Seeking a qualified service provider to conduct a comprehensive External Quality Assessment (EQA) of the internal audit function, adhering to the IIA 2025 Global Internal Audit Standards. The assessment aims to enhance audit effectiveness and compliance.
The George Municipality is inviting proposals from experienced service providers to undertake a Full External Quality Assessment (EQA) of its internal audit function. This assessment must align with the IIA 2025 Global Internal Audit Standards, ensuring that the internal audit processes are effective, efficient, and compliant with international best practices. The successful bidder will evaluate the current internal audit practices, identify areas for improvement, and provide actionable recommendations to enhance the overall audit function.
The scope of the EQA includes a thorough review of the internal audit charter, audit plans, and methodologies, as well as interviews with key stakeholders. The assessment should also encompass an analysis of the internal audit team's competencies and performance metrics. The outcome will not only ensure compliance with global standards but will also contribute to the municipality's commitment to transparency, accountability, and improved governance. Interested bidders must demonstrate relevant experience and a proven track record in conducting similar assessments in the public sector.
This tender is suitable for auditing firms, consultancy agencies, and professionals with expertise in internal audit quality assessments, particularly those familiar with IIA standards and public sector operations.
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