BSC 21-22-T20 - Internal Audit Function

Summary and scope

Council is seeking tenders from suitably qualified auditors to deliver its Internal Audit Function in accordance with 105 of the Local Government Act 2009: Section 105 Auditing, including internal auditing (1)Each local government must establish an efficient and effective internal audit function. (2)Each large local government must also establish an Previous audit committee. (3)A large local government is a local government that belongs to a class prescribed under a regulation. (4)An Previous audit committee is a committee that— (a)monitors and reviews— (i)the integrity of financial documents; and (ii)the internal Previous audit function; and (iii)the effectiveness and objectivity of the local government’s internal auditors; and (b)makes recommendations to the local government about any matters that the audit committee considers need action or improvement. Balonne Shire has an established Audit & Risk Committee and has had an effective internal audit function over the past 6 years. The current contract is up for renewal and is proposed for a four-year period. Balonne Shire Council has established an Evaluation Team and they will be responsible for assessing and evaluating the Tender responses to the selection criteria set out in the Schedule of Selection Criteria (Part 3). The Evaluation Team consists of Council’s Director of Finance and Corporate Services. Manager Finance Services, and Chair of the Audit and Risk Committee. Project Manager for the contract will be the Director of Finance and Corporate Services.