The UCI has instructed auditors KPMG to carry out a review of its governance in the wake of the Lance Armstrong scandal.

The audit was announced as cycling's world governing body revealed discussion topics for a consultation exercise titled 'A Bright Future for Cycling', which will take place early next year.

A UCI statement read: "The UCI has also engaged the international auditors KPMG to carry out a review of the governance of the UCI, as well as that of the Cycling Anti-Doping Foundation (CADF), reporting back in time for its findings to be debated in the consultation process."

The UCI and its leadership - particularly president Pat McQuaid and his predecessor Hein Verbruggen - has been heavily criticised for numerous perceived failings after the scale of doping at Armstrong's United States Postal Service team was revealed by an United States Anti-doping Agency (USADA) investigation.

"when the peloton moves forward you either keep up or get left behind" - Pat McQuaid

Armstrong, who declined to co-operate with USADA, was banned for life and stripped of all results since 1 August, 1998, including seven Tour de France titles, following a scandal which continues to send shockwaves through the sport.

Anti-doping is one of four topics for discussion in the stakeholder consultation, with globalisation, riders and the sports calendar three other topics.

Governance issues will be considered in all four areas.

The consultation will be entirely separate from the independent commission tasked to review fully all the issues contained in USADA's report on Armstrong and the US Postal squad.

McQuaid said: "We must all work together to recover from the damage which the Armstrong affair has undoubtedly done to our sport, the sport we all love and cherish.

"The world is moving forward and cycling has to keep up - as all cycling enthusiasts know, when the peloton moves forward you either keep up or get left behind."

Contador settlement

Meanwhile, the UCI has agreed a settlement with Alberto Contador following the Spaniard's positive doping test at the 2010 Tour de France.

Contador was banned for two years for testing positive for clenbuterol and the UCI had gone to the Court of Arbitration for Sport in a bid to hand down a €2.4 million fine.

However, CAS revealed today that the case had been settled amicably.

"The Court of Arbitration for Sport (CAS) has terminated the arbitration procedure between the World Anti-Doping Agency (WADA) & the Union Cycliste Internationale (UCI) and the Spanish cyclist Alberto Contador & the Spanish Cycling Federation (RFEC)," a statement read.

"Following a first decision of CAS on 6 February 2012 finding Alberto Contador guilty of a doping offence, the CAS had to rule on a request of the UCI to impose a fine on the Spanish rider. However, the CAS has been informed of an amicable settlement between the UCI and A Contador regarding this issue and has officially terminated the arbitration.

"In the CAS award of 6 February 2012, Alberto Contador was sanctioned with a two-year period of ineligibility starting retroactively on 25 January 2011, minus the period of the provisional suspension served in 2010-2011 (5 months and 19 days). The suspension came to an end on 5 August 2012."