Provision of Internal Audit Services
Description: Arts University Bournemouth wishes to appoint a suitably qualified and independent provider to deliver a fully outsourced Internal Audit Service. The appointed provider will act as the University's Internal Audit function and provide independent assurance to the Board of Governors and Audit & Risk Committee regarding the adequacy and effectiveness of governance, risk management, internal control and value-for-money arrangements. The contract will include, but not be limited to: * Provision of a named Head of Internal Audit; * Development of a risk-based Internal Audit Strategy and Annual Audit Plan; * Delivery of risk-based internal audit reviews; * Reporting to the Audit & Risk Committee and Board of Governors as required; * Follow-up and monitoring of management actions; * Provision of an annual Head of Internal Audit Opinion; * (read more...)
Summary: Arts University Bournemouth is procuring a fully outsourced internal audit service to act as the university’s internal audit function. The provider will give independent assurance to the Board of Governors and Audit & Risk Committee on governance, risk management, internal controls and value for money. Work includes appointing a named Head of Internal Audit, developing a risk-based strategy and annual plan, conducting audit reviews, reporting findings, tracking management actions and giving an annual Head of Internal Audit Opinion. The provider may also undertake investigations and advisory work where independence is maintained, and coordinate with external auditors and other assurance providers. Specialist support may be needed across areas including cyber security, data analytics, procurement, estates and capital projects. The buyer is Arts University Bournemouth; delivery is in the United Kingdom.