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CARE Ethiopia Call for the Audit of Accounts of Care Ethiopia:

Call for the Audit of Accounts of Care Ethiopia:

Bid Number: 012/2019



1.      Information about the Prospective Client

CARE Ethiopia is an international humanitarian organization working in Ethiopia since 1984 undertaking large-scale emergency and development programming. CARE Ethiopia works in a variety sectors but has particularly targeted: 1) Food Security and Resilience, 2) WASH, 3) Nutrition, 4) Sexual and Reproductive Health, and 5) Emergency Response as cross-cutting. Concentrating on these target sectors has enabled CARE to ensure focus and coherence in its programming.

CARE Ethiopia is an affiliate of CARE USA with its home office based in Addis Ababa. CARE Ethiopia has also offices at 7 operational locations in East Hararghe, West Hararghe, South Gondar, Sidama, Borana, Afar, and Filtu. CARE Ethiopia’s estimated average annual operating budget is more than 50 Million USD, including in kind contributions such as food commodity operations.

CARE Ethiopia was registered by the Federal Democratic Republic of Ethiopia Ministry of Justice Charities and Societies Agency as Foreign Charity in accordance with the Charities and Societies Proclamation No. 621/2009. CARE Ethiopia is also under process to re-register with Civil Society Organization Agency as per Proclamation No 1113-2019.

As per Proclamation Number 332/2014 and 847/2014, CARE Ethiopia is also registered with Accounting and Auditing Board of Ethiopia (AABE) as a Public Interest Entity with Identification No 0000001189 and Registration No CHA/0000000049/10.

2.      Invitation to Bidders

You are invited to submit a proposal to conduct an audit of CARE Ethiopia’s books of accounts for the period July 1, 2018 to June 30, 2019 and also for subsequent two year pending on availability of funding and also meeting performance requirement. 

Proposal should be submitted in two separate envelopes: one for technical proposal and one for financial proposal. The proposal of the apparent successful bidder will set grounds for future negotiation.

3.    Instruction to Bidders

3.1.Objectives and Scope of Audit

The objective of this tender is to have the accounts and related financial reports of CARE Ethiopia office to be audited for the period July 1, 2018 to June 30, 2019.

The Scope of Audit is:

1.  To conduct a financial audit on books of records of CARE Ethiopia Office in accordance with International Standards on Auditing, donors requirements, and the relevant Proclamations by Ethiopian Government (Organizations of Civil Societies Proclamation No. 1113-2019; A Proclamation to Provide for Financial Reporting).

2.  To express an opinion on the financial statements of CARE Ethiopia based on the financial audit.

3.2   Eligible Bidders

This solicitation is open to any duly licensed auditing firm in Ethiopia which appears on the lists of acceptable auditing firms maintained by AABE.

As CARE Ethiopia is required to produce its first IPSAS compliant Audited Financial Report, auditing firms that have experience in auditing IPSAS/IFRS based accounting is a requirement.

As part of their Technical Proposal, bidders are required to attach as annexes copies of their:

a)    Certificate of Professional Competence issued by AABE and other related international institutions;

b)     Renewed Trade License with tax clearance certificate for the 2010 Ethiopian Fiscal year;

c)     Value Added Tax (VAT) certificate

d)     Tax Identification Number (TIN) certificate

e)      Insurance for professional indemnification

Interested Auditors/firms should collect the full TOR from the CARE Ethiopia office starting from April 1st, 2019 to April 10, 2019 during CARE Ethiopia Working Hour. Deadline to submit the proposal is April 15, 2010 at 4:00 PM. All applications clearly marked as “AUDIT OF ACCOUNTS OF CARE ETHIOPIA” should be submitted in person to CARE Ethiopia, Procurement Unit, Addis Ababa, around 22 Mazoria, behind Lex Plaza building, next to Ha’Geez Cultural Restaurant.

CARE Ethiopia reserves the right to reject any and all non-responsive or otherwise unacceptable proposals.