Audit and Financial Advisory Services (CUA AFA2018) ?· For audit services (other than for forensics…

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  • Contract Number: CUA AFA2018

    Last Updated: 28 May 2019

    Document number: 02877255

    Audit and Financial Advisory Services (CUA AFA2018)

    1 July 2018 to 30 June 2021 (Plus two 12 months extension options)

     About the contract

     How do I use this contract?

     What’s on offer?

     Who are the contractors?

     Buying rules

     Need more information?

  • Buyers Guide – CUA AFA2018: Audit and Financial Advisory Services

    Department of Finance Page 2 of 45

    About the Contract Contract Number CUA AFA2018

    Contract Term 1 July 2018 to 30 June 2021 (plus two 12 month extension options)

    Status In accordance with State Supply Commission policy, agencies can buy outside of this CUA and directly source from an Australian Disability Enterprise (ADE) or Aboriginal Business in full.

    For more information and to connect with an ADE or Aboriginal Business, please see the following links.

    Australian Disability Enterprise

    Aboriginal Business

    Categories A. Audit Services

    B. Forensic Audit Services

    C. Probity Services

    D. Risk Advisory Services

    E. Financial, Accounting and Taxation Advisory Services

    F. Procurement Advisory Services

    G. Financial Assessment Services

    H. Program Reviews (non-mandatory)

    Buying Rules Purchase direct for work assignments up to $250,000 inc GST. Obtain 2 or more written quotes for work valued above $250,000 inc GST.

    Key Features and Benefits

    CUA AFA2018 provides Buyers with a choice of services and contractors.

    Contractors have quoted maximum hourly rates, which Buyers can reduce upon negotiation.


    Services offered by the Western Australian Treasury Corporation (WATC) do not form part of this CUA; this means that Public Authorities can elect to engage the WATC to assist with their requirements.

    Special Requirements

    Please ensure compliance with the Premier’s Circular 2016/02 regarding Contracts for Professional Services.

  • Buyers Guide – CUA AFA2018: Audit and Financial Advisory Services

    Department of Finance Page 3 of 45

    Contract Manager

    A dedicated contract manager is available to help you to understand and get the most out of this CUA. If you have any queries about CUA AFA2018 or this guide, please contact:

    Vanessa Stickells - Contract Manager

    Phone: (08) 6551 1593


    Supporting Documents The following contract documents and other relevant information can be sourced from Contracts WA:

     Contractor Price Guide

     Contractor Profiles:

    o Category A. Audit Service

    o Category B. Forensic Audit Services

    o Category C. Probity Services

    o Category D. Risk Advisory Services

    o Category E. Financial, Accounting and Taxation Advisory Services

    o Category F. Procurement Advisory Services

    o Category G. Financial Assessment Services

    o Category H. Program Reviews

     Customer Quote/Order Form (Part A)

     Contractor Offer Form (Part B)

     Customer Acceptance of Offer Form (Part C)

     Request and General Conditions of Contract (December 2016)

     Request and Addendums for CUA AFA2018

     Category G Specifications

  • Buyers Guide – CUA AFA2018: Audit and Financial Advisory Services

    Department of Finance Page 4 of 45

    How do I use this contract?

    Step 1 What’s on offer? Click here to find the services that best meet your needs.

    Step 2 Who are the contractors? Click here for a list of qualified contractors .

    Step 3 How much will it cost? Refer to the Contractor Price Guide to compare prices before deciding

    on which contractors to buy or seek quotes from.

    Step 4 Seek quote Email the Customer Quote/Order Form to buy directly or seek quotes

    from selected contractors.

    Step 5 Consider offers Consider Contractor’s Offer/s. This is also your opportunity to

    negotiate Contractor’s below the maximum hourly rates.

    If applicable, Customer prepares written justification as to why a particular Contractor was selected over other Contractors and make it available if required for review.

    Step 6 Buy it Email your Customer Acceptance of Offer Form to the Contractor to

    confirm your order.

    Please note that gateway reviews do not form part of this CUA. Agencies who require Gateway reviews should contact the Gateway unit at

    Further information regarding this is provided in the Frequently Asked Questions section.

  • Buyers Guide – CUA AFA2018: Audit and Financial Advisory Services

    Department of Finance Page 5 of 45

    What’s on offer?

    Category A – Audit Services For audit services (other than for forensics or probity) including internal audits, performance (operational) audits, compliance audits, financial audits, information systems audits and corporate governance reviews.

    The Institute of Internal Auditors’ Professional Practice Framework (PPF) defines Internal Audit as “an independent, objective assurance and consulting activity designed to add value and improve an organisation’s operations. It helps an organisation accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes.”

    Treasurers Instruction Part XII outlines the basic requirements for an effective internal audit function and stipulate that audit services shall be carried out in accordance with the most recent Standards for the Professional Practice of Internal Auditing issued by The Institute of Internal Auditors.

    Contractors should provide feedback and advice to the Customer and/or audit committees on Best Practice in both the public and private sectors as part of the internal audit reporting function, as this will assist enhancement of the Customer’s efficiency and/or effectiveness and its controls.

    Click here for detailed Category A Contractor Profiles.

    Category B – Forensic Audit Services For investigations through forensic accounting to prevent and resolve commercial disputes, fraud, misconduct, and breaches of rules and regulations.

    Click here for detailed Category B Contractor Profiles.

    Category C – Probity Services For independent scrutiny of a process (including activities such as outsourcing, procurement, disposal of assets) to ascertain whether procedures followed are consistent with appropriate regulation, guidelines and best practice principles of openness and transparency. Probity Advisors and Probity Auditors should address:

     Best value for money

     Impartiality

     Dealing with conflicts of interest

     Accountability and transparency

     Confidentiality.

    Probity Audits Probity Audits will examine and evaluate whether a Customer is