The tender seeks qualified service providers to deliver internal audit services for a three-year period. Key requirements include proven experience in municipal audits and compliance with relevant regulations.
The Umgungundlovu Economic Development Agency is inviting bids for the provision of internal audit services over a three-year term. This engagement aims to enhance the agency's governance, risk management, and internal control processes. Bidders must demonstrate substantial experience in conducting internal audits, particularly within municipal entities, and provide evidence of compliance with the Municipal Finance Management Act (MFMA) and Generally Recognized Accounting Practice (GRAP) standards.
Successful bidders will be responsible for conducting regularity audits, compliance reviews, performance audits, and IT audits, ensuring that all operations align with legislative requirements. The scope also includes the review of annual financial statements and the preparation of detailed reports for executive management. This tender presents an opportunity for firms specializing in internal audits to contribute to the effective governance of public entities while ensuring transparency and accountability in financial management.
This tender is suitable for audit firms with experience in municipal and public sector audits, particularly those familiar with MFMA and GRAP standards. Businesses with a proven track record in risk management and compliance reviews are encouraged to apply.