AABRAR Announced RFQ in ACBAR Website for Projects Audit
May 24, 2016
Request for Quotation (RFQ)
RFQ Deadline: June 05, 2016
Project based Audit
Audit Period – September 15, 2015 to April 15, 2016
Afghan Amputee Bicyclists for Rehabilitation And Recreation (AABRAR) would like to solicit application/quotation from all qualified national and international public accounting firms to conduct audit of our two UNMACA/USAID funded projects.
All external auditing firms submitting their quotations should be from among the major national or international public accounting firms and fulfil the below criteria.
a) Having valid audit license showing legal external audit authorities (requesting copy of license)
b) The president and vice president or partner should be chartered accountants (ACCA, CA) or CPA (USA) as per the law.
c) The president and vice president or partner should be member of professional body and having practice certificate accordingly from the professional body like ACCA, ICAEW, ICAP.
d) International Affiliation with auditing firm network.
The external auditors selected by the finance and program team of AABRAR shall render their report and findings to senior management of AABRAR or as needed by the finance and program team. External auditing firm shall conduct an examination of the financial records of two USAID funded projects for the period covering 08 months (September 15, 2015 to April 15, 2016).
OBJECTIVES AND GENERAL STATEMENT OF WORK
AABRAR is a local non-profit profit afghan based organization working for the physical and economic rehabilitation of persons with disabilities since 1992. AABRAR conducting its annual financial audit each year and conducted its last annual audit for financial year 2014 (January 01, to 31 December). With annual audit, AABRAR also conduct project based audit for some projects as per agreement with donor agencies. As per the agreement with our donor agency (UNOPS/USAID), our two projects “Fixed and mobile physical rehabilitation projects in Khost and Farah” need to be audited by a professional auditing firm fulfilling the above criteria. AABRAR is planning to start the audit of stated projects by June 16, 2016.
The audit of two stated project will cover auditing all the revenues received and all the costs incurred during this period by AABRAR, the overall actual revenues of the stated two projects during the requested period of audit are $ 575,476.00 while the expenses for the same period are $ 572,000.00.
Projects audit of AABRAR for the period September 15, 2015 to April 15, 2016.
III. AUDIT OBJECTIVES AND SCOPE
The objective of this Engagement is to conduct the project based audit of AABRAR resources for the above stated two projects. The resources are solely external resources (funds received from donors). This audit should be conducted in accordance with International Accounting Standards, International Financial Reporting Standards.
IV. REPORT SPECIFICATIONS
The auditor shall prepare a report in accordance with the guidelines of IAS and IFRS.
V. WORK SCHEDULE
All applications/quotations should be received by the deadline (5th June, 4PM).
Selection of auditing firm and signing of formal contract will take place by the June 10, 2016.
Audit work should be conducted by June 16th and completed by 30th June 2016
Presentation of draft audit report and findings of audit by audit firm representative to AABRAR senior management should be send no later than 12th of July, 2016.
Final report should be issued to AABRAR senior management by no later than 17th July, 2016
For questions or further information, please contact:
Manager Finance, AABRAR
+93 (0) 7777 80908
VI. PROPOSALS SUBMISSION GUIDELINES
Proposals should be sent by email to email@example.com with a copy to firstname.lastname@example.org or via hard copy at the address indicated below, no later than 4:00 pm June 05, 2015. Proposals received after the due date will not be considered.”