Background
Opportunities Industrialization Center (OICE) is a not-for-profit and nongovernmental local organization licensed by the Federal democratic republic of Ethiopia, Agency for Civil Society Organizations under registration number 0187. OICE was established to contribute to the sustainable social and economic development of poor and vulnerable women and youth, and refugees in Ethiopia through capacity building, livelihood support, and sustainable job creation. Recently, in collaboration with Save the Children International (SCI), OICE is finalizing the implementation of a program entitled Livelihood Improvement for Women and Youth (LI-WAY) in Addis Ababa. The program aimed to create decent jobs and income for 1200 youth and women in Addis Ababa through skill development and market linkage.
Opportunities Industrialization Center Ethiopia (OIC E) now wishes to engage the services of an audit firm to audit the SCI (LIWAY) programme, as stipulated in the agreement between Opportunities Industrialization Center Ethiopia (OIC E) and SCI. The audit shall be carried out per international audit standards issued by IAASB. The audit shall be carried out by an external, independent, and qualified auditor.
Rationale for Audit Service
The rational for the need to to audit the financial report is Opportunities Industrialization Center Ethiopia (OIC E) wishes to engage the services of an audit firm for the purpose of auditing the SCI LI-WAY project, as stipulated in the agreement between Opportunities Industrialization Center Ethiopia (OIC E) and SCI. The audit shall be carried out in accordance with international audit standards issued by IAASB. The audit shall be carried out by an external, independent and qualified auditor.
Objectives and scope of the audit
The objective is to audit the financial report for the period 01 July 2021 – 31 October 2022) as submitted to SCI and to express an audit opinion according to ISA 800/805 on whether the financial report of LIWAY programme is in accordance with SCI´s instruction for financial reporting as stipulated in the agreement including appendix between SCI and Opportunities Industrialization Center Ethiopia (OIC E) and training centre.
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Eligibility criteria for the selection of the consultant