East Europe Foundation announces a tender for the provision of audit services for the project “Improving the microclimate and energy efficiency in the children’s hospital Okhmatdyt in Lviv for 65 thousand children and a kindergarten for 290 children in Kamyanka-Buzka, Ukraine”. Deadline: April 1st 2021.
Scope of the external audit
The external audit should include the following audit and control measures.
Checking the accounting records for regularity and completeness.
Checking the financial report, which must show all income and expenditure relating to the project and confirm that supporting documents exist for all income and expenditure.
Checking the management of the project funds made available. This includes:
the project funds transferred to the promoter during the current financial year or during the project period
any interest earned during the financial year or the duration of the project on the amounts paid to the promoter
other income generated through the project activities for the partner
verification of the extent to which the financial resources are in line with the planned project objectives and measures
Verification of the economic efficiency of expenditure (to be used sparingly and financial resources to be used as effectively as possible.)
Checking personnel costs and social security contributions with regard to local custom, the laws in the respective project country, in particular compliance with the contracts and legal payment of the corresponding funds.
Verification of compliance with the cost plan through target/actual comparison (on the basis of the last valid financing plan).
Verification of the economic use of the project equipment.
Control of the procured inventory, its whereabouts and its appropriate use.
Verification and confirmation of the completeness & correctness of project-relevant documents.
Verification of compliance with all agreements (contracts, Guidelines of the German private executing agency, funding guidelines of the Federal Ministry for Economic Cooperation and Development (BMZ), the BNBest-P/ private executing agencies and the Procurement Guidelines of the BMZ).
Important details
Audit period: July 2019 – June 2021, 24 months
Audit Standard – International Standars on Auditing (ISAs).
Audit report and management letter shall be the deliverables of the audit, presented in the English language.
The audit shall also include visits to the project sites
Audit report must be completed by the end of August 2021
Project budget 590 709 EUR
The project “Establishment of social school enterprises in rural areas and small towns of Ukraine to encourage young people to social entrepreneurship in Ivano-Frankivsk, Zhytomyr and Donetsk regions” is implemented by the Eastern Europe Foundation together with the German NGO ChildFund Deutschland e.V. with the financial support of the Federal Ministry for Economic Cooperation and Development of Germany.
East Europe Foundation
