External Auditor at ICS- SP Africa

Audit Objectives

• Express an opinion on whether financial statements provide a true and fair view of the organization's financial position and performance
• Assess the organization's compliance with applicable laws, regulations, and accounting principles
• Evaluate the design and implementation of the organization's internal control system, especially concerning donor funds, grants, and restricted resources
• Identify any material instances of irregularities or non-compliance with the organization's policies, donor requirements, and legal obligations
• Assess the proper utilization and accounting for donor funds, grants, and restricted funds, ensuring they are used in accordance with the terms of agreements

Audit Scope

The audit will encompass the following areas:

• Financial Statement Audit: All financial statements for the year ended 31st December 2025, including the statement of financial position, statement of activities, statement of cash flows, and notes to the financial statements
• Donor Funds and Grants: Review of donor fund management, ensuring compliance with donor agreements and restrictions, and assessment of the adequacy of systems for reporting donor-funded activities
• Internal Control Systems: Assessment of the effectiveness of internal controls related to financial reporting, budgeting, and financial management
• Compliance: Assessment of the organization's compliance with national laws, regulatory requirements, and applicable international standards related to the non-profit sector
• Risk Management: Evaluation of the organization's risk management practices