External Audit Services

Descriptions

1. Annual audit of the financial statements for the Association in accordance with the relevant legal and regulatory requirements and United Kingdom Auditing Standards. 2. Attendance at meetings with officers to feed back on the audit process (if required). 3. Attendance at the Audit & Risk Sub Committee meetings by a senior member of your audit team to present the audit reports and discuss the key findings and any concerns that may have arisen from the annual audit. 4. Attendance at the Management Committee meetings by a senior member of your audit team to present the audit reports and discuss the key findings and any concerns that may have arisen from the annual audit. 5. Attendance at the Association’s Annual General Meeting to present the financial statements for Members’ approval. 6. Submission of a Management Letter to the Association. 7. Completion of any Corporation Tax returns (CHA has charitable status) 8. Any correspondence with Her Majesty’s Revenue and Customs regarding Corporation Tax 9. Any ad hoc financial/tax queries that may arise during the year 10. CHA is seeking a provider that is fully familiar with the operating experience and regulatory issues faced by Scottish RSLs. 11. Completed Financial Statements must be finalised and signed off timeously in order to meet the annual submission requirements to the Scottish Housing Regulator and for presentation to our Members at the Annual General Meeting.