African Development Aid Association (ADAA), African Development Aid Association (ADAA)


Invitation for Bid for Conducting Auditing 

and services for IPSAS adoption and conversion 

African Development Aid Association (ADAA) is one of NGO (not for profit-making organization) established in 1988 and has been engaging in different community development project activities. ADAA would like to invite Authorized Auditor to conduct the following: 

  1. As per the guidelines of the Accounting and Auditing Board of Ethiopia (AABE), ADAA has intended the conversion of its financial systems and financial management procedures into the International Public Sector Accounting Standards (IPSAS). Thus, the interested audit firm is invited to render services for PSAS adoption and conversion. The main tasks include providing required training (IPSAS based) to staff and coach them on conversions and preparation of financial statements of the year 2019 based on IPSAS. 
  2. Perform IPSAS based general audit of accounts of the organization for three consecutive years (2019, 2020 & 2021). Requirements: 
  • Renewed Company/Firm/Business registration certificate 
  • VAT registration 
  • Avail records for up to date payments of tax 
  • Certified for professional service by relevant authorizing body 
  • Company profile, with list of audit experience of similar NGO 
  • Proposed dates for commencement and submission of audit report (Overall audit work duration) 
  • Indicate proposed cost separately for the above services (ie for 1 & 2) 

Therefore, this is to invite interested audit firm to submit its proposal in person to the Head Office of ADAA located: in AA City, Yeka Sub City, Around Gurd Shola Area, on Second Floor of Building situated between Beshale Hotel and Building of Athletic Federation; 

  • Tel +251 118296167 /+251 911822126, +251 926880304/05