Request for Proposal – External Financial Audit for GISCOR BHA Project (August 2024 – August 2025) at Grassroot Initiative for Strengthening Community Resilience

About the Organization

Grassroot Initiative for Strengthening Community Resilience (GISCOR) implements various donor-funded projects, including a Bureau for Humanitarian Assistance (BHA) funded initiative. This project supports livelihood recovery, WASH, nutrition, and protection services in conflict-affected communities.

About This Opportunity

GISCOR seeks the services of an independent External Auditor to conduct a financial audit for the BHA-funded project covering the period August 2024 to August 2025. This engagement ensures transparency, accountability, and compliance with donor regulations.

Purpose of the Audit

This Request for Proposal (RFP) invites qualified and reputable audit firms to submit technical and financial proposals for the annual external audit of GISCOR's BHA project.

The audit will be conducted in accordance with International Standards on Auditing (ISA) and USAID/BHA financial compliance requirements, with the objective of expressing an opinion on the project's financial statements and ensuring funds were utilized in line with donor agreements and organizational policies.

Key Objectives

• Express an independent professional opinion on the project's financial statements for the period under review
• Verify that financial statements present fairly, in all material respects, the financial position of the project in accordance with generally accepted accounting principles
• Assess compliance with USAID/BHA regulations, grant agreements, and GISCOR's internal financial and procurement policies
• Review the adequacy and effectiveness of internal controls
• Identify any ineligible or questioned costs and provide recommendations for corrective actions

Scope of Work

The audit will cover all financial activities under the BHA project from August 7, 2024 to August 8, 2025, including but not limited to:

• Review of all income and expenditure transactions
• Verification of supporting documentation for payments, procurements, and payroll

Location

Lagos, Nigeria