Internal Audit Services

Summary and scope

The following objectives are considered critical to the success of this contract – Completion of the Three Year Internal Audit Plan, which comprises 4 Audits (sometimes known as Reviews) per annum as shown in Section 11. Preparation of an annual Internal Audit Plan. Preparation of Terms of Reference (also known as a Memorandum of Audit Planning) for each Audit. Organisation of and Completion of field visits including review of documentation and interview of key Staff. Completion of concise draft and final reports including practical recommendations. Attendance and participation at Audit & Risk Committee meetings including presentation of final reports. Macedon Ranges Shire Council Page 45 Provision of quarterly reports to the Audit & Risk Committee on relevant Local Government and broader Governance sector events. Cooperation and consultation with the Audit & Risk Committee, Chief Executive Officer and appropriate Directors.