The primary objective of this tender is to appoint an external auditor to:
• The auditor will be expected to prepare an annual audit plan and timetable for discussion with the Executive.
• Perform statutory audits in accordance with applicable accounting and auditing standards including Statement of Recommended Practise (SORP) for Housing Associations and UK GAAP/IFRS.
• Express an independent opinion on financial statements
• To evaluate the effectiveness of internal controls relevant to financial reporting
• Identify opportunities to improve financial practices and fraud and risk management
• To give assurance to Audit and Risk Committee on the financial management of the Association.