Tenders Are Invited For Audit Of The Financial Statements

Request For Expression Of Interest For Audit Of The Financial Statements Of Lao Pdr Competitiveness And Trade Project Notice No Op00075526 Request For Expressions Of InterestLao PeopleS DemocraticrepublicMinistry Of Industry And CommerceLao Pdr Competitiveness And Tradeproject Lctp Project P164813 Sector General Industry And TradesectorAssignment T Itle Audit Of The Financial Statements Of Lao Pdrcompetitiveness And Trade ProjectRefer Ence No D1 13The Ministry Ofindustry And Commerce Moic Of The Government Of Lao Pdr Has Receiv Ed Financing From The World Bank And Australia Toward The Costof The Lao Pdr Competitiveness And Trade Project And Intends To Appl Y Part Of The Proceeds For Consultingservices The Consulting Services The Services Include Annual Audit Of Financial Statementsto Be Carried Out For The Lao Pdr Competitiveness And Trade Project The Objective Of The Annua L Project Financial Statementsaudit Is To Express An Independent Opinion On The Financial Reports Of The Project For Therelevant Financial Years Inaccordance With The Adopted Accounting Standards As Described In The Financial Statements A Ssess The Compliance Withlaws Regulations And Funding Agreements That Have A Direct And Material Financial Effect On The Project R Squo S Financialreports Express An Opinion On ManagementS Assertions That They Complied With Laws Regulations An D Provisions Ofcontracts And Grant Agreements And That They Maintained An Effective Internal Control Framework Over The Program The Audit Should Cover All Sources Of Financing Under The Project The Audit Will Be Carried Out Inaccordance With The International Standards On Auditing Isa And Should Include Such Tests As The Auditors Consider Necessary The Audi Accor Shall Cover The Project Financial Statements For Each Of The Following Periods Project Effectiveness To31 Dec20191 January To 31 December 20201 January To 31 December 20211 January To 31 December2022 Plus G Race PeriodThe Final Audit Of The Project Financial Statements For The Period From 1 January To Xxx2022 Shall Covera Review Of Payments Made During The Grace Period And Disclose Other Unpaid Commitments The Auditor Willbe Appointed For The Duration Of The Lao Pdr Competitiveness And Trade Project Lctp Which Is Expected To Last Until The Projectclosure Date The Contract Will Be Signed For The Whole Project Duration The Cost For The Audit Of Each Auditing Period Will Bepredefined And Fixed In The Contract However The Continued Engagement Of The Auditor For Each Financial Year Will Be Subject Tosatisfactory Performanc E In Conducting The Audit Of Previous Years Financial Statements Including Timely Submission Of Theaudit Reports In Accorda Nce With The Agreed Timeframes The National Implementation Unit Niu Now Invites Eligible Auditfirms Consultants Rdquo To Indicate Their Interest In Providing The Services Interested Consultants Should Provideinformation Demonstrating That T Hey Have The Required Qualifications And Relevant Experience To Perform The Services Theshortlisting Criteria Are Be A Legal Entity With Business License Granted By Appropriate AuthorityBe Anentity Acceptable To The World Bank As Tech Nically Competent Independent And Able To Comply With International Standards Onauditing Isa And Have Adequate Quality Control To Ensure Compliance With Isa International Standard Of Quality Control Isqc 1 And Other RequirementsExperience In Fin Ancial Auditing In The Public Sector Organizations Experience Inauditing In The Region And In Laos Exte Nsive Experience In Financial Statements Audit Financed By The World Bankand Or Other Donors The Attention Of Inter Ested Consultants Is Drawn To Paragraphs 3 14 3 16 And 3 17 Of Theworld BankS Regulations Procurement In Investment Proje Ct Financing Goods Works Non Consulting And Consultingservices July 2016 Revised November 2017 Edition Setting For Th The World BankS Policy On Conflict Ofinterest A Consultant Will Be Selected In Accordance W Ith The Least Cost Selection Lcs Method Setout In The Consultant Guidelines Further Information Can Be Ob Tained At The Address Below During Officehours 08 00 To 16 00 OClock Expressions Of Interest Must Be Delivered In A Written Form To Theaddress Below In Person Or By Mail Or By Fax Or By E Mail By August 16 2019 National Implementation Unit Niu Ministry Of Industry And CommerceLao Pdrcompetitiveness And Trade ProjectAttention Mr Phouvieng PhongsaNiu Program DirectorBan Phonxay Xaysettha District Vientiane Laopdr Tel 856 21 41 39 16 45 39 82 Fax 856 21 41 39 16E Mail Phouvieng P Laomoic Org With Copy To Vanlaty S Laosaft Org Procurement Laosaft Org

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