Arts Council of Wales wishes to invite Tenders for the supply of services in respect of Internal Audit services.

1.1 Internal audit is an independent appraisal service within Arts Council of Wales which operates as a service to management by measuring and evaluating the effectiveness of the internal control system.

1.2 The principal aim of internal audit is to review and appraise the adequacy, reliability and effectiveness of our internal control system, risk management and governance.

1.3 Internal audit is required to provide:

a) assurance to the Accounting Officer (the Chief Executive) on the propriety, accountability and efficiency with which operations are carried out;

b) an independent opinion to the Accounting Officer on the adequacy and effectiveness of ACW's system of internal control;

c) support to ACW in achieving its objectives;

d) a constructive service to management, particularly in terms of advice on how to rectify shortcomings revealed by the audit. In this respect ACW is seeking recommendations which have an added value emphasis.

1.4 The Internal Audit service will take place in the offices of the Arts Council of Wales, details will be agreed upon contract award with the successful provider.

1.5 The contract is due to commence on 1.4.2017 for 3 years with an option of up to a.