Homes In Sedgemoor Tender for External Auditors

Homes in Sedgemoor is inviting tenders for the appointment of external auditors. Homes in Sedgemoor expects our external auditors to deliver the following: • An audit to be carried out in accordance with legislative requirements set out in The Companies Act and within appropriate Accounting and Auditing Standards; • The audit is to include such examination of the accounts, statements, underlying records and control systems as is necessary to reach an opinion of the financial statements; • To liaise with HiS internal auditors as necessary as part of the overall assurance arrangements • Meet with the Audit & Risk Committee once a year without the Executive Team present to discuss the external audit work and any issues arising from it • Potentially attend other Audit and Committee meetings (maximum of 4 per year) in addition to the meeting to which the Financial Statements are presented • Prepare the financial statements for Homes In Sedgemoor on receipt of a trial balance and supporting documentation. • The external auditor should report on significant weaknesses in a Key Issues Memorandum (Management Letter), and review the company's internal financial controls; • • The external auditor will be required to attend the Audit and Risk Committee to discuss and provide comment on the Financial Statements; • The external auditor may be required to attend the Board Annual General Meeting to discuss and provide comment on the Financial Statements; • To provide an audit plan in advance, on an annual basis, detailing proposed dates, staffing, materiality and charge. • Accountability to both Homes in Sedgemoor's Audit and Risk Committee and Board; • To prepare annual corporation tax returns and relevant disclosure notes; Further details may be found on www.supplyingthesouthwest.org.uk where a tender pack can be downloaded and a response submitted by the deadline.