TENDER SPECIFICATIONS FOR AUDITING SERVICES.
Daisyhouse Housing Association seeks submissions from interested
parties for the provision of audit services in respect of our company
(Limited by Guarantee).
INTRODUCTION
The Board of Directors is required to seek the appointment of a
suitably qualified person to act as its auditor.
COMPANY BACKGROUND
Daisyhouse Housing Association provides supported temporary
accommodation to individuals who are homeless and in recovery from
substance misuse for a period of up to eighteen months. We provide a
comprehensive personal support programme through the provision of key
working and case management whilst working closely with external
stakeholders.
It is a registered charity and has three main income streams
* HSE- Social Inclusion Fund
* Income from fundraising and donations including philanthropic
organisations
* Rental income from properties
It has a current total of 4.5 whole time staff members
COMPANY STRUCTURE
The company is managed by a Voluntary Board of Directors and the CEO
reports to the board.
The company is part funded by Government appointed agencies
* Health Service Executive
ACCOUNTING SYSTEMS
The organisation uses the SAGE accounting system for its daily
accounting needs and currently payroll is outsourced.
Microsoft Excel is also used in the preparation of monthly management
accounts.
OBJECTIVES OF TENDER
* The Audit of the Directors (Trustees) Report and Financial
Statements in accordance with Charities SORP requirements, Company and
Charity Law, Current Accounting and Auditing Standards, Department of
Public Expenditure and Reform Circulars, the HSE and other funder
requirements
* Preparation of Independent Audit Report
* Preparation of the Financial Statements i.e. balance sheet and
profit and loss.
* The Auditors will be expected to present their Audit Report and
Management Letter to the Board of Directors
* Filing of B**Apply on the website** and B1 CRO returns
* The Auditors will be expected to report to statutory funders if
and when required
* The Auditors will be expected to make themselves available to the
staff, management and/or Directors of Daisyhouse Housing Association
for advice and information from time to time
* The Auditors should ideally have expertise and experience in
auditing and providing professional advice to the non-profit/charities
sector
* The Auditors should be familiar with the tax implications as a
registered charity and be able to give advice on same.
* Completion of any additional financial reports as required by
funders e.g. AMFR
QUALIFICATIONS OF AUDITORS
Applicants must be qualified to carry out audits in the Republic of
Ireland and a knowledge of the government funded services is a
requirement.
ENGAGEMENT OF THE AUDITOR
The auditor will be appointed on an annual basis commencing with the
audit for the year ended **Apply on the website** December **Apply on
the website** for a three-year period
The renewal of the contract will be reviewed by the Board of
Daisyhouse Housing Association and its decision ratified by the Board
at the Annual General Meeting each year.
DUTIES OF THE AUDITOR
The auditor shall provide the auditing services and carry out such
services with all reasonable skill and care.
The auditor has discretion as to the manner in which the auditing
services are to be performed but shall have regard to:
* auditing practice and International Standards on Auditing as issued
from time to time by the Auditing Practices Board
* the rules governing Charitable organisations in Ireland including
SORP and
* the auditor shall ensure that all relevant deadlines are met to
enable the audited financial statements to be available within the
specified statutory time.
The letter of engagement of the auditor will have these specific
clauses:
* A reconciliation between the annual financial statements and the
cumulative expenditure returns submitted to the HSE
* An all-inclusive audit fee agreed in writing at the commencement
of each audit
* The audit must be completed by the **Apply on the website**th May
each year so as to comply with HSE requirements
* The auditor must issue a management letter after each statutory
audit. If no issues are highlighted during the statutory audit, this
should be stated in the management letter.
FEES
The fees quoted in the tender should be for the three-year period
annualised and should be quoted inclusive of VAT.
INSTRUCTIONS TO TENDERERS
The following information should be included in tender documents
presented.
_PRINCIPALS_
* Name(s) of Principal(s) involved in the audit
* Business address
* Period as a Principal
* Qualifications
* Experience in respect of Not for Profit Organisation audits
The tender should also include:
* Professional Indemnity Insurance
* Tax Clearance Certification
* Applicants should provide a statement that their PII complies with
at least the minimum required by the Institute of Chartered
Accountants in Ireland and that they will maintain such insurance at
that level for the term of the engagement.
TENDERS MUST BE SUBMITTED TO:
The CEO,
Daisyhouse Housing Association,
6 Emor Street,
Portobello,
Dublin 8
Or to **Apply on the website**
ALL TENDERS MUST BE RECEIVED BY 5.**APPLY ON THE WEBSITE** P.M. ON
FRIDAY **APPLY ON THE WEBSITE**TH May **Apply on the website**.
No late tenders will be accepted.
We need : English (Good)
Type: Permanent
Payment:
Category: Others
