Request for Professional Auditing Services

Organisation: Catholic Agency for Overseas Development (CAFOD)

Opening date: 28th June 2021 - Closing date 12th July 2021

Location and Scope: Zimbabwe and Zambia

Catholic Agency for Overseas Development (CAFOD) is an international development charity. We are headquartered in London and have offices in different countries including Zambia and Zimbabwe, where our teams for this programme are based. We are the official aid agency for the Catholic Church in England and Wales. With your help, we reach out to people living in hard-to-reach places, in war zones and those who are discriminated against. We believe that if one of us is hurt, hungry or abandoned, we all are hurt, hungry and abandoned. No one should be beyond the love and support they need to live a dignified life.

Purpose
CAFOD is soliciting proposals from qualified auditing firms to conduct an audit for a grant project funded by the Foreign, Commonwealth & Development Office (FCDO) formerly known as the Department of International Development (DFID).

The period of the audit is between 1st October 2018 to 30 September 2021. Total approximate expense for the project period is £4,760,030.00.

The audit needs to start by 1st September 2021 and a draft audit report submitted by 26th November 2021 and a final report submitted by 10th December 2021.

Scope and Location
Due to COVID-19 and other practical considerations it expected that the audit will be conducted remotely except where practical and necessary to conduct audit work in Zimbabwe and Zambia at the place where the project’s financial management for project activities in those countries is done. In addition to Zambia and Zimbabwe, the project is operating in a third country. For the third country, a local secondary auditor will be selected separately by CAFOD. The primary auditor will then use the local auditor’s work for the whole programme audit.

Documents will also be sent from our offices in London and Nairobi where some of the programme leadership, management and financials are coordinated.
The project is being implemented through partner organisations.

Deliverables
• Draft complete project audit report.
• Copy final complete project audit report.
• Copy of audited financial statement.
• Proposed management letter for CAFOD

Requirements
• Evidence showing minimum of 5 years’ experience of INGO audit.
• Certificate of incorporation as Certified Public Accountant (CPA).
• Evidence showing minimum of three audit experience with Standards of Auditing (ISA) 800 ("Special considerations audits of financial statements prepared in accordance with special purpose frameworks ") or ISA 805 ("Special considerations audits of single financial statements and specific elements, accounts or items of a financial statement").
• Evidence showing a minimum of three audit experiences auditing projects funded by International Institutional donors (such as but not limited to, FCDO, ECHO, EU, SIDA and UN Agencies).

Structure of The Proposal to Be Submitted
• Executive summary: Describe your understanding of the work to be performed and your firm’s ability to perform the work within the timeframe given.
• Professional experience: How and why your firm is the best to deliver and consider this work.
• Team qualifications.
• Detailed audit plan.
• Your fee proposal to conduct the basic audit function, along with your fee schedule for additional services that may be required beyond the scope of the audit engagement.
• Estimated number of days for audit work.
• Client references: List of three relevant non-profit clients the firm has served within the past three years.

Audit Proposal Submission

Terms of Reference for the audit is available on request; please email: dgInternalAuditCompliance@cafod.org.uk

The proposal must be valid for at least 60 Days and must be submitted by email to submissions@cafod.org.uk by 5pm BST on 12th July 2021.