INVITATION FOR BIDS FOR Annual Audit for Horti-Life III project (Bid No. 003/25/SNV)

The audit must be carried out in accordance with generally accepted auditing standards and in particular the International Standards on Auditing; ISAs, of the International Auditing and Assurance Standards Board (IAASB).

The agreement and this protocol refer to financial statements drawn up on the basis of the cash accounting system (expenditures and receipts) or accrual accounting system (costs and revenues). The accounting policies should be selected on the basis of the system used by the applicant in preparing the annual financial statements. The accounting policies should be selected based on the system used by the applicant in preparing the annual financial statements. The accounting policies used in the approved budget submitted for the grant application must correspond with those used in the related financial statements. They must also be consistent with the annual financial statements. Any changes to the system must be accompanied by explanatory notes and figures.

Audit of financial statements prepared in accordance with a special purpose framework pursuant to ISA 805

Minimum Qualifications

Each organization must meet the following minimum qualifications.
5.1. Properly licensed to practice public accounting as a CPA firm or international equivalent.

5.2. properly renewal licence and get updated license from the regulatory body responsible for licensing accounting and auditing professionals AABE. (applicable for Ethiopia)
5.3. Independent of SNV.
5.4. Have no undisclosed real, apparent, or perceived conflicts of interest with respect to SNV and within the context of the Scope of Work. Should the bidder be aware of such potential conflicts of interest, the respondent acknowledges and agrees that it has made or will cause to be made a disclosure of each such instance.
5.5. Is not suspended, debarred, or proposed for debarment by any government.
5.6. Has not been subject to any professional disciplinary action during the last three years. If the bidder has been subject to such disciplinary action, details of such information should be declared. This may be provided under separate cover and declared proprietary, if desired.
5.7. Has prior experience auditing organizations following ISA Standards
5.8. Designated signing partner has prior experience auditing international NGO.

Please use two forms/declarations found at the last page of this ToR.