Basic Information

Reference Number

AB-2022-04731

Issuing Organization

Alberta Public Sector

Solicitation Type

ITB - Invitation to Bid (Formal)

Solicitation Number

2022-03

Title

Workers Compensation Board - Alberta Financial Statements Audit

Source ID

APC

Agreement Types

Canadian Free Trade Agreement (CFTA)

New West Partnership Trade Agreement (NWPTA) / Trade, Investment and Labour Mobility Agreement (TILMA)

Details

Location

Alberta

Dates

Publication

2022/07/25 02:00:00 AM EDT

Closing Date

2022/08/22 04:00:00 PM EDT

Contact Information

Ketsia Ewart

780-422-6412

Description

Background
The Proponent shall assist the auditor general as his Agent in opining on the financial statements of WCB in accordance with Canadian generally accepted auditing standards. The Proponent may also be asked to assist the auditor general in reporting on other matters described in s.19 of the Auditor General Act, including non-compliance with law.

The Workers’ Compensation Board – Alberta (WCB) is a provincial board created by legislation in 1918. As a statutory corporation, WCB administers the workers’ compensation systems for the province of Alberta under the authority of the Workers’ Compensation Act. WCB’s corporate head office is located in Edmonton, Alberta, with operations exclusively within the province of Alberta. WCB’s legislated mandate is to provide disability benefits to workers who sustain injuries in the course of employment.

Key timelines
The Agent will need to be available to provide services as outlined in section 3.3 below as follows:
• Preparation and presentation of the audit plan with the Oversight Leader to the audit committee - October or November.
• Interim audit work - between October and February.
• Year-end fieldwork must be completed by mid-April .
• Audit exit conference document must be prepared for discussion with the Oversight Leader at end of March, and with WCB management in the first week of April, with the audit committee meeting taking place during the last week of April.
• Issue an Auditor’s Report to the auditor general on the date of WCB’s Board of Director’s approval of the financial statements. The auditor general will subsequently issue his Auditor’s Report to WCB along with any management letter comments typically by mid-May.
• Examination of WCB’s other information (i.e. annual report) for consistency with the audited financial statements – before the board’s approval of the financial statements, if the annual report is available, or after, if the annual report is not available, at the date of the auditor’s report.

For more information on this solicitation, please click on the following link:

http://vendor.purchasingconnection.ca/Opportunity.aspx?Guid=6b82c155-3516-df62-1374-39c2ed480000 (opens in a new window)

Disclaimer All amendments to the associated notice, including amended documents, plans and specifications (where applicable), are issued by the originator of the notice. MERX asks you to contact the buying agency directly for these amendments. MERX stipulates that potential bidders may also be required to register with the buying authority as a bidder/plan taker. The contact information can be found within the main tender document and/or on this notice abstract.