Notice inviting quotation for Internal Auditor.
Dated on: 05/10/15
Sealed EOI are invited in two bid system for engaging Chartered/Cost Accountant firms for Internal Audit of the Bhairab Ganguly College, initially for one year with provision of annual renewal, subject to satisfactory performance and approval of the competent authority.
Scope of the Internal Audit of Bhairab Ganguly College :
Internal audit of books of accounts and ancillary records and submission of report on quarterly basis.
Report risk management issue and internal control deficiencies identified and provide recommendation for improving Institute’s operation.
Review of the compliance program and recommendation on further improvement.
Recommendation for more effective and efficient use of resources.
Engage in continuous education, training and staff development.
Preparation of schedules, receipt and Payment a/c, income and expenditure statement and balance sheet as per prescribed format.
Review and verify the provisions of accrued expenditure and income as at the end of the year.
Verification and checking of financial transactions from cash book/bank book and other ancillary record maintained by the Institute.
Review of bank reconciliation statements
Review of outstanding balances in student’s fees receivable and creditors account and to check the reconciliation of students’ fees.
Review and checking of the Grants received and its utilization as per the terms and conditions.
Review of additions to fixed assets, fixed assets register and system of physical Verification.
Review and checking Tuition and other fees received by the institution from the students.
Review the system of purchase of fixed assets, consumables and stationary items of the institution and verily the transactions of purchase with supporting records, quotations etc.
Review the accounting and physical verification of stationery items and other inventories.
Review the record system of attendance, preparation of payroll, term and condition of appointment letter.
Review the record/system of bill payment to various contractors and also to review the compliance on them with term of contract with BGC.
Suggestion of improvement of the existing system of accounting/internal control and management information system from time to time.
- Terms & Conditions:
Sealed quotation should reach on or before 15.10.2015 by 3.00 pm.
- The rates quoted should be as per our specification including VAT and of all taxes.
- The authority reserves the right to cancel any or all the quotations without assigning any reasons thereof.
- The quotation shall be valid for three months from the date of opening.
- The terms & conditions and taxes etc. should be clearly mentioned in the quotation.
- Over writing and corrections, if any should be attested.
- Typographical & clerical error is subject to correction.
Dr. M. Ray
Bhairab Ganguly College,
2, M.M.Feeder Road, Belgharia
Kolkata – 700056