Annual Year End Audit Services

FII manages approximately $22 million on behalf of the Government of British Columbia to support programs and initiatives integral to achieving objectives on behalf of the Forest Industry and the Province’s Strategic Plan.  FII is committed to ensuring that investments optimize BC’s ability to improve international competitiveness and increase the level of benefit derived from the Crown’s forest resource. 

In order to ensure full coverage of the audit, FII is seeking to select a professional audit firm to provide optimal value in carrying out the year-end audit assignments for our head office in Vancouver and using its affiliated companies, auditing its subsidiaries in China, Vietnam and India.  FII is looking for experience in conducting year-end audit including financial and operational compliance with policy and in accordance with PSAB accounting standards on the consolidated financials in Vancouver.

Key sections to consider when responding to this RFP include:

Section 2.2 RFP Service Description (pages 7-10): A summary of the services FII requires. Proponents should review this section to understand the RFP requirements and how their expertise matches the type(s) of services FII is looking for. Submissions should address these service requirements.

Section 3.7 Submission Format (page 12): Submissions should be organized in the format and sequence listed in the section.

Section 4.2 Mandatory Requirements (page 13): Proponents must meet the required criteria to receive further consideration during evaluation process. Proponents are encouraged to use the checklist provided as guidance to ensure submissions are complete.

Section 4.3 Evaluation Criteria and Scoring (page 14): Proponents should include evidence to support each of the evaluation criteria  in their submission. This includes:

Outlining Vendor Experience and Qualifications;

Providing Technology-Enabled Audit Approach and Data Governance;

Providing Availability;

Providing References; and

Listing Detailed Financial/Pricing. More information can be found in the attached RFP document and on our corporate website: www.bcfii.ca