Audit on the Project “Provision of Emergency Assistance for victims of the Beirut Blast”

1. Specific Objective

a. To give an opinion on the financial statement/report, whether it presents a true and fair view of Purchases and expenditure in agreement with the conditions laid down in the decisions and in accordance with generally accepted accounting principles.

b. To make observations to determine whether the INTERSOS has satisfied in every substantive respect the conditions laid down in the decision.

• Any substantive matters, which do not meet the conditions and any indications of unlawful acts, must be identified.
• Such observations should also include the requirements relating to any contribution by the INTERSOS.

1. Implementation
2. The auditor should draw up an audit plan, which should include an examination of the administrative organization and internal control structure, an analytical review, and a substantive investigation, together with a check on compliance with all grant conditions.
3. The auditor should audit the grant financial statement based on the audit plan and check compliance with grant conditions to issue an auditor’s report.
4. The auditor should ensure that the audit file contains sufficient documents of an appropriate and relevant nature and should record the audit procedures used and the results obtained in the file.
5. If the grant recipient has contracted out some of the activities covered by the grant, the auditor should establish whether checks have been made regarding the implementation of these activities and the associated charges.

1. Reporting

The long-form auditor’s report should include the following:

1. The aim and scope of the financial audit, the audit criteria applied, where relevant, and any restrictions imposed on the scope of the audit.
2. The Approved financial statement including disclosures and the accounting principles applied. 
3. An auditor’s report clearly stating the auditor’s opinion of the financial statement.
4. The Audit Report shall be presented in the English language.

1. Period of implementation of the Service

The audit shall be conducted within the months of June & July 2021 inclusive of delivery of the Audit Report.

1. Price

The offered price must be in USD and must be the only remuneration deemed by the Auditor.

1. Access to audit file

The Donor reserves the right to review the audit. The auditor firm concerned should assist this review and supply the reviewer with all relevant documents relating to the audit.

The audit firm must keep an orderly and accessible audit file. It should keep the files for a period of five years from the date of completion of the audit.