Tenders are invited for External Financial Audit Firm Supporting Women on Board Project (Phase III) LLWB//UK External Financial Audit Objective of the Audit LLWB seeks to engage a qualified external audit firm to conduct an independent financial audit of the project in order to: Ensure compliance with donor requirements, national financial regulations, and LLWBs internal financial policies; Verify the accuracy, completeness, and reliability of financial records and reports; Assess the appropriate utilization of project funds in line with the approved budget and funding agreement; Evaluate the adequacy and effectiveness of internal control and financial management systems; Identify any financial risks, discrepancies, or weaknesses, and provide practical recommendations for improvement. Scope of Work The external audit firm will conduct a financial audit covering the entire project implementation period from 15 June 2025 to 31 March 2026. The scope of work shall include, but not be limited to: Review and verification of all financial transactions and supporting documentation; Examination of compliance with the donor funding agreement and applicable national regulations; Review of procurement processes and expenditure eligibility; Verification of fund utilization against approved budgets; Assessment of accounting systems, internal controls, and financial reporting procedures; Identification of financial risks, gaps, and areas for strengthening financial management. The audit assignment is expected to be completed within three (3) weeks from the date of contract signature. Deliverables The selected audit firm shall provide the following deliverables: Inception Report An inception report outlining: The detailed audit plan, methodology, and timeline; An initial assessment of financial records and key audit focus areas; A list of required documents and information to be provided by the project team. Draft Audit Report A draft audit report including: Preliminary audit findings; Review of financial statements and compliance with donor requirements; Identification of key financial risks and internal control weaknesses; Initial recommendations for corrective actions and improvements. Submission deadline: 23 March 2026. Final Audit Report A final audit report incorporating feedback from LLWB, including: Executive summary of key findings and conclusions; Detailed financial analysis and transaction verification; Assessment of compliance with donor requirements and national financial regulations; Identification of discrepancies, risks, and corrective actions; Practical recommendations to strengthen financial management and internal controls. Submission deadline: 31 March 2026. Presentation of Findings A presentation of the audit findings to LLWB management, the project team, and relevant stakeholders, including discussion of recommendations and agreed next steps. 5. Required Qualifications The audit firm must meet the following minimum qualifications: Be a legally registered audit firm with a valid license to operate in Lebanon; At least one lead auditor must be a Certified Public Accountant (CPA), Chartered Accountant (CA), or hold an equivalent internationally recognized qualification; A minimum of five (5) years of proven experience in auditing NGOs, donor-funded projects, or development programs; Demonstrated experience conducting financial audits for similar organizations or projects; Experience auditing projects funded by international donors (e.g., UN agencies, EU, FCDO) is considered an asset; Strong knowledge of International Financial Reporting Standards (IFRS) and/or International Standards on Auditing (ISA); Familiarity with donor compliance frameworks and financial management best practices; Ability to deliver high-quality audit reports in English within the required timeframe. Budget The indicative budget range for this assignment is USD 1,500 2,000, inclusive of all professional fees and applicable costs. How to apply Application Procedure Interested audit firms are invited to submit their applications by email to
[email protected]. Applications must be submitted in separate files, with the email subject line: External Financial Audit Firm Supporting Women on Board Project (Phase III) The application package must include the following documents: Company profile, including legal registration details and relevant certifications; Description of the firms experience in auditing NGOs and donor-funded projects; Proposed audit methodology and approach; Audit team composition, including CVs of key personnel; Proposed timeline and work plan; Detailed financial proposal, including a breakdown of professional fees and any other costs; Copy of the firms registration certificate; Valid audit license issued by the relevant regulatory authority; Tax registration and compliance documents; At least two (2) reference letters from previous clients, preferably donor-funded organizations. Application Deadline The deadline for submission of applications is 10 February 2026 at 12:00 noon (Lebanon time). Tender Link : https://www.daleel-madani.org/calls-for-proposal
