Provision of Internal Audit Services

Tender description

Provision of Internal Audit Services Lot 1: The scope of internal audit work covers Audit Scotland’s entire internal control system. The audit will be split into two component parts - regularity auditing and Value for Money (VFM). Internal audit activity will comply with guidance from the Financial Reporting Council, insofar as these are applicable to Audit Scotland, and will be in accordance with the Global Internal Audit Standards (GIAS) and the related Application Note. While accepting that Audit Scotland does not expect internal auditors to give absolute assurance on areas under audit, they must exercise due professional care in carrying out their duties. Note Audit Scotland, on behalf of the Auditor General and the Accounts Commission, procures for the external audit appointments for public bodies in Scotland. It is an explicit condition of that appointment that the successful firm cannot be both an external audit appointment and an internal audit service provider to Audit Scotland for the period of this contract.