Quotations are hereby invited for the following: Five (5) year external assessment of internal audit activity, Qty: 300. Scope: To perform an external quality assessment on the City of uMhlathuze Internal Audit activity utilising the IPPF’s Quality Assessment Manual for the Internal Audit Activity published by the Internal Audit Foundation in 2017 in order to conclude on the internal audit activity’s conformance with the Code of Ethics and The IIA’s International Standards for the Professional Practice of Internal Auditing (Standards), whether or not internal auditors apply the Code of Ethics, and to identify areas for improvement. The external assessment may include operational or strategic comments. The qualified and independent external reviewer must: - Review the implementation of the Standards including the existence of a quality assurance process and the provision of consulting services, - Assess the efficiency and effectiveness of internal audit activity considering (a) its charter, (b) expectations of the Audit Committee, executive management, and the Chief Audit Executive (CAE), and (c) its current needs, exposures to performing at less than an effective level, and the future directions and goals of the organisation. - Identify opportunities and offer ideas and counsel to the CAE and staff for improving their performance. By implementing selected “successful practices”, the activity can add value to management and the Audit Committee and promote the image and credibility of the activity within the organization, - 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 plan, 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, we will 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 relevant members, executive management and internal audit customers. - Provide insights into their level of satisfaction with internal auditing 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, - Provide an opinion as to whether the internal audit activity complies with the IIA’s International Standards for the Professional Practice of Internal Auditing and its Code of Ethics. (Offre №109449816fr)