Auditing services

Tender description

Coventry University is inviting tenders from firms of auditors to provide us with a comprehensive external audit service for a period of 3 years with up to a maximum of 4 1-year extensions. Contract extension is subject to satisfactory contract performance reviews. The firm appointed must satisfy the criteria for eligibility as external auditors of Higher Education Institutions as set out in the Higher Education Act 2004, and in respect of any audits of registered companies to which they may be appointed, must satisfy the relevant requirements of the Companies Act 2006. Coventry University regards the following as key requirements in meeting its needs: — Maintaining a high degree of continuity of staff involved from the appointed firm as very desirable, especially senior levels i.e. the partner and manager, but also with the audit staff; — Thorough knowledge of UK Higher Education sector finance practice; — Awareness of current strategic issues and challenges that face the HE sector; — Demonstrable ability to provide global audit services.