CRS Indonesia Looking for External Audit for Project CAN DO

BACKGROUND

Catholic Relief Services (CRS) is a US–based voluntary organization working in more than 80 countries around the world to assist people, victims of disasters, people in need, and the disadvantaged regardless of race, belief, or nationality. CRS has been operating in Indonesia since 1957 under a Memorandum of Understanding with the Ministry of Social Affairs to support local communities struggling to alleviate human suffering, eradicate poverty, and become self-reliant through the implementation of mother and child health and nutrition programs, agricultural livelihoods, and disaster risk reduction. CRS is also a major player in humanitarian and disaster response intervention in Indonesia. CRS implements its programs in collaboration with local non – government organizations operating in CRS’s geographical target areas.

 

CRS Indonesia implemented the COVID-19 response by improving knowledge, attitudes, and practices related to COVID-19 and supporting health authorities manage the spread and impact of COVID-19 through increased uptake of vaccines. The project geographically targeted underserved communities in Cirebon-West Java, Tegal-Central Java, Pasuruan-East Java, Sampang-East Java, and Aceh. The project strengthens community resilience by providing local communities, including marginalized people, with psychosocial support and mental health referrals; and increasing access to livelihood support for those who have been severely impacted by the economic crisis resulting from the pandemic.

 

As per the project agreement, the project with the budget, with a budget of AUD 561,786.78 will be audited by an independent external auditor assigned by CRS Indonesia. CRS Indonesia is required to submit a project audit report on how funds have been expended this report is to be accompanied by a management letter and shall be submitted in hard copy or a certified scan submitted to Caritas Australia.

 

OBJECTIVE OF THE AUDIT

The objectives of the audit project financial statements are:

1. To authorize the external auditors to convey an independent professional opinion on the financial position of the CAN DO Indonesia COVID-19 Surge Response Project and to ensure that the funds utilized by CRS Indonesia have been used for their intended purpose.
2. To verify that the financial statements are in accord with the program accounts (books of account), which provide the basis for the preparation of the financial statements and are established to reflect the financial transactions in respect of the program maintained by the program implementing entities.

 

SCOPE OF THE AUDIT

This scope of works addresses the requirement for an external audit of financial statements of the CAN DO Indonesia COVID-19 Surge Response Project funded by Caritas Australia from the period of 23 November 2021 – 31 January 2023.

 

The audit subjects are:

1. The financial transaction and consolidated financial statements of the project of the expenditures of CRS.
2. The audit should be carried out following generally accepted either national or International Standards on Auditing (ISA) auditing standards and will include tests and verification procedures as the auditors consider necessary.
3. Sufficient audit evidence should be gathered to substantiate in all material respects the accuracy of financial statements.
4. The information, which is subject to verification by the Auditor, is all information that makes it possible to verify that the expenditures claimed in the consolidated financial statements have occurred and are accurate and eligible according to the established rules and regulations of CRS and donor and only for the purposes for which the funds were provided.
5. Appropriate supporting documents, books of accounts, and records relating to all project activities and expenditures have been kept. The books of accounts and the presented financial statements should have clear linkages.
6. The financial statements have been prepared by CRS management in accordance with applicable accounting standards and give a true and fair view of the financial position of the project and its receipts and expenditures for the period ended on the audit period.
7. Comprehensive assessment of the adequacy and effectiveness of the overall internal control system and the accounting system to monitor expenditures and other financial transactions.
8. The processes and records on which these documents are based.

 

The external Auditor will have to present the audit report to CRS and provide any clarifications required by CRS. The audit report of the auditors should state if the audit was not in conformity with any of the above and indicate the alternative standards of procedures followed.

