Request for Proposals External Audit Sense International Tanzania

SENSE INTERNATIONAL

REQUEST FOR PROPOSALS

EXTERNAL AUDIT

INTRODUCTION

Sense International Tanzania is a registered non-government organizational working to support people with deafblindes complex disabilities and their families to access education, health livelihoods and other social services.  SITV invites tender for external audit of its financial statement of the twelve months period ending March 2020.  SITZ is currently managing five projects and has annual turnover of around TZS 980,000.00.  SITZ has only one office which is based in DSM

OBJECTIVE OF THE EXTERNAL AUDIT

The Objective of the External Audit is to express a Professional audit opinion on the financial statements of the organization in accordance with the latest applicable international standards in auditing

SCOPE OF THE AUDIT

The scope of the work will include among others of the following

1. The auditors must review and evaluate the organization internal controls to obtain a sufficient understanding of the design relevant control policies and procedures and whether those policies and procedures have been placed in operation(auditors report on internal controls)
2. Identify and assess the risk of material misstatements in the financial audit procedures responsive to those risks and obtain audit evidence that is sufficient and appropriate to provide a basis for an opinion
3. Evaluate the overall presentation, structure and content of the financial statement representative the underlying transactions and events in manner that achieve fair presentation

OBJECTIVE OF THE SPECIAL ASSIGNMENT AUDIT

(Report of 100% compliance for NLC Project)

The objective of the special assignment audit is to express a professional audit opinion of NLC project with turnover around TZS 100,000,000 in accordance with the latest applicable international auditing standards as well as the following special framework

1. Review SITZ NLCF project risk management, control and governance arrangements to determine reliability accuracy and strengthening of the system of internal control.  Recommendation to be presented for as area of improvement
2. Examine SITZ NLCF project funds used to the project ensure they have been used by all-country organization agreed purpose.  Where this is not the case a review is undertaken and recommendations examine in country organization financial records to ensure SITZ NLCF Funds have been accounted for
3. Examine in country organization financial records to ensure SITZ NLCF Funds have been accounted for correctly and accurately where this is not the case a review is undertaken and recommendations presented
4. Ensure a though complete and well documented audit report is produced reflecting the points above. Including their risk management control and governance system/process
5. The NLCF financial statement of donor funded project in all material aspect are in conformity with the applicable financial rules and regulations of agreements terms of conditions of the financing agreement

QUALIFICATIONS AND EXPERIENCE

• The auditor will employ adequate staff with appropriate professional qualification and suitable experience with relevant standard in particular international standards on auditing and with experience in auditing and the accounts of entities comparable in size and complexity to the organization in additional the audit teams as whole will have
• Appropriate experience with audits of external and operation financed by donors at least one senior member of the field work team either a manager/supervisor should have such experience

A LETTER OF ENGAGEMENT

A formal letter of enjoyment specifying the scope of audit shall be prepared and signed between SITZ and the auditor prior to the beginning of the assignment, the letter of engagement also Cleary spell out the responsibilities of the two parties

EVALUATION OF PROPOSALS (Technic and financial)

The technical proposal shall be evaluated as follows

• Understanding od terms of reference 10%
• Experience of consulting firms 20%
• Methodology and experience of consortium/firms 40%
• Key personnel qualification 20%
• Lowest financial bidder 10%

Mini mum eligible technical score is 75% the lowest financial proposal for eligible proposals will be selected for negotiations

HOW TO APPLT

Qualified and interested firms should submit their bids to [email protected] with no longer than May 15^th 2020 firms can also send bids through 

SENSE INTERNATIONSL,

P.O. BOX 72653

DSM – TANZANIA

Source the Guardian  May 7, 2020