External audit services to provide independent, third-party assessment of Cairn Housing Association’s and Pentland Community Enterprise’s financial statements and internal controls to ensure:
-Financial statements are prepared according to applicable accounting standards
-Financial controls are sufficiently robust to prevent errors and detect fraud
-Financial data is accurate and reliable
-External audit reports provide a "true and fair" view of the Association's financial performance, including recommendations for improvements to systems, processes, internal controls, reporting procedures and / or data analysis techniques
-External audit reports presented to the Board and Housing Regulator provide an independent assessment of the Association’s financial statements and internal controls