Published date: 3 March 2023

Closed opportunity - This means that the contract is currently closed. The buying department may be considering suppliers that have already applied, or no suitable offers were made.


Closing: 31 March 2023, 12pm

Contract summary

Industry

  • Auditing services - 79212000

Location of contract

TA6 3AR

Value of contract

£50,000

Procurement reference

SOMRTD001-DN659192-78333402

Published date

3 March 2023

Closing date

31 March 2023

Closing time

12pm

Contract start date

1 September 2023

Contract end date

31 August 2026

Contract type

Service contract

Procedure type

Not applicable

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

Yes

Description

Homes in Sedgemoor is inviting tenders for the appointment of external auditors.

Homes in Sedgemoor expects our external auditors to deliver the following:

• An audit to be carried out in accordance with legislative requirements set out in The Companies Act and within appropriate Accounting and Auditing Standards;
• The audit is to include such examination of the accounts, statements, underlying records and control systems as is necessary to reach an opinion of the financial statements;
• To liaise with HiS internal auditors as necessary as part of the overall assurance arrangements
• Meet with the Audit & Risk Committee once a year without the Executive Team present to discuss the external audit work and any issues arising from it
• Potentially attend other Audit and Committee meetings (maximum of 4 per year) in addition to the meeting to which the Financial Statements are presented
• Prepare the financial statements for Homes In Sedgemoor on receipt of a trial balance and supporting documentation.
• The external auditor should report on significant weaknesses in a Key Issues Memorandum (Management Letter), and review the company's internal financial controls;
•

• The external auditor will be required to attend the Audit and Risk Committee to discuss and provide comment on the Financial Statements;
• The external auditor may be required to attend the Board Annual General Meeting to discuss and provide comment on the Financial Statements;

• To provide an audit plan in advance, on an annual basis, detailing proposed dates, staffing, materiality and charge.

• Accountability to both Homes in Sedgemoor's Audit and Risk Committee and Board;

• To prepare annual corporation tax returns and relevant disclosure notes;

Further details may be found on www.supplyingthesouthwest.org.uk where a tender pack can be downloaded and a response submitted by the deadline.

More information

Links

About the buyer

Contact name

Jo Hutchins

Address

Bridgwater House
BRIDGWATER
TA6 3AR
England

Telephone

+44 0

Email

joanna.hutchins@sedgemoor.gov.uk

Website

https://www.supplyingthesouthwest.org.uk