Disclaimer

Last Updated: June 28, 2025

Important Notice: Please read this disclaimer carefully before using our services or relying on any information provided by Audivis Analytics.

1. Nature of Audit Services

Audivis Analytics provides professional audit services designed to enhance the reliability of financial information. However, you should understand the following:

Audit Limitations

• Reasonable Assurance: Audits provide reasonable, but not absolute, assurance about financial statements
• Sampling Based: Audit procedures involve sampling and therefore may not detect all errors or irregularities
• Management Responsibility: Management retains primary responsibility for financial statement preparation and internal controls
• Future Performance: Past audit results do not guarantee future financial performance or compliance

2. Professional Standards and Scope

Our audit services are performed in accordance with Canadian Auditing Standards (CAS), but certain limitations apply:

• Materiality: Audits focus on material items; immaterial errors may not be detected
• Fraud Detection: While we design procedures to detect material misstatements, audits are not specifically designed to detect fraud
• Internal Controls: We assess but do not guarantee the effectiveness of internal controls
• Legal Compliance: Audits focus on financial reporting compliance, not comprehensive legal compliance

3. Limitation of Liability

Important: Our liability is limited as follows:

• Financial Limit: Our maximum liability for any claim is limited to the fees paid for the specific engagement
• Consequential Damages: We disclaim liability for consequential, indirect, special, or punitive damages
• Time Limitation: Any claims must be brought within one year of service completion
• Third-Party Reliance: Our work is intended solely for your use and should not be relied upon by third parties

Exception: Nothing in this disclaimer limits liability for fraud, gross negligence, or willful misconduct.

4. No Guarantee of Results

While we strive for excellence in all our services, we make no guarantees regarding:

• Specific Outcomes: We cannot guarantee specific audit findings or conclusions
• Regulatory Approval: We do not guarantee acceptance by regulatory bodies or third parties
• Business Success: Our services do not guarantee business success or improved financial performance
• Error-Free Reports: While we maintain quality controls, we cannot guarantee error-free deliverables

5. Information Accuracy

Website Content

Information on our website is provided for general guidance only:

• Content may not be current or complete
• General information should not replace specific professional advice
• We update content regularly but cannot guarantee accuracy at all times
• Links to third-party sites are provided for convenience only

Professional Advice

Our communications and reports are based on:

• Information provided by you at the time of service
• Professional standards current at the time of engagement
• Our professional judgment and experience
• Specific engagement scope and limitations

6. Client Responsibilities

The effectiveness of our services depends on your cooperation and compliance with the following:

• Complete Information: You must provide complete and accurate information
• Timely Response: Respond promptly to our requests for information or clarification
• Implementation: Consider and implement our recommendations as appropriate
• Ongoing Compliance: Maintain compliance with applicable laws and regulations
• Updates: Inform us of significant changes that may affect our work

7. Regulatory and Legal Changes

Our services are based on current regulations and standards, but:

• Regulatory Changes: Laws and regulations may change after service completion
• Standard Updates: Professional standards evolve and may affect our recommendations
• Jurisdiction Differences: Requirements may vary by province or territory
• Update Responsibility: You are responsible for staying current with applicable requirements

We recommend periodic review of compliance with current requirements.

8. Technology and Security

Electronic Communications

• Email and electronic communications are not completely secure
• We cannot guarantee confidentiality of electronic transmissions
• Consider encryption for sensitive information
• Report any suspected security breaches immediately

Data Protection

• We implement reasonable security measures but cannot guarantee data security
• You retain responsibility for your data backup and security
• Cyber threats are constantly evolving and pose ongoing risks

9. Independence and Conflicts

Professional independence is essential to our services:

• Independence Requirements: We maintain independence in accordance with professional standards
• Conflict Disclosure: We disclose potential conflicts of interest
• Limitation of Services: Independence requirements may limit other services we can provide
• Ongoing Assessment: We continuously assess independence throughout engagements

10. Force Majeure

We are not liable for delays or failures in performance due to circumstances beyond our reasonable control, including:

• Natural disasters or extreme weather
• Government actions or regulatory changes
• Pandemic or health emergencies
• Technology failures or cyber attacks
• Labor strikes or disputes
• Other unforeseeable circumstances

11. Contact and Questions

If you have questions about this disclaimer or need clarification on any aspect of our services:

Professional Advice: If you need specific professional advice, please contact us to discuss your particular circumstances.