Formal written price quotations are hereby invited for the following: Services needed of an accredited organization to perform the internal audit: external assessment. Specifications: - Review of the implementation of the International Standards for the Professional Practice of Internal Auditing (ISA) including the existence of a quality assurance process and the provision of consulting services; - Assess the efficiency and effectiveness of the Internal Audit Activity in light of: - Its charter; - Expectations of the Audit Committee, Senior Management, and the Chief Audit Executive (CAE), and - Its current needs, exposures to performing at less than an effective level, and the future direction and strategic objectives of the Municipality; - Identify opportunities and offer ideas to the CAE and Internal Audit staff for improving their performance. By implementing selected "successful practices," the activity can add value to Senior Management and the Audit Committee and promote the image and credibility of the activity within the Municipality; - Review the Internal Audit Activity’s involvement in the enterprise risk assessment process and preparation of the audit schedule. This would include assessing annual and long-range audit plans to see whether audit areas represent current and future business plans, strategy, exposures, and operations; - Evaluate the organizational structure and approach used in auditing to determine whether resources are adequate to ensure proper audit coverage in all phases of the business. This will also include the information technology audit function. Further, comment on the background, mix and experience of staff, training scheduled and received and certifications; - Determine the perception of Internal Auditing through interviews and surveys with Senior Management and Internal Audit clients. To provide insights into the Municipality’s Internal Audit Activity level of satisfaction with Internal Audit services, along with appropriate suggested changes; - Examine internal auditing techniques and methodology for testing systems of control; - Identify ways to enhance policies and practices, as well as coordination with External Auditors; and - Provide an opinion as to whether the internal audit activity complies with the Institute of Internal Auditors’ International Standards for the Professional Practice of Internal Auditing and its Code of Ethics; Provide a detailed report outlining: - The Municipality’s conformance to the International Professional Practices Framework (IPPF); - Areas for improvement both on a conformance level, governance level and a performance level; - Recommendations of application of "leading practices"; - Working paper file; and - Daily feedback on the progress of the QAR. (投標 №100281447cn)