submitted in support of the application, and includes any amendments to the ESDM Report listed in Schedule A and all up-dated ESDM Reports prepared as required by the Documentation Requirements conditions of this Certificate.
Evaluation Report means a report on the evaluation of tenders prepared under CSO 12
Annual Statement of Compliance As defined in Section 3.13.
Acoustic Assessment Report means the report, prepared in accordance with Publication NPC-233 and Appendix A of the Basic Comprehensive User Guide,by HGC Engineering and dated August 22, 2008 submitted in support of the application, that documents all sources of noise emissions and Noise Control Measures present at the Facility and includes all up-dated Acoustic Assessment Reports as required by the Documentation Requirements conditions of this Certificate to demonstrate continued compliance with the Performance Limits following the implementation of any Modification.
Section 404 Report means management’s report on “internal control over financial reporting” as defined by the SEC and the related attestation report of the independent certified public accountant as described in Section 3(A)(1).
Benchmarking Report means the report produced by the Supplier following the Benchmark Review and as further described in this Framework Schedule 7;
Valuation Report means the valuation report or reports for mortgage purposes, in the form of the pro-forma contained in the Standard Documentation, obtained by the Seller from a Valuer in respect of each Mortgaged Property or a valuation report in respect of a valuation made using a methodology which would be acceptable to a reasonable prudent mortgage lender;
ORSA summary report means a confidential high-level summary of an insurer or insurance group's own risk and solvency assessment.
Pick Up Report means the report detailing the number of sleeping rooms per day actually used out of the Program’s room block.
Annual Accountant’s Report is defined in Section 3.04(a) of the Servicing Agreement.
Summary report means the year end report containing the summary of a
Verification Report As defined in Section 4.19.
Physical Conditions Report means, with respect to the Property, a report prepared by a company satisfactory to Lender regarding the physical condition of the Property, satisfactory in form and substance to Lender in its sole discretion, which report shall, among other things, (a) confirm that the Property and its use complies, in all material respects, with all applicable Legal Requirements (including, without limitation, zoning, subdivision and building laws) and (b) include a copy of a final certificate of occupancy with respect to all Improvements on the Property.
MI Reporting Template means the form of report set out in the Annex to Framework Schedule 8 (Management Information) setting out the information the Supplier is required to supply to the Authority;
Quarterly Compliance Certificate has the meaning specified in Section 4.1(d) of the Base Indenture.
Inspection Report means the report delivered by the Master Servicer or the Special Servicer, as the case may be, substantially in the form of Exhibit L hereto.