APPOINTMENT OF ACCOUNTANCY AND EXTERNAL AUDIT SERVICES

The Appoint for Accountancy and External Audit Services are divided into two lots. Potential suppliers are invited to tender for one or either of the two lots. It must, however, be noted that in order to maintain audit independence, the two lots will be awarded to two separate companies.

The lots are as follows:

Lot 1- Acting as External Auditors for the Subsidiary Companies and Trusts

In accordance with the relevant statutory provisions, accounting requirements and auditing standards, the External Auditors will be required to give their opinion on the Financial Statements of the National Museum’s subsidiaries and trusts (where appropriate) at the end of each accounting period, and will deliver audit services, including:

The planning, management and execution of the annual external audit for the National Museum’s subsidiaries and relevant trusts

Reporting on external audit progress to Management and the Audit Committee, including attendance at Audit Committee meetings as appropriate

Provision of ad hoc advisory work to the National Museum on technical accounting, internal control, financial matters and current issues affecting charities

Lot 2- Statutory Accounts Preparation

Preparation of the statutory financial statements for the subsidiary companies and trusts and for the parent company and consolidated Group

The collation, validation, consolidation, accounting and production of the financial statements for all eligible entities within the National Museum Group.

Provision of associated ad hoc technical accounting advice and support

Full information can be found within the ITT Documentation found on Contracts Finder link;

https://www.contractsfinder.service.gov.uk/Notice/9c0c3158-dd78-4050-923c-615fb15b6c35