Request for Proposal from Chartered Accounting Firms for the preparation of a signed statement of affairs from 2009 to 2022

Management Solutions for Africa (MS4A) wishes to engage the services of an audit firm for the purpose of preparation of the statement of affairs of the Society for Rural and Community Advancement from January 2009 to December 2022. The preparation of the Statement of Affairs (SOA) shall be carried out in accordance with International Standards on Auditing (ISA) issued by the International Auditing and Assurance Standards Board (IAASB) and International financial reporting standards (IFRS).  The audit shall be carried out by an external, independent, and qualified auditor.

Objectives and scope of the statement of affairs
To prepare a signed statement of affairs of the Society for Rural And Community Advancement for the period of January 2009 to December 2022 which does not involve expressing an audit opinion but must comply with the International Financial Reporting Standards (IFRS) and the requirements of the Companies and Allied Matters Act and the Financial Reporting Council of Nigeria Act, the before the end of this year December 2023.

Examine and assess compliance with the terms and conditions of the relevant agreements and applicable laws and regulations within accounting and taxes.

The auditor shall submit signed copies (with the Audit firm seal) of the statement of affairs for the above-stated years of operations.

Fee to be paid for the service, the fee for the preparation of a statement of affairs shall be NGN 50,000.00 per year, with no upward negotiation. Please note that the organization has not commenced operation since its incorporation.

The Auditor’s reporting
1.     The statement of affairs shall contain details regarding the method and the scope used in the preparation of the        statement of affairs.
2.     The report shall contain an assurance that the preparation of a statement of affairs was performed in accordance with  international standards and by a qualified auditor.
3.     The report shall contain the responsible auditor’s signature (not just the audit Firm’s) & title.
4.     Both hard and soft copies of the statement of affairs shall be submitted by the audit firm as deliverables for the assignment.

Method of Application: Interested Chartered Accounting Firms should apply to Management Solutions for Africa (MS4A) –

Deadline:       Friday, September 15, 2023