Internal Audit Services

Descriptions

Provision of internal audit services to Audit Scotland Audit Scotland wishes to appoint a provider of internal audit services to Audit Scotland’s Audit Committee for a three-year period. Audit Scotland conducts its business with propriety, openness and accountability. The use of independent external agents to carry out the internal audit function and support to the Audit Committee and Board contributes significantly to Audit Scotland’s corporate governance. 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 Public Sector Internal Audit Standards (PSIAS). The successful provider will be required to prepare an audit needs assessment covering the three-year period, conduct around seven internal audits and a follow-up review each year and prepare an annual report and statement of assurance to the Audit Committee each year. This work amounts to about 56 audit days per annum. Note: Audit Scotland, on behalf of the Auditor General and the Accounts Commission, has commenced a tendering process for the external audit appointments for public bodies in Scotland for the period 2022/23 to 2027/28. 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 from 2022/23 to 2026/27.