Finance Audit Services SLA
This Service Level Agreement (SLA) is established between [Your Company Name] and [Audit Service Provider] to outline the terms, conditions, and standards for the provision of finance audit services. This SLA is a legally binding document and sets forth the expectations and responsibilities of both parties.
1. SCOPE OF SERVICES
Services Provided:
Comprehensive financial statement audit.
Evaluation of internal controls and risk management processes.
Compliance audit with applicable financial regulations and standards.
Service Exclusions:
Non-financial operational audits.
Audits outside the agreed-upon financial periods.
Services not explicitly mentioned in this SLA.
2. PERFORMANCE STANDARDS
The audit will be conducted in accordance with generally accepted auditing standards. Findings and recommendations will be based on factual and objective analysis.
The audit process will commence on [Start Date] and conclude with a final report by [End Date]. Interim reports will be provided as per agreed milestones.
All financial information and findings will be treated confidentially and will not be disclosed to third parties without explicit consent.
3. REPORTING AND COMMUNICATION
Regular updates will be provided every [Time Period] or at critical stages of the audit process.
[Auditor's Name] will be the primary point of contact for [Your Company Name].
[Your Company's Contact Person] will represent [Your Company Name] in all communications.
4. DISPUTE RESOLUTION
Any disputes arising from this SLA will first be attempted to be resolved through direct negotiation.
If unresolved, disputes will be escalated to senior management or legal arbitration, as necessary.
5. TERMS AND TERMINATION
This SLA is effective from [Start Date] and will remain in effect until [End Date] unless terminated earlier as per the provisions below.
Either party may terminate this SLA with a [Notice Period, e.g., 30 days] written notice.
Termination can occur in cases of significant breach of SLA terms, subject to a remediation period of [Remediation Period].
IN WITNESS WHEREOF, the parties have executed this Service Level Agreement as of the date first written above. This SLA may be renewed or modified by mutual agreement in writing by both parties.
Signatures:
For [Your Company Name]:
[Signature]
[Name, Title]
Date: [MM-DD-YYYY]
For [Audit Service Provider]:
[Signature]
[Name, Title]
Date: [MM-DD-YYYY]
