Audit Services ? Consultant (firm)
Republic of the Union of Myanmar
Office of the Auditor General of the Union
Modernization of Public Finance Management Project (MPFMp)
Request for Expressions of Interest for Audit Services ?Consultant (Firm)
REOI No.:MPFMp/D2-C122 ClosingDate: 23 May 2016
The Project is seeking torecruit a national Consultant (firm) to assistthe Office of the Auditor General of the Union (OAG) to carry out theaudit of theproject's financial statements and to build the capacityof their staff. Theobjective of the audit of the Project Financial Statements (PFSs) is to enable the auditor to express a professional opinion(s) onthe project's receipts and expenditures for the accounting period. The project's books ofaccount provide the basis for preparationof the financial statementsand are established to reflect the financial transactions in respect of the project.The proposed periodof the first project audit will cover 18 months from October 9, 2014 to March 31, 2016.
The audit of the project will be carried outin accordance with International Standards on Auditing, and special attention should be paid by the auditor as towhether:
(a) All sources of funds have beenused in accordance with the conditions of the relevant financing and grant agreements;
(b) Goods, works and services financedhave been procured in accordance with the relevant financing agreements;
(c) All necessary supporting documents, records, and accountshave been maintained in respect of all project activities;
(d) Designated Accounts have beenmaintained in accordance with the provisions of the relevant financing agreements and funds disbursed out of the Accounts were usedonly for the purpose intended in the financing agreement;
(e) The financial and accountingprocedures approved for the project were followed and used;
(f) Assets procured from project fundsexist and there is verifiable ownership by the implementing agency or beneficiaries in line with the financingagreement.
(g) Ineligible expenditures included inwithdrawal applications are identified and reimbursed to theDesignated Accounts.
The extended scope of work will include the capacity building of the OAG staff on general auditing principles and specifically for audit of developmentprojects.
The Consultant is required to demonstrate the following as a minimum:
For a qualifying firm, it is envisaged thatthe firm will meet the following qualification requirements and experience:
· Be a legal entity registered in Myanmar AccountancyCouncil;
· Be an entity acceptable to the Governmentand the World Bank as being capable of conducting audits in accordance withinternational auditing standards;
· Experience in auditing in the publicsector;Experience in auditing of the World Bank and/or donor funded projects
· Experience in auditing in the region andin Myanmar.
For Auditors-in general
· Auditorsshould hold relevant professional and educational qualifications. They should register as Public PractisingAccountants in Myanmar Accountancy Council;
· Auditors should have an in-depth experience in conducting audits of donorfunded projectsand project financial statements;Auditors should haveexperience in auditing in the region and Myanmar with relevant languageskills.
Theassignment is for an estimated duration of 1 month as a full time assignment. The location of the assignments is in Nay Pyi Taw,Myanmar.
MPFMp now invites eligible consultant firms to indicate theirinterest in providing the above mentioned services. Interested consultants must provide information, indicating thatthey arequalified to perform the services, to be submitted along with expression of interest.
Interested consultants may obtain further information at theaddress below during office hours [i.e. 1000 to 1600hours] or by sending an E-Mail to:email@example.com
Expression of interest must bedelivered to the address below by 1600 hours on 23 May 2016 to:
Daw Khin San Oo, Permanent Secretary, Office of the Auditor General ofthe Union
c/o Modernization of Public Finance Management Project Unit
Bldg No 12, Nay Pyi Taw, Myanmar
Email ids: firstname.lastname@example.orgemail@example.com