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1. Introduction: The Arts University Bournemouth (“AUB” or “the University”) wishes to appoint an external auditor to undertake the annual audit of the University and its subsidiary companies. This tender invites proposals from suitably qualified and independent firms to provide a comprehensive external audit service in accordance with current regulatory requirements and best practice in higher education. The audit will cover the University’s consolidated financial statements and those o f each subsidiary entity and will include a separate regularity opinion and other audit-related reports as required. 2. The client: AUB is a specialist university providing education in art, design, media and performance. It is a higher education corporation and an exempt charity regulated by the Office for Students (OfS). The University operates from its campus in Poole, Dorset and serves a community of undergraduate, postgraduate and research students. AUB has a number of subsidiary companies, currently including AUB Services Ltd (which is dormant and holds property assets) and AUB Enterprises Ltd, which operates the University’s innovation and business‑incubation facilities. In addition, the
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