Global Alliance for Improved Nutrition (GAIN) would like to make a call for an Audit Service.
CALL FOR AUDIT SERVICE
BID Reference No: GAIN-ET/BID 002/2022
INSTRUCTION TO BIDDER FOR THE AUDIT OF ACCOUNTS OF GAIN ETHIOPIA
1. Background About GAIN
Global Alliance for Improved Nutrition (GAIN) is a Swiss-based international not-for-profit organization and has its registered country office in Ethiopia to operate as a foreign charity organization established to reduce malnutrition by supporting food fortification and other sustainable nutrition strategies in order to save lives and improve health, productivity, and cognitive function.
GAIN mobilizes public-private partnerships and provides financial and technical support to deliver nutritious foods to those people most at risk of malnutrition. We also support improved maternal and infant health by promoting breastfeeding and specialized products for infants over six months and young children. In addition, we partner with local businesses to improve the quality of food along agricultural value chains. By building alliances that deliver impact at scale, we believe malnutrition can be eliminated within our lifetimes.
GAIN Ethiopia has re-register with the Civil Society Organization Agency as per Proclamation No 1113/2019 and as per Proclamation Number 332/2014 and 847/2014, it is also registered with the Accounting and Auditing Board of Ethiopia (AABE) as a Public Interest Entity with Identification No 0000005426 and Registration No CHA/0000000413/11.
2. Invitation to Bidders
Qualified Auditors are invited to submit a proposal to conduct an audit of GAIN Ethiopia's books of accounts for the period July 1, 2021, to June 30, 2022, and also for the subsequent two years pending on availability of funding and also meeting performance requirements.
Proposals should be submitted in hard copies with two separate envelopes: one for the technical proposals and one for the financial proposal. The proposal of the apparent successful bidder will set grounds for future negotiation.
3. Instruction to Bidders
3.1. Objectives and Scope of Audit
The objective of this tender is to have the accounts and related financial reports of the GAIN Ethiopia office to be audited for the period July 1, 2021, to June 30, 2022.
The Scope of the Audit is:
- To conduct a financial audit on books of records of GAIN Ethiopia Office in accordance with International Standards on Auditing, donors' requirements, and the relevant Proclamations by the Ethiopian Government (Organizations of Civil Societies Proclamation No. 1113-2019; A Proclamation to Provide for Financial Reporting).
- To express an opinion on the financial statements of GAIN Ethiopia based on the financial audit.
3.2. Eligible Bidders
This solicitation is open to any duly licensed auditing firm in Ethiopia which appears on the lists of acceptable auditing firms maintained by AABE.
As GAIN Ethiopia is required to produce its International Public Sector Accounting Standards (IPSAS) compliant Audited Financial Report, auditing firms that have experience in auditing IPSAS/IFRS-based accounting is a requirement.
As part of their Technical Proposal, bidders are required to attach as annexes copies of their:
- Certificate of Professional Competence issued by AABE and other related international institutions
- Renewed Trade License with tax clearance certificate for the 2020/2021 or 2014 Ethiopian Fiscal year
- Value Added Tax (VAT) certificate
- Tax Identification Number (TIN) Certificate
- Testimonials from clients preferably for conducting an audit of INGO accounts.
3.3. How to assess the volume of our financial documents?
Interested Audit Firms can assess the volume of our financial documents during working hours by telephone call to 011 661 0088 or 0911 90 04 16.
3.4. How to submit Technical & Financial Proposals
Interested, eligible, and competent audit firms are invited to submit their Technical and Financial Proposals separately in sealed and stamped envelopes to the address stated below before or on July 8, 2022, during working hours.
Please note that all applications should clearly marked as "TECHNICAL PROPOSAL FOR AUDIT OF ACCOUNTS OF GAIN ETHIOPIA" on the technical proposal and "FINANCIAL PROPOSAL FOR AUDIT OF ACCOUNTS OF GAIN ETHIOPIA" on the financial proposal.
GAIN Ethiopia reserves the right to reject any and all non-responsive or otherwise unacceptable proposals.
