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  • Posted: Mar 7, 2018
    Deadline: Mar 30, 2018
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    Feed the Children is an international, non-profit relief organization that was founded in 1979 with headquarters in Oklahoma City, United States of America. In Kenya, Feed the Children was registered in 1993 under the Non-Governmental Organization Coordination Board Act. Feed the Children Kenya office’s first program in the 1990s was the Dagoretti Chil...
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    Provision of external audit services for period 2017 to 2018

    Feed the Children Office in Kenya seeks proposals for provision of external audit services from independent qualified auditors for a period of 3 years. The financial years ending 30th June 2018, 30th June 2019 and 30th June 2020

    Auditor’s Responsibility

    • To express an opinion on the financial statements of Feed the Children in Kenya based on an audit conducted in accordance with International Standards on Auditing.
    • The audit is expected to involve performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements.
    • The audit is also expected to involve a review of the Organization’s internal controls, evaluation of the appropriateness of accounting policies used, the reasonableness of accounting estimates made as well as evaluating the overall presentation of the financial statements.
    • The auditor will be expected to act as the organization’s tax consultant

    Qualifications of the Auditor

    • Be registered with the Institute of Certified Public Accountants of Kenya (ICPAK) and its partners must hold valid practicing certificates. A Quality Assurance Review by ICPAK is added advantage
    • The firm should demonstrate that it has the capacity, capability and experience required to undertake the audit within 14-21 working days. The firm must have a physical address and valid business permit.
    • The firm should hold a valid registration and tax compliance certificate.
    • Bidding details
    • Interested entities should submit an expression of interest with the following
    • Confirmation of the Firm’s understanding of the Terms of Reference and its capacity and capability to deliver on the Terms of Reference
    • Organizational profile preferably demonstrating previous experience working with Not-for-Profit donor funded organizations. The names and contact information for other, similarly sized clients of the partner and manager that will be assigned to our organization should be provided.
    • The methodology, work plan and time line for undertaking and completing the assignment and deliverables
    • Proof of registration with ICPAK and Partners’ Practicing Certificates;
    • Financial proposal detailing proposed fees and/or expenses.
    • The firm should have been in existence for at least 10 years prior to June 30th 2018

    Additional information

    • The Technical Proposal shall provide the following information.
    • A brief description of the firm and its affiliations with other firms or group of firms. The firm size by number of employees and number of certified employees, an outline of recent experience on assignments of a similar nature. For each assignment, the outline should indicate among other things the profiles of the staff proposed, , duration of the assignment, contract amount and firm’s involvement.
    • Any comments or suggestions on the Terms of Reference, a list of services and facilities to be provided by the Client.
    • A description of the methodology and work plan for performing the assignment.
    • The list of the proposed staff team by specialty, the tasks that would be assigned to each staff team member and the hours.
    • CVs recently signed by the proposed professional staff and the authorized representative submitting the proposal. Key information should include number of years working for the firm/entity and degree of responsibility held in various assignments during the last five (5) years.
    • A detailed description of the proposed methodology, staffing and monitoring of training, if specified training as a major component of the assignment.

    Auditor Independence

    The auditor must be completely impartial and independent from all aspects of management or financial interests in Feed the Children. The auditor should not, during the period covered by the audit nor during the undertaking of the audit, be employed by, serve as director for, or have any financial or close business relationships with any senior participant in the management of Feed the Children. The Auditor should disclose any relationship that might possibly compromise his/her independence.

    NB: The Technical Proposal shall not include any financial information. Financial proposal be sent as a different document and should include billing rates by different classes of professional personnel.

    Method of Application

    Interested audit firms that meet the above requirement are requested to submit their proposals on or before 30/03/2018 by 5.00PM. The proposals should be sent via email to procurement.kenya@feedthechildren.org and cc to info-kenya@feedthechildren.org. For any inquiries get in touch with Moses Thuo – 0722202958, +254 20 350-4229

    Bids/Proposal should be addressed to:

    Regional Director,
    Feed the Children - Kenya
    P.O Box 2999 – 00621
    Nairobi, Kenya

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