The vendor is required to provide that looking to implement a system of internal audits and risk assessments to provide recommendations for- and ensure compliance with- district policies, and to ensure compliance with state and federal laws and regulations, and USBE board rules.
- Advise the audit committee and district administration on potential changes to policy
- Work with the audit committee and district administration to establish an internal audit program
- Perform internal audit services in accordance with relevant standards
- Evaluate internal control systems, risk, and efficiency
- Submit reports to the audit committee and other relevant bodies
- Ensure that audit findings are addressed in a timely manner
- The firm’s proposed methodology for providing the requested services including:
• The firm’s ability to meet the objectives and scope of the internal audit services
• An internal audit work plan, including creation of an internal audit program, audit tests and procedures.
- Contract Period/Term: 3 years