Request for Proposals External Audit Services Jobs in Lusaka Zambia SASPEN Jobs in Lusaka Zambia View and Apply Request for Proposals External Audit Services Jobs in Lusaka at SASPEN


SASPEN

BACKGROUND

The Southern African Social Protection Experts Network (SASPEN) is a not-for-
profit loose alliance of stakeholders, scholars and consultants who engage
with social protection in the SADC region. With the support of the Open
Societies in Southern Africa (OSISA), SASPEN has been undertaking a 4-month
Impact assessment on the state of social protection in the context of COVID-19
in Southern Africa.

SASPEN is requesting proposals from suitably qualified and experienced firms
for provision of external audit services for the financial year ending 31
March 2021. The objective of the external audit is to express a professional
opinion on the Financial Statements of the OSISA Grant. These Financial
Statements, among others, consist of the income and expenditure account,
statement of financial position, statement of cash flows, and statement of
changes in funds. The external audit should be carried out in accordance with
International Standards of Auditing (ISAs) which are issued by the
International Federation of Accountants (IFAC) and includes such tests and
auditing procedures as the auditor considers necessary for the assignment.

SCOPE OF WORK

The auditor shall be required to

a. Carry out tests of transactions as are necessary, to obtain an
understanding of the accounting system, to assess its adequacy as a basis for
the preparation of the Financial Statements and to establish whether adequate
records have been maintained as required by the Donor’s policies and
procedures, other governing statues in Zambia and International Financial
Reporting Standards (IFRSs);
b. Conduct an in-depth and exhaustive review of the internal control systems
to have sufficient knowledge of the procedures underpinning the systems;
c. Confirm that although the responsibility of irregularity and fraud remains
with the SASPEN management, the audit has been planned to have a reasonable
expectation of detecting material misstatements in the financial statements
whether arising from fraud or error;
d. Confirm that goods and services financed have been procured in accordance
with sound procurement procedures;
e. Confirm that all necessary supporting documents, records and accounts have
been kept in respect of all activities;
f. Confirm that the financial statements have been prepared in accordance with
International Financial Reporting Standards and give an accurate and fair view
of the financial position as at the end of the financial year;

DELIVERABLES

1\. An opinion on the Financial statements
2\. A Management Letter

EXPERIENCE AND QUALIFICATIONS

I. The audit firm should have a valid license from the Zambia Institute of
Chartered Accountants and valid practicing certificates for the partners.

II. The key audit team will comprise, at least

a) A partner with at least 10 years of experience auditing similar
organisations as SASPEN. In addition, he/she should be a member of the Zambia
Institute of Chartered Accountants;
b) A manager with at least ACCA, ZICA andor a degree in accounting with a
minimum of 7 years’ experience in auditing; and
c) A senior officer with at least a minimum of 3 years’ professional
experience in auditing.

III. The key audit team

a) Shall be completely impartial and independent from all aspects of
management or financial interests of the organization; and
b) Shall not, during the period covered by the audit nor during the
undertaking of the audit, be employed by, serve as advisers or mentors for, or
have any financial or business relationships with SASPEN.

BASIS OF AWARD

A formal contract of engagement specifying the scope of audit shall be
prepared and signed between SASPEN and the Audit firm prior to the beginning
of the assignment. The contract of engagement shall also clearly spell out the
responsibilities of the two Parties.

PRICING

I. All prices MUST be indicated either in Zambian Kwacha or US Dollar
equivalent;
II. There will be a no price variation contract after signing of contract;
III. Prices must be inclusive of all taxes within Zambia.

The Bidder shall submit softcopy proposals (no more than ten pages) by the
closing date set forth below to the following email address

auditbids@saspen.org

The email subject should clearly state “EXTERNAL AUDIT SERVICES”

The email must contain both the technical proposal and financial proposal.

The deadline for the submission of proposals is Monday 8 March 2021 at 16.30
Hours Lusaka time (GMT +2)

For submissions, technical queries related to specifications of work or TORs,
kindly email auditbids@saspen.org



Send your Application Through




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Email auditbids@saspen.org


Request for Proposals External Audit Services Jobs in Lusaka Zambia SASPEN Jobs in Lusaka Zambia View and Apply Request for Proposals External Audit Services Jobs in Lusaka at SASPEN


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