2016 C13 - Request for Expression of Interest for Internal Audit Services

City of Holdfast Bay invites Expressions of Interest from Registrants for the provision of internal audit services for a term of up to 3 years commencing 1 July 2016.

The Services are required to provide independent assurance that Council’s governance and internal controls are operating effectively. In particular, this will include using a risk-based approach to develop and implement an internal control program to:

1. provide assurance that Council’s policies, practices and procedures of internal control are effective, implemented and maintained;
2. assess the internal controls based on the criteria set out in the Better Practice Model – Financial Internal Control for South Australian Councils available at http://www.lga.sa.gov.au/webdata/resources/files/Best_Practice_Model_-_Financial_Internal_Controls_-_2012.pdf; and
3. safeguard Council’s assets and to ensure (as far as possible) the accuracy and reliability of Council’s financial records.

The Services will include providing regular reports with recommendations to the Senior Leadership Team and to Council via the Audit Committee.