PROFESSIONAL AUDIT SUPPORT SERVICES (PASS) - STREAM 8: RECIPIENT/CONTRIBUTION...

Only PASS SA Holders under E60ZQ-180001/D, Stream 8 (Recipient/Contribution Agreement Audit) are invited to compete. Innovation, Science and Economic Development Canada (ISED) requires professional assurance and audit services to support recipient audits of contribution funding agreements administered primarily by Innovation Canada, including the Strategic Response Fund and other departmental programs. These audits are conducted on a risk-based and ad hoc basis to assess recipients’ compliance with funding agreement terms and conditions. Services may include cost audits, revenue audits, compliance audits, review engagements, and specified procedures. Work may involve validating eligible expenditures, verifying reported revenues and repayment obligations, assessing internal controls, confirming performance obligations, and reviewing compliance with specific contractual and legislative requirements. These services are required when internal capacity is insufficient and may apply to a range of recipients, including not-for-profit organizations, small and medium-sized enterprises, and large Canadian or multinational corporations.