Promote Livelihood and Education with Lifelong Learning (PLE-2) Project Auditor
- Career Category: Accounting - Taxation / Audit
- Location: Ratanak Kiri Province
Audit Objectives
The objective of the audit is to enable the auditor 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 MA donor requirements;
- Whether the funds have been used in conformity with the provisions of the donor contract, including the approved budget and any amendments;
- Whether the financial report agrees with the financial accounts which provide the basis for the preparation of the financial report and reflect the financial transactions of the project; and
- Whether the financial report agrees or reconciles with other information reported to the donor such as narrative reports.
Responsibility for Preparing the Financial Report
The responsibility for the preparation of the consolidated financial report for each implementing organization covered by the audit.
Financial Statements
The financial statements should include the following components:
- The financial statement has been prepared in accordance with the modified cash basis of accounting. This is a basis of accounting that is designed to meet the requirement of the Organization.
- In the currency of the donor contract, an Income and Expenditure Statement showing funds received and all expenditures. Expenditures should be reported against the budget 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
- Any other footnotes applicable.
- Supplemental statements on advances and fixed assets, including: (a) a statement or annex showing partner advances and reconciliation of total amount advanced by MA grant with recorded expenditure and cash balances at the end of the reporting period, (b) a listing of all fixed assets purchased with grant funds.
Note: Find more details at ToR attachment below
