Provision of Internal Audit Services

As published

Arts University Bournemouth wishes to appoint a suitably qualified and independent provider to deliver a fully outsourced Internal Audit Service. The appointed provider will act as the University's Internal Audit function and provide independent assurance to the Board of Governors and Audit & Risk Committee regarding the adequacy and effectiveness of governance, risk management, internal control and value-for-money arrangements. The contract will include, but not be limited to: - Provision of a named Head of Internal Audit; - Development of a risk-based Internal Audit Strategy and Annual Audit Plan; - Delivery of risk-based internal audit reviews; - Reporting to the Audit & Risk Committee and Board of Governors as required; - Follow-up and monitoring of management actions; - Provision of an annual Head of Internal Audit Opinion; - Special investigations and advisory assignments where independence can be maintained; and - Coordination with External Audit and other assurance providers. The contract is expected to commence on 1 August 2027 for an initial term of three years, with the option to extend for up to two additional periods of twelve months. This procurement is being conducte...