Expression of Interest for Provision of Audit Services Scope of Work The audit will be conducted in accordance with International Standards on Auditing (ISA) issued by the International Auditing & Assurance Standards Board of IFAC, with particular reference to ISA 800 (Auditors Report on Special Purpose Audit Engagements) and WfWI guidelines. The audit should specifically address: 1. Verification that funds were utilized in line with financing agreements, disbursement letters, and general conditions, ensuring economy, efficiency, and adherence to intended purposes. 2. Confirmation that goods and services financed were procured in compliance with relevant agreements and WfWI policies. 3. Review of supporting documentation, records, and accounts for all operations, including income and expenditure reported via Intacct. 4. Assessment of clear linkages between accounting records and financial reports. 5. Verification that designated accounts were maintained in accordance with applicable agreements. 6. Evaluation of whether accounting records comply with generally accepted accounting principles and WfWI policies, presenting a true and fair view of the projects financial position. 7. Review of compliance with donor financial covenants and conditions for fund disbursement. Audit Reports The auditor will issue an opinion on WfWIs financial statements and prepare a Management Letter that includes: Observations on accounting records, systems, and controls reviewed during the audit. Identification of deficiencies and recommendations for improvement. Report on non-compliance with financial covenants. Communication of significant matters affecting organizational operations. Inclusion of management responses in the final letter. Deliverables and Timeline Submission Deadline: January 20th, 2025 Audit Period: February 2026 Final Report: Second week of March 2026 Draft report (hard and electronic copies) to be submitted within seven (7) days of completing the assignment. Final report (hard and electronic copies) to be submitted within seven (7) days of receiving management comments. Tender Link : https://comms.southsudanngoforum.org/c/tenders
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