TERMS OF REFERENCE
Short Consultancy for Auditing
The Project titled; “We Can’t Wait”
NAGAAD is a leading Network representing 45 Women organizations in Somaliland and has been working to create an enabling environment for women in Somaliland since its inception in 1997. NAGAAD’s program on women empowerment of different aspects in particular to We Can’t Wait project year one (2021). Currently NAGAAD is implementing project titled in Somaliland, which project is serving to improve gender equality and women empowering in their participation of economic, political, social and public services, as well build capacity of women’s participation in the leadership positions.
The purpose of the Audit is to conduct independent auditing services for the implementation of the project titled; “We Can’t Wait” and verify on the books of the project and financial performance in accordance with International Standards on Auditing (ISA) and the objectives specified in the Terms of Reference.
The overall objectives of the Audit to provide independent assurance that the funding has been used for the intended purposes
The auditor must;
The auditor should report any observations/findings on each of the above section in the Management Letter.
The auditor is expected to present two types of reports: An opinion on the Financial Statements and a report on the internal control of the organisation called a Management Letter.
NAGAAD Network will make available to the auditor, the following documents and records: –
The following services and outputs are expected from the Auditor:
The final Audit report should be submitted in hard copy and soft copy of the signed report in PDF format to the Executive Director, who will approve the report.
During the implementation of this assignment, the Auditor will undertake his/her assignment independently and according to the Terms of Reference agreed.
The methodology to be proposed by the Auditor in the implementation of this assignment may cause revision of the proposed methodology before the commencement of this assignment.
The services of the Auditor will be engaged for a period of Ten days (10) and planned proposed schedules is from 15th February – 24th February 2022. The activity plan proposed below will be reviewed and agreed by the consultant and NAGAAD commencement of the assignment.
|No||Activity||# Of Days||Location||Responsibility
|1||Briefing by NAGAAD, signing contract and start verification of document||1||Hargeisa||Auditor|
|2||Continue verification of document and Audit report writing||4||Hargeisa||Auditor|
|3||Drafting Audit report||4||Hargeisa||Auditor|
|4||Submission of final Audit report||1||Hargeisa||Auditor|
|Number of Days||10|
The auditor should be experienced in applying either International Standards on Auditing (ISA) or International Organisation of Supreme Audit Institutions (INTOSAI) audit standards, whichever is applicable for this audit. The auditor must employ adequate staff with appropriate professional qualifications and suitable experience with ISA or INTOSAI standards, including experience in auditing the accounts of entities comparable in size and complexity to the organisation being audited.
The following shall be essential:-
The consultant will report to and receive initial briefing from the Executive Director at the head office of NAGAAD and will be under the direct supervision of the Executive Director.
During the assignment, NAGAAD will provide the consultant such necessary resources required for the successful execution of the assignment. This will include transport, and any other relevant support requested by the consultant.
Those interested in applying can send their proposals to NAGAAD NETWORK office through Email:firstname.lastname@example.org with email subject of: “SIHA NETWORK Provision of Audit Services for” WE CANT WAIT PROJECT” not later than 9th February 2022.
Deadline for the application submission is 9th February 2022.
All applications will be reviewed on rolling basis
Address: NAGAAD NETWORK Somaliland, Badcas Area, Hargeisa, Somaliland
Tell: +252 2 527163