Disclaimer

1. Professional Service Limitations

AuditNova provides professional financial auditing services within the scope of Canadian auditing standards. Our services are designed to improve financial clarity and reduce business risks, but cannot guarantee specific outcomes or results.

Audit Scope Limitations

• Audits are based on information provided by clients
• Testing is performed on a sampling basis, not exhaustively
• Historical information may not predict future performance
• Some risks and issues may not be detected during audit procedures

2. No Guarantees or Warranties

AuditNova makes no guarantees, warranties, or representations regarding:

• Business success or improved financial performance
• Compliance with all applicable laws and regulations
• Detection of all errors, fraud, or irregularities
• Future financial stability or business viability
• Accuracy of client-provided information

3. Business Decision Disclaimer

Audit reports and recommendations are provided for informational purposes. Clients are solely responsible for:

• Making their own business decisions
• Seeking additional professional advice when needed
• Implementing recommendations appropriately
• Monitoring ongoing compliance and risk management

4. Limitation of Liability

AuditNova's liability is limited to the professional standards applicable to auditing services. We are not liable for:

• Indirect, consequential, or punitive damages
• Lost profits or business opportunities
• Decisions made based on audit findings
• Third-party reliance on audit reports
• Events occurring after audit completion

5. Professional Standards Compliance

Our services comply with applicable professional standards, but clients should be aware that:

• Standards and regulations may change over time
• Professional judgment is applied in audit procedures
• Different auditors may reach different conclusions
• Audit opinions are based on available evidence

6. Client Information Accuracy

AuditNova relies on information provided by clients. We disclaim responsibility for:

• Inaccurate or incomplete client information
• Concealed transactions or arrangements
• Fraudulent activities by client personnel
• Information not disclosed during audit procedures

7. Regulatory and Legal Disclaimer

While we maintain knowledge of current regulations, clients are responsible for:

• Staying current with changing laws and regulations
• Seeking specific legal advice when required
• Implementing appropriate compliance procedures
• Consulting with regulatory authorities as needed

8. Technology and Security

While we employ security measures to protect information:

• No electronic transmission is completely secure
• Technology failures may occasionally occur
• Clients should maintain their own security measures
• We recommend regular data backups and protection

9. Third-Party Reliance

Audit reports are prepared specifically for our clients. Third parties who rely on our reports do so at their own risk. We disclaim liability for:

• Third-party use of audit reports
• Reliance by parties not explicitly authorized
• Misinterpretation of audit findings
• Use of reports beyond their intended purpose

10. Changes and Updates

This disclaimer may be updated periodically. Clients will be notified of material changes, and continued use of our services constitutes acceptance of updated terms.

11. Governing Law

This disclaimer is governed by Canadian law and the laws of the applicable province. Any disputes will be resolved in accordance with Canadian legal procedures.

12. Professional Consultation

For complex financial, legal, or business matters, we recommend consulting with appropriate specialists in addition to our audit services.

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