Internal Auditing Services

The Vendor is required to provide internal auditing services for include:
• Develop an internal audit plan for the fiscal year(s) ending may 31, in coordination with the chief executive officer and chief financial officer.
• This plan should include:
• Operational audits
• Financial audits
• Support for the annual external audit
• Organization-wide risk assessment
• Internal audit reports will be delivered by the selected firm to senior management and to the board.
• Presentation of audit reports at audit committee meetings may be requested.
- External audit calendar
• Attendance at audit committee meeting
• Start conference with CFO
• Interim work
• Progress conference with CFO
• Distribution of client assist work list
• Field work
• Draft reports
• Exit conference with CFO/CEO
• Audit committee meeting
• Final reports issued.