REQUEST FOR EXPRESSION OF INTEREST FOR EXTERNAL AUDIT SERVICES

by Careers

in Auditing
Bidding
Sierra Leone, Freetown
February 28, 2024

Job Overview

  • Date Posted
    February 28, 2024
  • Location
    Sierra Leone, Freetown
  • Expiration date
    March 5, 2024
  • Experience
    5 Years
  • Gender
    Both
  • Qualification
    Bachelor Degree
  • Organization
    A Reputable Company
  • Required Languages
    English

Job Description

 

REQUEST FOR EXPRESSION OF INTEREST FOR EXTERNAL AUDIT SERVICES

A reputable Company based in Sierra Leone is in the process of recruiting a firm for the external audit services of the entity. The company is now inviting for submission of Request for Expression of Interest from registered firms in Sierra Leone to audit the financial statements for the six months period 1 June 2023 to 31st December 2023. 

Audit Objective

The objective of the audit is to obtain reasonable assurance that the financial statements reflect a true and fair view of the financial position of the entity; and that the financial statements follow acceptable regulations and standards. The audit will be performed in accordance with International Financial Reporting Standards (“IFRS”) and International Standards of Auditing (“ISA”). The audit report will include an Independent Auditors Report (Opinion) on the financial statements of the entity. 

 

The Request for Expression of Interest eligibility criteria:

  • Experience of the audit firm with audit reporting under International Financial Reporting standards (IFRS) and International Standards on Auditing (ISA).
  • Provide Audit Methodology, Proposed Work-plan, Curriculum Vitae for the partner, manager and key staff proposed for the audit team.
  • Compliance with National Audit Oversight Body requirements of registration.
  • References for similar audits performed within the last three years and above.
  • Any actual or potential conflict of interest in taking up this role should be highlighted.

The eligible firm must meet the following criteria to be short listed:

  1. Proven experience of 5 years in auditing, accounting etc.
  2. The qualification of the key personnel envisaged to conduct the audit services.

Scope of work

The successful External Auditor will audit the company financial report for the six-month ended 31st December 2023 and will also be required to present the audit report to management. 

The audit will be in conformity with International Financial Reporting Standards (“IFRS”) and International Standards of Auditing (“ISA”). The findings and recommendations shall be included in a management letter with an action plan for recommendations and accounting improvements depending on findings and its implications which shall accommodate management responses. 

 

The assignment will start immediately after signing the contract and for the subsequent years upon receiving a request letter for commencement.

Deliverable

The key deliverables will be:

  1. Audited Financial Statements with opinion indicating if accounting standards have been applied and whether they reflect a true and fair view of the financial position of the entity.
  2. Management Letter 
  3. Draft financial statements to be submitted on or before 31st March 2024.

Submission guidelines:

The Request for Expression of Interest subject line should clearly read, “REQUEST FOR EXPRESSION OF INTEREST FOR EXTERNAL FINANCIAL AUDIT SERVICES.” 

Addressed to:

The Supply Chain & Procurement Manager

SICPA SL Limited

3C Sawi Drive, King Harman Road, Freetown

Or email to:

ishmaelabib.samura@sicpa.com

Closing Date

All Expressions of Interest must be submitted on or before 5th March 2024.