Internal Audit Services - July 22, 2019
See Bid/RFP documents for additional submission details.
OVERVIEW OF PROJECT The City of Santa Fe is soliciting request for proposals to provide professional services related to internal audit services. SERVICE PROVIDER'S ROLE The selected service provider shall provide the following scope of services: I. General Requirements The successful Provider will provide the City with an independent Internal Audit. The Provider shall be a Certified Internal Auditor. Providers shall comply with Generally Accepted Auditing Standards ("GAAS") as set forth by the Standards for Financial Audits set forth in the U.S. General Accounting Office's Government Auditing Standards and the provisions of U.S. Office of Management and Budget (OMB) Circular A-128 Audits of State and Local Governments. Services provided will not be for operational or business efficiency assessments, but for an Internal Audit for the adequacy and effectiveness of system or manual internal controls for accounting through the five primary methods of testing controls within an organization for the purpose of evaluating the effectiveness of proper design and implementation to prevent or detect material misstatement. The five primary methods of testing will include inquiry, observation, examination or inspection of evidence, re-performance, and computer assisted audit technique (CAAT).