 

DELIVERABLES OF EXTERNAL AUDITOR

1. Audit Report

The audit report should obviously indicate the auditor’s opinion. This would include at least the following:

a.       The title, addresses, and an opening or introductory paragraph containing: (i) identification of the financial information audited including the period covered; and (ii) statement of the responsibility of the entity’s management and the responsibility of the auditor.

b.       A scope and methodology paragraph describing the nature of the audit referencing: (i) the accounting standards that have been applied and indicate the effect of any deviations from those standards; (ii) the audit standards that were applied (ISAs or national standards); and (iii) the work the auditor performed.

c.       An opinion paragraph closing containing: (i) whether the financial statements and supporting documents present the cash receipts and expenditures in all material respects and that the funds were used for the purpose defined by the work program; (ii) whether the financial transactions reflected in the statements are in accordance with financial regulations and procedures, budgetary provisions and other applicable directives; and (iii) summary assessment of the efficiency of the management and internal control system.

 

In the case of an adverse audit opinion, the auditor should indicate:

a.       The influence on the transactions and receipts included in the financial statement.

b.       The grant conditions that have not been met; and/or

c.       Any unlawful acts identified.

 

Audit reports will be provided in English.

 

2. Management Letter

a.       The auditor should submit a letter to the management after the completion of the audit. The topics/issues to be covered in the letter should include:

b.       An assessment of the efficiency of the administration, management, and internal control system of CRS.

c.       A description of any specific internal control weaknesses noted in financial management. Recommendations to resolve/eliminate the internal control weaknesses noted should be included.

d.       Management comments/responses to audit findings and recommendations.

 

TIMELINE OF THE AUDIT

The audit work shall be completed a maximum of one month from the date of commencement of the audit. A draft audit report should be submitted latest by 25 March 2023 and a final signed audit report with certified statements along with a management letter at the latest by 31 March 2023.

 

QUALIFICATION AND INDEPENDENCE OF EXTERNAL AUDITOR

1. The auditor must be completely impartial and independent from all aspects of the management of financial interests in the entity being audited.
2. The auditor should not, during the period covered by the audit or during the undertaking of the audit, have any financial or close business relationships with any senior participant in the management of CRS. The auditor should disclose any relationship that might compromise his/her independence.
3. The auditor should be experienced in applying either national or ISA audit standards, whichever is applicable to the audit.
4. The auditor must employ adequate staff with appropriate professional qualifications and suitable experience with auditing standards, including experience in auditing the accounts of entities comparable in size and complexity to CRS.
5. Curriculum vitae should be provided to CRS by the principal of the audit institution who would be responsible for signing the opinion, together with the CVs of managers, supervisors, and key personnel proposed as part of the audit team. CVs should include details on audits carried out by the applicable staff, including ongoing assignments indicating capability and capacity to undertake the audit and experience in auditing financial statements.

 

ACCESS TO FACILITIES AND DOCUMENTS

The auditor will have full access at any time to all records and documents such as books of account, legal agreements, minutes of committee meetings, bank records, invoices, contracts, etc. The auditor will have the right access to banks and depositories, consultants, contractors, and other persons or firms engaged by the program management over the period under the audit review.

AUDIT FEES

The audit fees will be determined through a competitive bidding process.

 

LOCATION OF SERVICES

The required service of the external audit will be rendered at the CRS Indonesia Jakarta office at Jl. Cililin II No 4, Kebayoran Baru, Jakarta Selatan

 

CRS encourage qualified candidates to apply regardless of religion, race, gender, sexual orientation or disability, all recruitment practice and procedure reflect CRS commitment to protection children and vulnerable adult from abuse.

 

Only applications that meet the above qualifications will be shortlisted. All applications and CVs should be sent by email to CRS Indonesia at Indonesia_HR@crs.org before or by March 26^th, 2023 and please, indicate CAN DO Audit (Audit Company Name) in the subject.   

 

 

***Our Catholic identity is at the heart of our mission and operations. Catholic Relief Services carries out the commitment of the Bishops of the United States to assist the poor and vulnerable overseas. We welcome as a part of our staff people of all faiths and secular traditions who share our values and our commitment to serving those in need. CRS’ processes and policies reflect our commitment to protecting children and vulnerable adults from abuse and exploitation.

 

CRS' talent acquisition procedures reflect our commitment to protecting children and vulnerable adults from abuse and exploitation.

CRS is an Equal Opportunity Employer

 

"Only short-listed candidates will be invited via e-mail/phone for Interview”