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Tender Details
- Country: Nigeria
- Summary: External Financial Audit Services
- NGT Ref No: 46250616
- Deadline: 20 Oct 2020
- Competition: ICB
- Financier:
- Purchaser Ownership: -
- Tender Value: Refer Document
- Notice Type: Tender
- Document Ref. No.:
- Purchaser's Detail :
- Description :
- Expression of Interest are invited for External Financial Audit Services Services required for each Annual Audit Include but are not limited to: (1) Conduct the audit in accordance with the International Standards on Auditing (ISAs) and express an opinion as to the reasonableness of the Project Financial Statements in all material respects, as well as include tests and verification procedures as the auditor may deem necessary. (2) Review Project Financial Statements prepared by the Project Financial Management Unit (PFMU) and supporting accounting Information such as bank records. Statements of Expenditure (SOE) and others, and express an opinion on the Project Financial Statement in accordance with International Standards on Auditing (ISA). (3) Review and express an opinion on the Statement of Expenditure (SOE) to confirm that project funds were utilized for the purpose intended, with due attention to economy, efficiency and effectiveness. (4) Verify that project funds have been used in accordance with the terms and conditions of the AFD Credit Facility agreement, with due attention to economy, efficiency and effectiveness. (5) Verify that expenditure of project funds has been approved at the correct levels of delegated Authority, including obtaining necessary AFD ‘No Objection Letters-. (6) Verify that appropriate supporting documents, financial records and books of accounts relating to all project activities have been kept and that clear linkages exist between the books of accounts and the Project Financial Statements being audited. (7) Establish whether the Project Financial Statements have been prepared in accordance with Generally Accepted Accounting Principles (GAAP) and International Public Sector Accounting Standards (IPSAS). (8) Undertake a comprehensive assessment of the adequacy and effectiveness of the accounting and overall internal control system to monitor expenditures and other financial transactions. (9) Include in the audit reports opinion on compliance with procedures designed to provide reasonable assurance of detecting misstatements due to errors or fraud that are material in the financial statements, as well as identify and comment on conditions that significantly indicate possible fraud and control risks. (10) In addition to the Audit report, the External Auditor will be expected to prepare a Management Letter giving observations and comments, and providing recommendations for improvements in accounting records, systems controls and compliance with the FMS and financial covenants in the Credit Facility Agreement. (11) The above services are to be provided on an annual basis for the 6-year life of the project, approximately starting November 2020 and ending 2025. Interested Applicants may obtain further information at the address below during office hours: 9:00am to 4:00pm, or by email at the indicated address below: Kano State Water Board, No. 675, Kofar Nassarawa, Kano, Engr. Abdul- Azeez Umar Office Complex
- Documents :
Purchaser : KANO STATE WATER BOARD
No. 675, Kofar Nassarawa, Kano, Engr. Abdul-azeez Umar Office Complex
Attn: Engr. Ibrahim Usman Dederi, Project Coordinator
Tel: +234-80 360 533 16
Email :knwaterboard@gmail.com/ dederiiu@gmall.com
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