CA12787 - UNI0823 | Provision of Internal and External Audit Services, Harper Adams University

This document provides a specification for the provision of internal audit and external audit services with corporate tax advice to Harper Adams University Group and the separate independent charity (quasi subsidiary) Harper Adams Development Trust.

Includes Lots: Lot 1: LOT 1: INTERNAL AUDIT SERVICES Lot 2: LOT 2: EXTERNAL AUDIT SERVICES & CORPORATE TAX

To access this competition:

Registered: Login to https://suppliers.multiquote.com and view the opportunity CA12787.

Not registered: Visit https://suppliers.multiquote.com then register and quote CA12787 as the reason for registration.

Any queries please contact MultiQuote on 0151 482 9230.

The successful tenderer providing services to Universiy must be aware of and apply appropriate External Audit Standards including those set out by:

• International Standards on Auditing (ISA);
• The Financial Reporting Council (FRC);
• Company Law and relevant Statements of Recommended Practice (SORP);

The services will cover the following areas:

• The audit and certification of the University and Group Financial Statements;
• The audit and certification of the University Subsidiary and quasi-Subsidiary Financial Statements;
• Attendance as required at Audit Committee meetings currently 4 per year;
• Presentation of reports, together with reports to management, to the Audit Committee and when required the Main Board/Board of Governors. Reports to management are expected to cover any major issues while a supplementary report may also be prepared to cover procedural and minor matters;
• The Annual Report is normally reviewed by the Audit and Risk Management Committee during October/November and approved by the Board of Governors by 1 December each year for submission to OfS as part of the Annual Assurance Return to OfS;
• Provide advice on the adherence to Accounting Standards, Financial Reporting Standards and Audit Standards as they apply to the University;
• Provide an opinion, where required, to be included in the independent auditor’s report to University Board regarding the University various funding streams and their use (including but not limited to funds received from the Government and other funding streams). The wording of this opinion will meet any requirements of Financial Memoranda or contracts;
• To include pensions testing in respect of LGPS scheme;
• To included corporate tax compliance services to the University Group;
• Liaison as required with Funding Councils/funders; and
• Liaison as required with Authority Internal Auditors.

The successful tenderer will be required to provide the University with an Audit Plan prior to commencement of the services required and will be required to present the Audit Plan to the University’s Audit and Risk Management Committee.