GUHG Internal Audit Services

Tender description

Grand Union Housing Group (GUHG) is looking to appoint a single organisation to act as its internal auditor in compliance with its corporate governance requirements. The internal auditor will report to GUHG's Audit & Risk Committee and will work closely with its Executive Management Team. Lot 1: The main activities to be undertaken by the appointed internal auditor are as follows: • review the effectiveness and efficiency of accounting systems and internal controls. • review the effectiveness and efficiency of non-financial systems and controls. • review the effectiveness and efficiency of processes by which risks are identified, analysed and managed. • review the reliability and integrity of corporate management information. • undertake routine financial performance reviews. • recommend operating improvements to ensure greater value for money • develop an annual work programme in conjunction with the Audit & Risk Committee. • carry out special reviews as required. • present reports and meet with the Audit & Risk Committee on a routine basis as agreed. The above list is not necessarily exhaustive. The contracting authority may also be required to provide ad-hoc tax and VAT advice. It is envisaged that services required will entail circa 40 / 50 days per annum, and be of an estimated annual value of circa £60,000 - £80,000 (excluding VAT). The duration and values stated are estimates only, based upon previous years' experience.