• The audit will be carried out in accordance with either International Auditing Standards.
• The audit period is from 01.12.2022 to 31.05.2026.
• The sample of vouchers checked should cover a minimum of 30% of the total transaction value.
• The audit should ensure that all categories of costs are included in the sample such as a) Procurements, b) Staffing costs, c) travel costs, training costs etc. To determine whether Donor funds can be separately identified from other donors’ funding and the records of income and expenditure are maintained separately.
• To confirm whether financial reports submitted by partner are accurate.
• To determine whether the financial management capacity and financial systems and internal control mechanisms within the organization are adequate to manage the funds provided on the program.
• To ensure financial procedures are in line with donor BMZ (PT) financial policy.
• Where appropriate, identify if Partner has spent own project funds in furtherance of the project.
• To follow-up on the status of the agreed management action of previous audits.

An audit firm will be required to conduct an audit at the Partner Organization.