The Australian National Audit Office (ANAO) provides independent assessment of public sector organisations to ensure public accountability. They follow auditing standards as set out by the Auditor General and have the Parliament as their principal client. From time to time they call upon additional auditors to undertake specific audits of financial statements. This week the ANAO has released three such Requests for Tender (RFT), seeking to undertake the financial statement audits of Clean Energy Finance Corporation, Moorebank Intermodal Company Limited and the Torres Strait Regional Authority. These RFTs close 31 Oct, 1 Nov and 2 Nov respectively.
To participate you must be a registered company auditor before your tender will be considered and ideally have an understanding of the Commonwealth public sector and the role of the Auditor-General. Audits will cover financial statements for 2019, 2020, 2021 with the option to extend for a further three year period. Of importance to the evaluators will be a company’s information security measures to insure confidentiality of information.
Also in the auditing space, the Office of the Commonwealth Ombudsman is seeking Internal Audit and Advisory Services under a contract that will run initially for two years with the option for extension. The expectation is that the successful tenderer will be required to undertake four internal audits each year as well as attend quarterly Audit Committee meetings by the supplier. In addition to internal audits the successful tenderer will also be required to provide progress reports, provide advice on probity and risk management, undertake fieldwork, and prepare strategic multiyear audit work programs. This RFT closes 9 November 2018.