Awarded

Internal Audit Service (2024-2027)

Descriptions

We are keen to invite proposals from firms with a strong track record who can demonstrate a clear understanding of the RSL sector, business and needs together with the knowledge and experience to support and assist us in delivering our commitments and objectives -The internal auditor will be responsible for conducting an independent appraisal and giving assurance to the Audit, Performance & Risk Sub Committee on internal control arrangements. The Audit, Performance & Risk Sub Committee will report directly to AHA’s Board. -The internal audit plan is expected to follow a risk-based approach. In addition, regulatory expectations around Internal Audit set out by the Scottish Housing Regulator in Regulation of Social Housing in Scotland: Our Framework, and specifically Regulatory Standards 4.3 and 4.5 are expected to be addressed within the plan. -Evaluate the operational effectiveness of and staff compliance with the key controls in the Association’s core business. -The internal auditor will be expected to agree a three year audit programme, so that the main aspects of operations are assessed at least once during the 3 year contract. -Complete an annual follow up audit to ensure recommendations from previous audits have been implemented. -The auditors should ensure that audits are staffed with suitably qualified and experienced personnel and that work is properly planned, controlled and reviewed. -Liaison and coordination with Ardenglen’s external auditors to ensure full exchange of information.