WIDOWS AND ORPHANS EMPOWERMENT ORGANIZATION (WEWE) IS REQUESTING FOR PROPOSAL FROM CHARTERED ACCOUNTING FIRMS FOR 2021 AND 2022 STATUTORY AUDIT

Request for Proposal from Chartered Accounting Firms for

2021 and 2022 Statutory Audit

Introduction

WEWE wishes to engage the services of an audit firm for the purpose of auditing her financial statements for January to December 2021 and 2022, renewable annually subject to satisfactory performance.  The audit 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 audit

• Audit the Financial statements of WEWE for the period January to December 2021 and 2022 and express an audit opinion according to ISAs on whether the financial statements give a true and fair view of the financial position of the organization as of 31 December 2021 and 2021 and of its financial performance and its cash flows for the year ended 2021 and 2022 in accordance with International Financial Reporting Standards and the requirements of the Companies and Allied Matters Act and the Financial Reporting Council of Nigeria Act.

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

• The auditor shall examine on a test basis that there is supporting documentation related to the reported expenditure.  The size of the test shall be based on the auditor’s analysis and that should be stated in the report.  The auditor shall report the identified amount in case there is any missing supporting documentation.

• The auditor shall submit a management letter, which shall contain the audit findings made during the audit process.  The audit management letter shall state which measures have been taken as a result of previous audits and whether measures taken have been adequate to deal with reported shortcomings.

The Auditor’s reporting

1. The auditor’s report shall contain details regarding used audit method and the scope of the audit
2. The report shall contain an assurance that the audit 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) and title.
4. The auditor shall make recommendations to address any weaknesses identified.  The recommendations should be presented in priority.
5. The report shall not exceed 30 pages, to be written in English and be presented to WEWE in 5 copies and one digital for onward transmission to relevant stakeholders within 6 weeks after the commencement of fieldwork. (April 15, 2023, tentatively).

Method of Application

Interested Chartered Accounting Firm should fill the form, upload their Proposal and submit on WEWE website. 

(Interested Chartered Accounting Firm can only submit their proposal through WEWE official website, Terms and Conditions apply).

Deadline:

Friday, January 20th, 2023

Kindly Note: WEWE reserves the right to conclude this hiring process when a suitable chartered accounting Firm is selected. While WEWE thanks all applicants for showing interest, only shortlisted chartered accounting Firms will be contacted.

Widows and Orphans Empowerment Organization (WEWE) was registered as a not-for-profit organization with the Corporate Affairs Commission (CAC), Abuja, Nigeria on June 8, 2009, and is domiciled in Nigeria. WEWE’s mission is to implement effective advocacy and high-impact empowerment programs and services that continually improve the quality of life of orphans, vulnerable children, and women, working in collaboration with strategic partners.

One of WEWE’s core ideologies is to be the most financially clean and compliant local NGO in Nigeria and Africa. We want to prove to the world that not all Nigerian NGOs are corrupt, and we want to be an example (An Ambassador) of a credible NGO in Nigeria and Africa.

“WEWE is an equal opportunity employer, which promotes diversity and does not discriminate based on tribe, state of origin within Nigeria, religion, age, sex, race or on different physical ability”.

“WEWE’s organizational culture promotes the principles of safeguarding and high moral values. WEWE’s Safeguarding Policy 2022 promotes an environment where no staff, associates, volunteers, case workers, consultants, board members, and partners engage in a sexual relationship, harass, or exploit anyone under the age of 18 or vulnerable adult, especially our beneficiaries”.

“WEWE’s organizational culture also has zero tolerance for corrupt practices. Therefore, for any of our job vacancies, we advise that applicants do not offer or accept any request for money, favors, or gifts from anyone to facilitate an employment opportunity with WEWE. Applicants found engaging in such practices could jeopardize their chances of being selected. If anyone contacts, you with such an offer please report this immediately to WEWE management on this WhatsApp line 09037811024“.