Introduction
Ethiopian Society of Sociologists, Social Workers and Anthropologists (ESSSWA) is a professional association of Sociologists, Social Workers and Anthropologists, founded in 1996. Since its establishment, ESSSWA has successfully managed different projects and currently has been implementing two big projects in collaboration with USAID, UNICEF and government partners with the objective of establishing a responsive social service system all over the country.
Ethiopia has already embarked on adopting International Financial Reporting Standards (IFRS) and International Public-Sector Accounting Standards (IPSAS) formally in its accounting system by issuing proclamation No.847/2014 for financial reporting and regulation No. 332/2014 “for the establishment and determination of the procedure of the accounting and auditing board of Ethiopia.”
As per the IFRS adoption roadmap determined by the Accounting and Auditing Board of Ethiopia, transition to IFRS/IPSAS adoption and reporting for all not-for-profit organizations operating in Ethiopia is scheduled to take place starting 2010/2011 Ethiopian Fiscal Years, respectively. These legislation and rules, therefore prescribe the country’s legal framework for preparation of the Annual Financial Statements (AFS) which have been consistently applied over time.
To meet the revised reporting requirement using IPSAS, ESSSWA is looking for a consulting firm for the conversion to IPSAS.
Objective of the consultancy Work
The main objectives of the assignment are:
Expected Deliverables
Technical assistance to ESSSWA
Training and workshops