Getu Tefera General Import and Export Office

Reporter Jul26,2020

INVITATION FOR IFRS CONVERSION AND 

CONSULTING 

GETU TEFERA IMPORT & EXPORT 

GETU TEFERA IMPORT & EXPORT (GTIE) is a Sole Proprietor 

business entity and a large scale company established under Ethiopian Law in order to import & export, manufacturing, distribute and retail different trading items including two wheels of TVS and Lifan motorcycles with their spare parts, Tyres and other related items since 1997. 

Now a day, financial reporting standard changed from GAAP to IFRS by The Federal Government of Ethiopian. So it has become necessary that our financial records shall pass through the conversion process from GAAP to IFRS. Terms of Reference (TOR) to be provided includes the following details: 

  • Details on how to handling IFRS conversion process. 
  • Methodology of consulting on implementation of IFRS. 
  • Diagnostic study and Gap analysis between GAAP & amp; IFRS. Training and capacity building. 
  • Design process /System changes in accounting policies based on IFRS. 
  • Generation of Financial manual for Finance department based on IFRS and prepare separate cost manual for our Assembly Factory 
  • Generation of Financial reports based on IFRS. 
  • Supervision, follow up and validation of financial reports based IFRS and assistance during review. 

N.B: Our manufacturing plant will start as of July, 01, 2012 E.C 

Those firms which have experience on this matter are invited to submit a written proposal setting out their capabilities, the key elements of their service and team, as well as their proposed fee in person within 10 (ten) working days from the date of announcement. 

ADDRESS:- Getu Tefera General Importer, Near to Bole airport 

DH Geda Tower 5th floor 

Tel: 0116151988 / 0116151302