Terms of Reference (ToR)
Uwezo Tanzania is a Non-Governmental Organization with registration number 00NGO/R/09001 registered under the Non-Governmental Organization (NGO) Act, 2002 on 10 January 2020. Uwezo Tanzania is committed to improve competencies in literacy and numeracy among children in Tanzania through an innovative, citizen driven and public accountability approach to social change. For more information visit our website (www.uwezotanzania.or.tz ).
Uwezo Tanzania wishes to engage the services of an audit firm for the purpose of auditing its financial statements for the year ending 31 December, 2022.
The audit shall be carried out in accordance with International Public Sector Accounting Standards (IPSAS) issued by International Public Sector Accounting Standards Board (IPSASB). The auditor shall be responsible to accomplish the following in the course of the given audit assignment:-
•Gather sufficient audit evidence to substantiate in all material respects the accuracy of financial statements.
•Analyze financial statements of Uwezo Tanzania to see if they present fairly, in all material respects, the financial position of Uwezo Tanzania as at 31 December, 2022, and the results of its operations and cash flows for the year then ended in accordance with International Public Sector Accounting Standards and the NGO Act, 2002.
•Point out if Uwezo Tanzania have complied with all terms stipulated in donor contracts.
•Point out if Uwezo Tanzania have complied with all statutory requirements
3.Auditor Independence and Qualification
The Auditors should disclose any relationship that might possibly compromise their independence.
The audit firm should be a recognized firm and experienced in applying audit standards; the audit firm must employ adequate staff with appropriate professional qualifications and suitable experience in auditing the accounts of Not for Profit Organizations.
Curriculum vitae (CVs) of key personnel who will be part of the Audit team should be submitted along with the proposal for provision of audit services to Uwezo Tanzania. CVs should include details on audits of similar organizations carried out by the applicable staff, including ongoing assignments indicating capability and capacity to undertake the audit and experience in auditing financial statements compliant with the IFRS.
4.Access to Facilities and Documents
The financial systems are automated in a web‐based accounting package, the supporting documents in the form of payment vouchers are filed in scanned copies.
The Auditors will have full and complete access at any time to all records and documents (including books of accounts, Donors agreements, minutes of board and management meetings, bank records, invoices, contracts, employee records etc.). The Auditors will have a right of access to banks, consultants, contractors and other persons or firms engaged by Uwezo Tanzania over the period under the audit review.
The scope of the audit shall be stated in the report and the methodology used shall be presented.
The reporting shall be signed by the responsible auditor (not just the audit firm) and title.
The reporting from the auditor shall include an independent auditor’s report in accordance with the format in standard ISA 800/805 and the auditor’s opinion shall be clearly stated, as well as a
Management letter with audit findings and weaknesses identified during the audit process. The auditor shall regardless of materiality, quantify the amount for costs lacking sufficient supporting documentation. The auditor shall make recommendations to address the weaknesses identified and the recommendations shall be presented in priority order. If the auditor assesses that no findings or weaknesses have been identified during the audit that would result in a Management Letter, the auditor shall state that fact.
Measures taken by Uwezo Tanzania to address weaknesses identified in previous audits shall also be presented in the Management Letter.
How to Apply:
Kindly submit your intent Letter and all relevant documents through firstname.lastname@example.org
Deadline for Application: The deadline for submission of EoI is 12th December, 2022. Only successfully companies will be contacted.