CSP 4891 FR - CIE audit services 2013 - 2016

Iarnrod Eireann-Irish Rail

CIE has a requirement for the provision of Audit Services.
CIÉ is a statutory body set up under the Transport Act 1950.
Subsidiary companies (all wholly owned):
Iarnród Éireann – Irish Rail,
Bus Éireann – Irish Bus,
Bus Átha Cliath – Dublin Bus Public bus passenger service,
CIÉ Tours International.
1. CIÉ's principal Statutory Audit requirements are:-
(a) timely assurance on the financial statements of the
Holding company and its subsidiaries through the audit
opinion expressed on those statements;
(b) assurance on the adequacy of internal controls applied
throughout the Group; and
(c) constructive comments and pragmatic advice on the
operation of the business based on information gathered
in the course of the audit, and experience of best business
practice.
2. Having regard to the nature of CIÉ's business the auditor
will be required to:-
(a) develop and maintain a detailed understanding of the
transportation business, of CIÉ's operating environment,
and of its complex accounting and control systems;
(b) apply sophisticated audit techniques which take
cognisance of the accounting and control systems which
have been established and provide assurance that they
continue to operate as intended;
(c) use advanced computer auditing techniques to ensure
that the audit effort is both effective and efficient; and
(d) liaise with the CIE Group's Internal Audit function.
3. Taxation requirements
(a) advise on all areas of taxation including but not
limited to Corporation Tax, VAT, PAYE, PRSI, Excise Tax
and Duties.
(b) Prepare the required taxation returns for the
Revenue commissioners.
(c) Liaise and advise in relation to the Large case
division.
10. Accounting requirements
(a) will tend to be special one off projects as the
need arises.
11. Consultancy requirements
(a) will tend to be special one off projects as the
need arises.
12. Pension funds annual audit.
CIE reserve the right to award to more than 1 company.

Deadline
The time limit for receipt of tenders was 2013-06-10. The procurement was published on 2013-05-10.

Who?

• • Iarnrod Eireann-Irish Rail

What?

• • Auditing services › Financial auditing services
• • Auditing services › Statutory audit services