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Expression of Interest - Details

Eoi Name:
Risk-Based Internal Auditing And Controls Review for Internal Audit Agency
Pack #:
GR/MoF/PFMRP/IAA/CS/01/2016
Post Date:
05th February, 2016
Submit Date:
04th March, 2016
Tender Cat:
Consultancy Services
Agency:
-
Industry:
General
Description:
The Ministry of Finance has received financing from the World Bank toward the cost of the Public Financial Management Reform Project, and intends to apply part of the proceeds for the following assignment:

Risk-Based Internal Auditing And Controls Review for Internal Audit Agency

For this assignment, a consulting firm will be selected using the Consultant’s Qualification Selection (CQS) Method set out in the World Bank “Consultant Guidelines”.

The overall objective of the assignment is to build capacity within the Agency and IAUs to provide assurance to government in selected areas of the public financial management system through the conduct of:
a) risk based internal audits
b) internal control evaluation

The specific objective of this assignment is to build capacity of selected staff of the Agency and Internal Audit Units in the conduct of risk based internal auditing and control review. This would be done through the development of practice guides, modular training manual, as well as training for selected staff.

The Consultant will undertake the following:
a) Develop practice guides in risk based internal auditing and control review.
b) Develop Modular Training Manual on risk based internal auditing and control review.
c) Facilitate a workshop to seek the views and input of key stakeholders to finalise these documents.
d) Use these documents to train selected staff of the Internal Audit Agency and Internal Audit Units of MDAs and MMDAs under Training of Trainers program.
e) Guide selected staff to undertake risk based internal audits and control reviews of selected government program.
f) Prepare a detailed report on the assignment

The Practice Guides and Training Manual will cover all aspects of the risk based internal auditing process as well as the process for conducting internal control evaluations. It will include planning, field work, reporting and follow ups. The Practice Guides and Manual will contain policies, audit programs, templates, questionnaires and standards that will enable the internal auditors to effectively and efficiently conduct the assignment while ensuring quality of work to enhance public confidence in internal audit practice and reports thereof.

Training (Train-the Trainer)
The training will involve a total of 50 officers drawn from the Agency and selected IAUs. The training will be a Train of Trainers on the risk based internal auditing and internal control evaluation. This is aimed at equipping the participants to undertake such audits as well as train others. The documents developed will be used for the training.

As part of the training, the consultant will assist the selected officers from the Agency and IAUs to carry out a full audit of selected activities, on a learning-by-doing basis, using the manual as guide. This is to ensure that the knowledge gained during the training session and the application of relevant legislations are being understood and applied.

The Ministry of Finance now invites eligible consulting firms (“Consultants”) and Individual Consultants where applicable, to indicate their interest in providing the Services. Interested Consultants should provide information demonstrating that they have the required qualifications and relevant experience to perform the Services. The shortlisting criteria are:

a) Curriculum Vitae of the Individual consultant where applicable
b) General Experience of Firm
c) Specific Experience of Firm in undertaking similar assignments
d) Key Staff Proposed for the assignment
Source of Funds:
-
Region:
National
District:
Not Applicable
Contact Person:
PFMRP Secretariat Ghana News Agency Building (Opposite Registrar General’s Department) Room 201 Accra
Email :
adadefc@yahoo.com, absowah@gmail.com
Tel :
0243802543, +233244612590
Fax :
Website: