Audit firm

Audit Firm means an audit firm performing or having at any time performed audit and other services for SIHNV, SIHPL, any other current, and former Steinhoff Group Company or related entities, and any external valuation professional and any third parties that undertook a materially similar role as well as any other audit firm which is a member of the same network of firms, including but not limited to the Deloitte Firms and Deloitte Touche Tohmatsu Limited and any other firm which is a member or affiliate of the Deloitte Touche Tohmatsu Limited network of firms, and any of their current and former partners, principals, shareholders, auditors, directors (managing or supervisory), officers, employees, direct or indirect holding company (or companies), affiliates and direct or indirect Subsidiaries, successors and assigns[Law Insider]. Audit Firm means a legal person or any other entity, regardless of its legal form, that is approved by this Directive by the competent authorities of a Member State to carry out statutory audits; A company that reviews activities to identify inefficiencies, reduce costs, and otherwise achieve organizational objectives. Auditing firms may investigate potential theft or fraud and ensure compliance with applicable regulations and policies. They also help to ensure the accuracy of reports. Audits are an essential part of a company's efficiency. See also: Internal auditor, External auditor[TheFreeDictionary.com].

Sources:

Audit Firm Definition: 212 Samples. Law Insider. Retrieved from: https://www.lawinsider.com/dictionary/audit-firm

Auditing Firm. TheFreeDictionary.com. Retrieved from: https://financial-dictionary.thefreedictionary.com/Auditing+Firm