Terms of Reference for Year 2024 Financial Audit

Action Against Hunger – USA is a global nonprofit organization dedicated to ending life-threatening hunger. For over 40 years, it has innovated solutions to combat hunger and now serves over 21 million people annually across 55 countries, including Tanzania, where it has operated since 2015. Working in collaboration with government and local partners, the organization focuses on nutrition, health, water, sanitation, and food security. Action Against Hunger – USA seeks an independent auditor for its Tanzania operations to ensure compliance with financial regulations and proper use of funds. Below are the objectives and scope of the audit.

Objectives of the Audit The audit aims to:

• Provide an independent opinion on the financial position of Action Against Hunger – USA.
• Ensure proper accounting standards, internal controls, and adequate documentation of transactions.

Audit Scope and Deliverables The audit will adhere to International Standards on Auditing (ISA) and include a thorough review of financial and internal controls. Key areas of focus include:

• Accounting systems and policies.
• Organizational structure, control environment, and staff competencies.
• Compliance with funding agreements and donor requirements.
• Procurement, human resources, administration, and information systems.
• Review of previous audit findings and recommendations.
• Fraud, corruption, and financial statement audits.

The final deliverables include an audit report in TZS, a donor-wise expenditure report, and a management letter summarizing internal control assessments, observations, and categorized risks (High, Medium, Low). Recommendations for improvement and management comments will also be included.

How to Apply Qualified Tanzanian firms are encouraged to apply by submitting:

• Firm’s license, VRN, tax clearance, and relevant certifications.
• Past experience, references, and notable achievements.
• CV(s) and justification outlining core competencies.
• Audit methodology description.
• Technical and financial proposals.

Applications must be submitted via email to [email protected] by January 31, 2025, quoting “YEAR 2024 FINANCIAL AUDIT” in the subject line.