Tenders are invited for Audit of the Annual Financial Statements Cambodian Water Supply Association (CWA) Audit Period: January 1, 2025 December 31, 2025 CWA works in close collaboration with private water service providers, development partners (including Water.org, CAPRED, UTS, EMW, AWA, and KOWBA), commercial banks, supply companies, and relevant government ministries to strengthen the water supply sector and contribute to national development goals. CWAs mission focuses on three key areas: 1. Supporting and Promoting Cooperation: Strengthening collaboration among private water operators in Cambodia. 2. Enhancing Knowledge and Technical Skills: Building capacity and sharing expertise to improve operational performance and service quality. 3. Encouraging Sustainable Expansion: Promoting the sustainable growth and resilience of water supply services to ensure universal access. II. Audit Objectives The overall objective of the audit is to enable the appointed auditor to express an independent opinion on the fairness and accuracy of the Cambodian Water Supply Association (CWA)s financial statements for the fiscal year ending December 31, 2025. Specific Objectives a. Fair Presentation of Financial Statements To determine whether CWAs annual financial statements present fairly, in all material respects, the organizations financial position, financial performance, and cash flows in accordance with the applicable accounting and reporting framework. b. Use of Funds To verify whether the funds received and managed by CWA have been used solely for their intended purposes and in compliance with approved budgets, donor requirements, and internal financial policies. c. Review and Audit of Staff Bonus To review and audit the financial records related to staff bonuses for the period from January 1, 2025, to December 31, 2025, ensuring that all bonus payments are properly authorized, accurately recorded, and consistent with CWAs approved policies and financial statements. The audit shall be conducted in accordance with the Cambodian International Standards on Auditing (CISAs). These standards, together with the provisions outlined in this Terms of Reference (ToR), require the auditor to comply with professional and ethical requirements, and to plan and perform the audit with due diligence and professional skepticism. In particular, the audit aims to obtain reasonable assurance that: 1. The annual financial statements are free from material misstatement, whether due to fraud or error; and 2. The funds received and managed by CWA have been used only for their intended V. Scope of Work of the Auditor The recruited audit firm shall conduct an independent audit of the Cambodian Water Supply Association (CWA) financial statements for the period from January 1, 2025, to December 31, 2025. The auditor will be granted full and unrestricted access to all relevant CWA documents, financial records, bank accounts, depositories, consultants, contractors, and other entities engaged by CWA that are necessary for the purpose of the audit. The audit will cover all financial balances, income, and expenditures recorded during the audit period. In carrying out this work, the auditor shall pay particular attention to the following areas: a. Use of Funds: Verification that all funds have been utilized in accordance with relevant legal, financial, and contractual procedures. b. Purpose of Funds: Confirmation that all expenditures were made solely for their intended and approved purposes. c. Budget Compliance: Review of disbursed funds to ensure alignment with the approved budget and adherence to CWAs financial policies. d. Accounting and Documentation: Assessment of whether proper accounting books and records are maintained, supported by adequate documentation to substantiate eligible expenditures incurred. e. Bank Reconciliation: Verification and reconciliation of all bank and cash balances against the financial statements. f. Internal Controls: Identification of any material weaknesses or significant deficiencies in internal control systems. The auditor shall evaluate the effectiveness of internal controls to determine the degree of reliance that can be placed upon them and to assess the extent of audit testing required to ensure the accuracy and reliability of CWAs accounting records. Tender Link : https://www.bongthom.com/job_list.html?category_id=55&order_by=start_date&order_dir=desc
