Forum on Sustainable Child Empowerment

Reporter Nov29,2020

Call for External Audit Services

Forum on Sustainable Child Empowerment (FSCE)

Forum on Sustainable Child Empowerment (FSCE) is an Ethiopia NGO, established in 1989, to work for protection, growth and development of vulnerable children. FSCE is implementing child focused programs in six cities namely Addis Ababa, Adama , Dessie, Bahirdar, Diredawa and Wolyta Sodo in partnership with various government and non governmental organization through an active involvement of target communities including children.

In accordance with Accounting and Auditing Board of Ethiopia (AABE) Proclamation No. 847/2014 and civil society organization proclamation 1113/2019 Forum on Sustainable Child Empowerment (FSCE) is required to submit an annual audit report of acceptable standard at the end of the fiscal year. Therefore, Forum on Sustainable Child Empowerment (FSCE) kindly invites a qualified audit firm (certified audit firm who has an authorization from office of Accounting and Auditing Board of Ethiopia (AABE) to conduct auditing of our organzation’s accounts for the year ending December 31, 2020.

The following requirements should be fulfilled to participate in the bid for the audit service.

Requirement:

  • Renewed professional licenses and business registration license.
  • Must be registered accepted Chartered Accounts.
  • Certificate from AABE.
  • Must have Tax Identification Number (TIN).
  • Tax Clearance Certification for the fiscal year 2019/2020.
  • Have evidence of auditing experience with similar NGOs.
  • Evidence of Previous Experience of auditing financial statement prepared based on IPSAS.
  • Be able to indicate date of commencement of audit report.
  • Be able to indicate date of submission of audit report.
  • Quote price.

Scope of the Service

  1. The firm will audit the client’s financial statement of the year 2020.
  2. There will be about 5 box files of accounting documents to be audited per month (estimated total 55-60 box files per year).
  3. The firm will audit the financial statement and the supporting documents of the concerned period as prepared by the clients and will give his/her opinion on the fair presentation of the financial statements.
  4. The firm should conduct the audit according to accepted accounting International Public Sector Accounting standards(IPSAS) and agency for Civil Society Organizations requirements.
  5.  The audit will be based in Addis Ababa Head office and visits to the projects may be facilitated during the service.
  6. Management letter and financial consolidation report will be the major output of the services.
  7.  In its proposal., the firm should clearly indicate the fee for audit services; the duration of the annual audit; date of summation of the final audit report.
  8. Forum on Sustainable Child Empowerment (FSCE) reserves the right to reject any or all bids.

Audit firms that meet the requirements are kindly requested to submitin person their technical and financial proposals from November 30,2020 during working hours in a sealed and stamped envelope to the attention of the Finance and Admin Department.

** Bid will close on December 18,2020. Only shortlisted Firms will be contacted for further discussion and negotiation.

Forum on Sustainable Child Empowerment (FSCE)

Admin and Finance Department

HQ around Sahlitemhiret (Gurd shola) 10 Sisters Building

5th Floor Tel. 011-8-33-39-26 011-8-33-39-28.

The Building is besides Athletic Building

 Birhan bank is located at the ground floor of the building.