Recruitment of an Independent External Audit Firm
- Career Category: Call for Proposals
- Location: Kampong Thom Province
Assignment Details
AFD invites proposals from registered, independent and qualified audit firms with appropriate professional qualifications and authorization to conduct audits in Cambodia. Preference will be given to firms with relevant experience in auditing non-profit organizations and donor-funded projects.
The assignment covers the independent audit of AFD's financial statements and donor-funded project/program financial reports for the year ended 31 December 2026, in accordance with applicable International Standards on Auditing (ISA) issued by the International Auditing and Assurance Standards Board (IAASB), relevant accounting requirements and donor agreements.
The engagement will also include additional agreed-upon procedures in accordance with ISRS 4400 (Revised), as specified in the Terms of Reference.
Particulars: Details
Position: Independent External Audit Firm
Contract duration: 45 days
Assignment period: 1 January – 15 February 2027
Audit period: 1 January – 31 December 2026
Budget: Negotiate
Location: AFD, Kampong Thom Province
Eligibility
- AFD will evaluate proposals based on the following criteria:
- Relevant Experience: At least five years of experience in auditing non-profit organizations and donor-funded projects.
- Organizational Experience: A list of similar assignments and non-profit organizations previously served by the audit firm.
- Technical Capacity: Qualifications, experience and CV of the proposed engagement partner/team leader and key audit personnel.
- Availability and Commitment: Ability to assign a qualified audit team and complete the engagement within the agreed timeframe.
- Audit Methodology: A detailed audit plan and methodology, including the approach to risk assessment, fraud detection, audit sampling and verification of expenditures.
- Team Composition: Estimated working hours by staff classification, including engagement partner, audit manager, senior auditors and junior auditors.
- Staff Continuity: Information on staff retention and arrangements to ensure continuity of the assigned audit team.
- Financial Proposal: Proposed professional fees, including a breakdown of anticipated expenses such as transportation, accommodation, per diem and communication costs.
- Additional Services: Proposed fees and hourly rates for services outside the agreed scope, if required. Firms are also requested to indicate indicative audit fees for the second and third years, should AFD consider future engagements.
- Timeliness: Ability to meet the audit schedule and reporting deadlines specified in the Terms of Reference.
