Deadline approaching for nomination of candidates for the position of External Auditor of the IOPC Funds
The term of office of the present External Auditor of the IOPC Funds, the Comptroller & Auditor General of the United Kingdom, as head of the National Audit Office, expires at the end of 2014. It is therefore necessary for the governing bodies to appoint a new External Auditor at their October 2014 sessions to fill the vacant position and to audit the Financial Statements from 1 January 2015. The External Audit appointment is for a period of four years and may be renewed. The Financial Regulations of the IOPC Funds require that the External Auditor shall be the Auditor-General (or officer holding the equivalent title) of a Member State. A tender brief is available here.
The deadline for the submission of nominations by 1992 Fund Member States to the IOPC Funds’ Secretariat is 31 January 2014 and resulting tenders should be submitted no later than Friday 14 March 2014.
Further details can be found in Circular: IOPC/2013/Circ.4