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Consultants to conduct the ACAR Audit for Fiscal Year 2025

with CARE Cambodia
Invitation for Bids

BTDC-ID: 36366
Closing Date:

Bid Components

Consultants to conduct the ACAR Audit for Fiscal Year 2025

Announcement Description

Introduction

CARE is an international development organization fighting global poverty with a special focus on working with women and girls to bring sustainable changes their communities. CARE aims to tackle the underlying causes of poverty and social injustice and to bring lasting change to the lives of poor and vulnerable people. Founded in 1945, today CARE works in over 100 countries around the globe and supporting approximately 1,500 poverty-fighting development and humanitarian aid projects to reach more than 92 million people directly and 433 million people indirectly. CARE works with partners to achieve lasting results for marginalised communities.

CARE has been working with Cambodians since 1973, with an office in Phnom Penh since 1991. Today, CARE focuses on empowering particularly marginalised and vulnerable women in Cambodia, including urban women who are marginalised by occupation, rural women who are denied multiple rights, and women and girls form ethnic minorities. Each year CARE Cambodia implements around 10 projects, reaching approximately 250,000 direct participants and about 500,000 people are reached indirectly.

Background:

CARE is committed to maintaining the trust of donors and stakeholders by conducting an annual statutory audit through a recognized audit firm. This audit ensures compliance with organizational policies, donor requirements, and legal standards. It involves a thorough review of financial records, operational procedures, and program activities to identify areas for improvement and reinforce internal controls. Whether routine or event-driven, the audit requires full cooperation from relevant staff. Its ultimate goal is to enhance transparency, accountability, and continuous organizational improvement.

Bid Components

Consultants to conduct the ACAR Audit for Fiscal Year 2025

  • Career Category: Consultancy
  • Location: Phnom Penh

Objective:

To uphold donor and stakeholder trust by conducting a statutory audit that ensures compliance, strengthens internal controls, and promotes transparency, accountability, and continuous improvement across CARE’s operations.

Scope of Work:

The audit’s scope of work may include the following key areas, as guided by the CARE’s tool:

  • Financial Review:
  • Examination of financial statements and accounting records.
  • Verification of income, expenditures, assets, and liabilities.
  • Assessment of compliance with financial reporting standards.
  • Compliance Assessment:
  • Review of adherence to CARE’s internal policies and procedures.
  • Evaluation of compliance with donor agreements and legal regulations.
  • Operational Procedures:
  • Analysis of procurement, human resources, and administrative processes.
  • Identification of inefficiencies or risks in operational workflows.
  • Internal Controls:
  • Assessment of existing control mechanisms.
  • Recommendations for strengthening risk management and accountability.
  • Staff Engagement:
  • Interviews and consultations with relevant staff.
  • Collection of supporting documents and clarification of processes.
  • Reporting:
  • Preparation of an audit report detailing findings, risks, and recommendations.
  • Presentation to management and relevant stakeholders.

Deliverables:

The auditor will provide the following deliverables:

  • Audited Financial Statements for CARE’s Fiscal Year 2025 (01 Jul. 2024 to 30 Jun. 2025) in English and Khmer aligning with Cambodian International Financial Reporting Standard for Not-For-Profit Entities (CIFRS for NFPEs).
  • Management letter highlighting observed weaknesses in the system of internal control and the recommendations to address the identified issues.

Timeline:

The audit exercise is required to start on October 01st, 2025, and the final audit report should be available on or before December 31st, 2025.

Bidder Eligibility

  • The ideal consultant should possess the following qualifications:
  • Experience in Auditing Garment Factories: Prior experience auditing garment factories for labor practices, including gender equity and workplace conditions, is necessary.
  • Expertise in gender equity, diversity and inclusion, and organizational development.
  • Experience in conducting assessments, identifying challenges, and providing actionable recommendations.
  • Strong analytical and communication skills.
  • Familiarity with relevant literature and best practices in gender equity initiatives.

Submission Requirements

Budget:

Interested agencies should submit a detailed budget proposal that outlines all expected costs related to the audit work, including fieldwork, reporting, and any other relevant expenses. The budget should be competitive and justifiable based on the proposed scope of work.

Submission of Proposals:

Interested agencies should submit their proposals to the email provided with the contact details by September 12, 2025. The audit application should be included:

  • Qualifications and experience of the agency and team members.
  • Proposed activities and timeline.
  • Budget with a summary of costs.
  • Contact information for references from previous clients or partners.

Selection Process:

The selection process will include a review of all submitted applications, interviews with shortlisted agencies, and reference checks. The agency that best demonstrates its ability to meet the primary objective of this audit (within the proposed timeframe) with most relevant qualification and experience will be selected.

For any inquiries or additional information, please contact Senior Procurement Officer via email.

CARE is an equal opportunity employer committed to a diverse workforce. All qualified applicants are encouraged to apply, including women, LGBTQI+ individuals, people with disabilities, members of ethnic minorities and members of other marginalized groups. CARE International in Cambodia is committed to protecting the rights of children. CARE International in Cambodia reserves the right to conduct screening procedures to ensure a child safe environment.

 
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Contact Details

Contact Name
  • CARE Cambodia
 
Email
 
Website