Call for proposal for external audit of Twaweza East Africa financial statements
Twaweza wishes to engage the services of an audit firm for the purpose of auditing its financial statements for the year ending 31 December 2022.
The audit shall be carried out in accordance with International Standards (ISA) issued by IAASB. Sufficient audit evidence should be gathered to substantiate in all material respects the accuracy of financial statements. The audit reports should state if the financial statements of Twaweza present fairly, in all material respects, the financial position of Twaweza as of 31 December 2022, and the results of its operations and cash flows for the year then ended in accordance with International Public Sector Accounting Standards and the NGO Act, 2002.
In the course of the audit, the Auditor should also point out if Twaweza have complied with all terms stipulated in donor contracts.
Auditor Independence and Qualification
The Auditors should disclose any relationship that might possibly compromise their independence.
The audit firm should be an internationally recognized firm and experienced in applying audit standards; The audit firm must employ adequate staff with appropriate professional qualifications and suitable experience in auditing the accounts of Non-governmental Organisations (NGOs).
Curriculum vitae (CVs) of key personnel who will be part of the Audit team should be submitted along with the proposal for the provision of audit services to Twaweza. CVs should include details on audits of similar organizations carried out by the applicable staff, including ongoing assignments indicating capability and capacity to undertake the audit and experience in auditing financial statements compliant with the IPSAS.
How to apply