External Audit Services

Tender description

Manchester Metropolitan University is seeking the provision of external audit services with effect from January 2016. The term of office for the current external auditors ends on completion of the audit of the 2014/15 financial statements. The contract length will be for three years with an option to extend for up to two more years. The firms participating in the tender process will be required to submit their proposals against a set of criteria. The criteria will include the following areas: • Organisation and capability – experience, scope of service, technical expertise and support, culture and independence assurance; • Audit approach and delivery – including knowledge of the sector, audit planning process, quality of accounting judgements, liaison with and reliance upon Internal Audit, timely resolution of audit issues and transition experience • Audit quality – including quality assurance, audit effectiveness, audit reporting, integrity, independence, objectivity, process improvement and added value; • Resourcing and engagement team – including quality of proposed audit team, skills and personal qualities of audit partners and leadership, team structure, and responsiveness; Fees and terms.