Request for Proposal for Provision of External Audit Services at GROOTS Kenya

Scope of work

• Conducting annual independent audit of the Organization in line with International Standards on Auditing (ISAs), applicable laws and Financial Reporting Standards.
• Expressing an independent opinion as to whether the financial statements are prepared, in all material respects, give a true and fair view of the financial position of the organization,in accordance with the applicable financial reporting standards and frameworks.
• Assess the adequacy and effectiveness of the organization’s internal control systems and advise the Management and Board for improvements.
• Review compliance with applicable laws, donor requirements, and financial policies.
• Report any material misstatements, irregularities, or weaknesses in internal control.
• Provide a management letter with recommendations for improvements.

Applicant’s Eligibility Criteria

• Be a registered audit firm with the Institute of Certified Public Accountants of Kenya (ICPAK) and partners must hold current practicing certificate.
• Partners of the audit firm should have good standing record with ICPAK
• The firm should have been in operation for a period of at least ten (10) years.
• Have demonstrated experience in auditing not-for-profit organizations.
• Possess qualified personnel with relevant audit and accounting expertise.
• Independence and avoidance of conflicts of interest.
• Able to provide references from other clients, particularly from not-for-profit organizations.