Terms of reference for Provision of Statutory Audit Services for the Financial Year 2023

1. Background Summary 

International Alert is over 30-year-old independent and international peacebuilding organization with headquarters in London and works with people who are directly affected by violent conflict to improve their living. We have been operating in Rwanda since 1996, strengthening reconciliation, reintegration and conflict transformation among people affected by conflicts and genocide against the Tutsi. 

We would like to invite qualified audit firms operating in Rwanda to submit a technical and financial proposal for the provision of external audit services for International Alert Rwanda for the financial year starting January 01^st 2023 to December 31^st, 2023.

2. Audit objective:

The audit will be conducted in accordance with the International Standards of Auditing with the following specific objectives: (i) to audit the financial statements relating to the all implemented projects and country financial statements; and (ii) to express a professional opinion on the International Alert financial management adequacy of the projects through verification of all Interim Financial Reports (IFRs) including summary expenditure statements and evaluation of the internal control structure of International Alert. At the end of the auditing exercise, the Auditor will issue an opinion on the financial statements (FSs) as well as a management letter.

The audit exercise is required to be started on 1st March 2023 and the final audit report should be availed before 15^th March 2023.

Deliverables

• Audited financial report (hard and soft copies) for the period noted.
• A management letter, which should highlight observed weaknesses in the system of internal control and the recommendations to address the identified issues.
• Final RRA annex reports (hard and soft copies) for the period noted.

Interested eligible audit firms in Rwanda are invited to submit financial and technical proposal demonstrating that they have the required qualifications and relevant experience to perform the audit. The shortlisting criteria are:

1. Valid Practice Certificate
2. Registration Certificate
3. TIN and VAT Certificate
4. Tax Clearance Certificate
5. RRA certification certificate
6. Being a recognized audit/accountancy professional body in Rwanda.
7. Proposed staff should have enough experience in providing audit services to donor -funded projects. 

The expressions of interest should be sent to International Alert through email at Rwanda@international-alert.org. 

Deadline

The deadline for submission is Monday 26^th February 2024 at 5:00 p.m.