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Tender Details
- Country: Ethiopia
- Summary: Audit of IntraHealth Ethiopia Country Office
- ETT Ref No: 59360743
- Deadline: 08 Nov 2021
- Competition: ICB
- Financier: United States Agency for International Development (USAID)
- Purchaser Ownership: -
- Tender Value: Refer Document
- Notice Type: Tender
- Document Ref. No.:
- Purchaser's Detail :
- Description :
- Request for proposals are invited for Audit of IntraHealth Ethiopia Country Office. IntraHealth International is an International Non-governmental organization working in Ethiopia since 2003. Its mission is to improve the performance of health workers and strengthen the systems in which they work. IntraHealth is currently implementing a USAID funded Transform HDR project in partnership with AMERF Health Africa and Accelerating Support to Advanced local partners (ASAP) funded by USAID. We would like your firm to conduct an audit of the IntraHealth Ethiopia Country Office as of June 30, 2021. 1. The audit will be conducted with the objective of expressing an opinion on the organization-s financial statements and in accordance with International Standards on Auditing (ISAs). These standards require that the audit firm comply with ethical requirements and plan and perform our audit to obtain reasonable assurance that the financial statements are free from material misstatement, whether due to fraud or error. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in aggregate, they could reasonably be expected to influence the economic decisions of users taken based on the financial statements. 2. As part of an audit in accordance with ISAs, exercise professional judgement and maintain professional skepticism throughout the audit. Also: 3. identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations or the override of internal control. 4. obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the organization-s internal control. 5. evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by management. 6. conclude on the appropriateness of management-s use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the organization-s ability to continue as a going concern. If you conclude that a material uncertainty exists, you are required to draw attention in your auditor-s report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify your opinion. Your conclusions should be based on the audit evidence obtained up to the date of the auditor-s report; and 7. evaluate the overall presentation, structure, and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation. 8. Assistance with the preparation of financial statements does not form part of the audit. We shall however, during our audit, discuss the organization-s accounting policies with the directors and management particularly in any problem areas and we may propose adjusting entries for your consideration. The directors will be responsible for reviewing and approving all such proposed adjustments. 9. Submit a complete set of financial statements, including the opinion and notes. The financial statements should be in English and U.S. Dollars, and should include the following: 10. Opinion on the basic financial statements taken as a whole. 11. Statement of financial position (balance sheet) as of June 30, 2021 (Please provide a breakdown of all types of accrued employee benefits). 12. Statement of activities and change in net assets (statement of revenue and expenses and changes in fund balances) for the year ended June 30, 2021. 13. Statement of cash flows for the year ended June 30, 2021. 14. All appropriate notes to the financial statements. 15. A management letter that discusses any deficiencies in the internal controls, which you may have observed during your audit testwork. Please also comment, if any, categorized by whether they are material weaknesses, significant deficiencies, or other areas of concern (the categorization is left to your professional judgment). 6. A comfort letter on the internal control structure observed and tested during the course of your audit (see Attachment 1 - Sample Comfort Letter on Internal Control).
- Documents :
Purchaser : INTRAHEALTH INTERNATIONAL
Addis Ababa
Email :et-procurement@intrahealth.org
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