African Forum for Agricultural Advisory Services

CALL FOR EOI FOR PROVISION OF EXTERNAL AUDIT SERVICES (STATUTORY AUDIT) AND TERMS OF REFERENCE PROVISION OF STATUTORY AUDIT SERVICES (EXTERNAL AUDIT FOR THE FY 2022-2024

1) Background:

African Forum for Agricultural Advisory Services (AFAAS) is a Continental body that brings National Agricultural Extension and Advisory Services (AEAS) providers in Africa under one umbrella. The AFAAS has received grant funding from the European Union managed by the International Fund for Agricultural Development (IFAD) under Grant Number: 2000002981 towards the implementation of the Comprehensive Africa Agriculture Development Programme ex-pillar IV (CAADP XP4) organisations under the initiative “Development Smart Innovation through Research in Agriculture (DeSIRA)” Project. For the implementation of project activities, AFAAS will conduct procurements for goods, consulting and non-consulting services, in accordance with the IFAD Procurement Handbook and IFAD Procurement Guidelines.

In accordance with the general provisions for EU Grant Financing, AFAAS is required to have its accounts audited regularly in accordance with the standards and procedures outlined in the Conceptual Framework for Financial Reporting and Auditing of IFAD-Financed Projects and related IFAD Handbook and shall include a separate audit opinion on the SOEs presented to IFAD with the supporting Transaction lists and management letter which shall be annexed to the institutional financial statements or presented separately and submitted to IFAD within six (6) months of the end of the AFAAS Fiscal Year. In line with the General provisions for Grant Funding, the AFAAS is required to appoint an independent Auditor to audit the accounts relating to the project in accordance with the IFAD Handbook on Financial Reporting and Auditing.
The Auditor engagement period shall be for a period of three (3) years, subject to satisfactory performance as assessed annually by AFAAS and IFAD. It is IFAD/AFAAS policy that audit services shall be launched after every three (3) years with the incumbent able to apply. Therefore, AFAAS is soliciting the services of a reputable Independent auditor registered in Uganda to audit the financial records and reports of the project and for the next three Financial Years (2022 to 2024).

2) Objectives of the Consultancy:

a) The broad objective is to provide external audit services for a period of three (3) years, annually renewable, for the financial years ending December 2022 to 2024.
b) The specific objective is to enable the auditor express an Independent Professional Opinion on whether the Financial Statements (including additional disclosures as outlined in section 6) present fairly, in all material aspects, the financial position of AFAAS as at 31st December, and or the results of its operations and its cash flows for the years then ended, in conformity with the International Financial Reporting standards (IFRS).
3) Duration of the Assignment
The assignment shall initially be for three years (3) 2022-2024; annually renewable, for the financial years ending December 2022 to 2024.

4) Auditors Experience and Qualifications
The auditor will employ staff with appropriate professional qualifications and suitable experience with IFAC standards and with experience in verifying financial information of entities comparable in size and complexity to the AFAAS – to include Audit Partner; Audit Manager; Senior Auditor and Assistant Auditor. In addition, the audit team as whole should have:
a) Experience with programme and projects related to donor funded projects by national and/or international donors and institutions.
b) It is desirable that the team leader and, where applicable, the fieldwork team, i.e. either the audit manager (category 2) or the senior auditor (category 3) have:
(i) Experience with audits of IFAD
(ii) Experience with audits in Eastern Africa (Uganda).
(iii) Experience with audits of NGOs and Not-for-Profit Organizations;
(iv) Sufficient knowledge of relevant laws, regulations and rules in the countries concerned (Kenya, Cameroon, Malawi, Uganda, Madagascar, Ethiopia, Ghana, Liberia, Nigeria, Mali and South Africa). This includes but is not limited to taxation, social security and labor regulations, accounting and reporting.
(v) Fluency in English
(vi) A good knowledge of agricultural research & development and innovation issues in Africa.

Interested firms should submit their Technical and Financial Proposals using the forms provided for this purpose within the Request for Proposals (RFP). Your proposal should comprise one (1) original and one (1) copy of both the technical and financial proposals together with updated CVs for each of the team members to the address provided below. Electronic submissions shall be accepted.

The Technical and Financial proposals shall be submitted no later than 3:00 p.m EAT 12th December, 2022 addressed to the AFAAS Executive Director at the address below or electronically on email: secretariat@afaas-africa.org; Copying msnahdy@afaas-africa.org and pwanzala@afaas-africa.org.

The Consultant will be selected based on the “Quality Cost Based Selection (QCBS)” procurement method by IFAD Procurement Handbook (approved in September, 2010). Interested individuals may obtain detailed information on the assignment at the address below from 08:00 – 17:00 (local time) latest December 6, 2022.

Dr. Silim M. Nahdy
Executive Director, AFAAS,
Kigobe Road; House No. 26; Minister’s Village;
P.O BOX 34624 Kampala, Uganda
Telephone: +256-312313400.

Further information may be obtained from the Director Finance and Administration; Email: cmubiru@afaas-africa.org;

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