Audit
Terms of Reference
FOR AUDIT OF Plan International Asia Regional
Office, Thailand, Indonesia and Philippines “Climate Change Adaptation with and
for Children in Southeast Asia” FUNDED BY BMU
Responsibilities:
Audit Objectives and Scope : The
Audit shall confirm the identity of the project concerned and in which way the
audit has been carried out. The objective of the audit is to express an
independent professional opinion on: Whether the financial
position of the funded project, funds received and expenditures for the
reporting period are presented fairly in all material respects in the financial
report and in accordance with donor requirements. Any rules and regulations,
stricter than the donor rules and regulations lined out in the Channeling
Agreement and FAD (Funding Agreement Document), between the different parties
of the project are internal and are not subject to the audit. Whether the funds
have been used in conformity with the provisions of the donor contract,
including approved budget and work plan and any amendments. Whether the
financial report agrees with the financial accounts which provide the basis for
preparation of the financial report and reflect the financial transactions of
the project. Whether the financial report agrees or reconciles with other information
reported to the donor such as narrative reports. Based on a representative
selection, the expenditures are supported by original bills, duly cancelled,
stamped and signed. Appropriate and approved internal procedures for authorizing
disbursements have been adhered to. Based on representative selection, the
expenditure dates in the invoice list are recorded based on the date of
payment. Accordingly, the expenditure breakdown per year in the financial
report is also based on date of payment, and Donor’s
procurement guidelines as set out in appendix 3 have been followed. In the
event of conflict between donor’s guidelines and internal guidelines, donor’s
guidelines take precedence. Responsibility for Preparing the Financial Report :The responsibility for the preparation of
the consolidated financial report for each implementing organization covered by
the audit, if applicable, lies with Plan International Indonesia.
Financial Statements : The auditor’s certificate shall be structured according to the quantitative documentary proof of the statement of application of funds (appendix 2). The financial statements should furthermore include the following components: In the local currency, an Income and Expenditure Statement showing funds received and all expenditures. Expenditures should be reported against the budget in local currency[1] as defined in the donor contract for the period with the actual expenditure allocated to the same budget categories; A statement of financial position. A statement of changes in net assets. Expenditure which exceeds the budget appropriations by more than 20% shall be notified. Supplemental statements on assets, including a listing of all assets above (410 EUR excl. VAT[2]) purchased with grant funds. Any other footnotes applicable.
Auditor’s report: The audit shall be conducted in accordance with International Standards on Auditing (ISA) 800 “The Independent Auditor’s Report on Special Purpose Audit Engagements and as promulgated by the International Federation of Accountants and that standards used for the preparation of the financial statements are in accordance with the International Financial Reporting Standards.”
Management Letter : The auditor shall also, attached to the Auditor’s Report, submit a Management letter which needs to describe the purpose and the agreed-upon procedures of the engagement in sufficient detail to enable the reader to understand the nature and the extent of the work performed. The Management letter shall also include factual findings.
Outputs and Deliverables: The audit shall be conducted in Indonesia based on the financing plan. An audit report shall be submitted, including the Management Letter. The draft report shall be submitted to Plan International Indonesia and to GNO. The country office will be responsible for the revision of the draft report, with support of GNO. Therefore, a direct coordination between the auditor and the local office is expected.
Financial Statements : The auditor’s certificate shall be structured according to the quantitative documentary proof of the statement of application of funds (appendix 2). The financial statements should furthermore include the following components: In the local currency, an Income and Expenditure Statement showing funds received and all expenditures. Expenditures should be reported against the budget in local currency[1] as defined in the donor contract for the period with the actual expenditure allocated to the same budget categories; A statement of financial position. A statement of changes in net assets. Expenditure which exceeds the budget appropriations by more than 20% shall be notified. Supplemental statements on assets, including a listing of all assets above (410 EUR excl. VAT[2]) purchased with grant funds. Any other footnotes applicable.
Auditor’s report: The audit shall be conducted in accordance with International Standards on Auditing (ISA) 800 “The Independent Auditor’s Report on Special Purpose Audit Engagements and as promulgated by the International Federation of Accountants and that standards used for the preparation of the financial statements are in accordance with the International Financial Reporting Standards.”
Management Letter : The auditor shall also, attached to the Auditor’s Report, submit a Management letter which needs to describe the purpose and the agreed-upon procedures of the engagement in sufficient detail to enable the reader to understand the nature and the extent of the work performed. The Management letter shall also include factual findings.
Outputs and Deliverables: The audit shall be conducted in Indonesia based on the financing plan. An audit report shall be submitted, including the Management Letter. The draft report shall be submitted to Plan International Indonesia and to GNO. The country office will be responsible for the revision of the draft report, with support of GNO. Therefore, a direct coordination between the auditor and the local office is expected.
The
final auditor’s report shall be submitted to Plan International Germany, in a
digital and two hard copies. All reports are to be submitted in English.
Tentative Timeline
Deadline for submission
of proposals
|
15/01/2019 24:00 hr (Jakarta time)
|
Selection of award
|
31/01/2019
|
Field work and audit report preparation in Indonesia (CO)
|
01/03/2019 - 30/04/2019
|
Submission of first draft audit report to Plan International (CO and
GNO)
|
30/04/2019
(reviewed by Plan until 10/05/2019)
|
Submission of second version of the draft audit report to Plan
International (CO and GNO)
|
15/05/2019
(reviewed by Plan until 25/05/2019)
|
Submission of final audit report to Plan International Germany
|
31/05/2019
|
Location of Financial Reports and Supporting
Documents : The financial reports and supporting
documents are kept at different sites in the implementing countries.
Plan International Indonesia:
-
Plan International
Indonesia – Country Office, Menara Duta Building, 2nd Floor wing C, Jl HR
Rasuna Said, Kav B9, Kuningan, Jakarta Selatan12910, Indonesia: documenting
expenditures by CO expenditures
-
PU Office Jl. Sam
Ratulangi V No. 24, Walikota – Kupang - NTT: Project Unit documents
-
PMPB Office, Jl.
Waetama II, RT.010/RW.003 Kompleks Perumnas, Kel.Nefonaek, Kec. KOta Lama, Kota
Kupang, NTT: documenting expenditures by PMPB
-
CIS Timor Office,
Jl. Waetama II, RT.010/RW.003 Kompleks Perumnas, Kel.Nefonaek, Kec. KOta Lama,
Kota Kupang, NTT: documenting expenditures by CIS Timor
If you want to know more the details about this position please let us
know by send email to Angel.Christy@plan- international.org
All applications will be
treated in confidence. Only short-listed candidates will be notified and
invited for interviews. Please submit your letter of application and detailed
curriculum vitae in English by email not later than Januari 15,
2019 to: Angel.Christy@plan- international.org
Please
fill the 'subject' column of the e-mails in this format: (The
Position)–(Your Name). File attachment not later than 1MB.
Yayasan
Plan International Indonesia seeks to improve the lives of the most
marginalized, particularly girls, women, and people with disability. We
encourage people form diverse backgrounds and experiences, particularly women
and people with disability to apply
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