Audit Consulting Services

The Vendor is required to provide performance audit consulting services to support the city’s internal audit division.
- Consultant will assist the Internal Audit Division in evaluating the efficiency, effectiveness, economy, and internal controls of City programs, departments, and operations.
- The Consultant will provide independent, objective assessments designed to improve the efficiency, effectiveness, economy, and accountability of City programs, departments, and operations.
- Division conducts audits in accordance with the Institute of Internal Auditors Global Internal Audit Standards.
- Due to workload, specialized expertise needs, and the complexity of certain engagements, the City requires external professional support to supplement internal audit capacity.
- Performance Audits
• Assessment of program effectiveness in achieving intended outcomes.
• Evaluation of operational efficiency, including workflow, staffing, and resource utilization.
• Review of internal controls, including financial, operational, and compliance controls.
• Analysis of compliance with applicable laws, regulations, policies, and procedures.
• Benchmarking against peer jurisdictions, industry standards, or best practices.
• Identification of cost-saving opportunities, revenue enhancements, and process
• Improvements.
- Audit Planning & Risk Assessment
• Participate in engagement planning meetings with Internal Audit.
• Conduct preliminary research, data requests, and stakeholder interviews.
• Develop a risk assessment for each engagement.
• Prepare a detailed audit plan, including objectives, scope, methodology, audit work program, and timelines.
- Fieldwork & Analysis
• Collect and analyze quantitative and qualitative data.
• Conduct interviews, surveys, observations, and document reviews.
• Evaluate internal controls and operational processes.
• Maintain complete and organized audit workpapers that support all findings and conclusions.
• Provide bi-weekly status updates to Internal Audit, either, verbally or through reporting.
- Advisory & Technical Assistance (As Needed)
• Internal control assessments
• Policy and procedure reviews
• Organizational structure evaluations
• Data analytics support
• Follow-up reviews on prior audit recommendations.