Tenders Are Invited For External Audit Of Erdi Financial Statements For Save The Children-Humanitarian Fund (Hf) Project

Tenders are invited for External Audit of Erdi Financial Statements for save the Children-Humanitarian Fund (Hf) Project. Objectives and Scope of the Audit ERDI objective of the audit of financial statements is to enable the Auditors to express an independent professional opinion on the financial position of ERDI. The audit shall be carried out in accordance with standards mentioned above. In conducting an audit, special attention should be given to the following: Verify all funds have been used in accordance with the signed MoU with Save the Children and only for the purposes for which the funds were provided. b. Goods, works and services financed have been procured in accordance with ERDI established rules and procedures. c. Appropriate supporting documents, records and books of accounts relating to all activities have been kept. Clear linkages should exist between the books of accounts and the financial statements presented. d. The financial statements have been prepared by ERDI management in accordance with applicable accounting standards and give a true and fair view of the financial position of ERDI and of its receipts and expenditures for the period ended on the date stated above. e. Comprehensive assessment of the adequacy and effectiveness of the accounting and overall internal control system to monitor expenditures and other financial transactions. f. Express an opinion as to reasonableness of the financial statements in all material respects. g. Include in their reports opinion on compliance with procedures designed to provide reasonable assurance of detecting misstatements due to errors or fraud that are material in the financial statements. h. Conduct entry and exit meeting with ERDI Executive Director and Finance Manager. i. In addition to the audit report, the Auditors will prepare a Management Letter on the following: - Give comments and observations on the accounting records, procedures, systems and controls that were examined during the course of the audit. Identify specific deficiencies and areas of weaknesses in the systems and controls and make recommendations for improvement. Communicate matters that have come to their attention during the audit which might have a significant impact on the sustainability of ERDI. Bring to the ERDI Executive Directors attention any other matters that the auditors consider vital. 4. Deliverables and Timeline Upon completion of the audit work, the Auditor shall issue an opinion on the financial statements prepared by management and a management letter. The audit will be completed and audited financial statements should be signed by 31 st May, 2024. Tender Link : https://comms.southsudanngoforum.org/c/tenders