ID 4771087 - DoF - NIAO - Provision of External Audit Services

Complete

Value

£150,000

Classifications

  • Auditing services
  • Internal audit services
  • Accounting, auditing and fiscal services
  • Accounting and auditing services
  • Statutory audit services

Tags

  • tender

Submission Deadline

2 years ago

Published

2 years ago

Description

The Client is seeking to appoint a Contractor to provide an external audit service for the NIAO. The Contract shall cover the audit of the 2023-24, 2024-25 and 2025-26 Resource Accounts, with the option of extending annually to cover the 2026-27 and 2027-28 accounts. The Contract will also cover examinations of the economy, efficiency and effectiveness of the use of resources by NIAO in the same periods where required.

Similar Contracts

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Endowment Fund & Patients Private Funds Audit

NHS Greater Glasgow and Clyde Healthcare Charity (formally known as the NHSGGC Endowment Fund) is a charity registered with OSCR (SC005895) comprising in excess of 1700 restricted/unrestricted individual funds for the benefit of patients and staff. Charitable Endowment Funds: Endowment funds are defined as money or property donated to the Health Board and held in trust for such purposes relating to services provided under the National Health Service (Scotland) Act 1978 or in relation to hospitals, or to the functions of the Board with respect to research, as the Board may think fit. Funds are used for equipment, patients’ comforts and amenities, research, and training together with the provision of extra facilities and opportunities not available from government funding. The Boards Endowment Fund had total net assets of GBP103.6m as of 31st March 2025 and expenditure amounted to GBP14.1m. Patients Private Funds: NHSGGC administers GBP2.5 million Patients’ Private Funds (PPF) on behalf of around 500 of its patients. Many of these patients are incapable of managing their own affairs, and are covered by the Adults with Incapacity (Scotland) Act 2000, but others choose to use the service voluntarily because of the convenience, or because infirmity or frailness makes the use of normal banking arrangements impractical. The Board is responsible for ensuring proper accounting records are maintained, which disclose with reasonable accuracy at any time the financial position of the PPF and for safeguarding the assets held on behalf of the patients, including taking reasonable steps for the prevention and detection of fraud and other irregularities. Both the Charitable Endowment Funds and the PPF are required to be independently audited in accordance with approved auditing standards. Consequently NHSGGC is required to conduct a regulated procurement exercise to appoint a regulated independent auditor that will provide this service.

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