The purpose and intent of this Request for Proposals (RFP) is to enter into a contract with a qualified independent certified public accountant (hereinafter called the “Auditor”) to perform a financial statement audit for USP Kenya for the fiscal year ending June 30, 2021.
United States Pharmacopeia Kenya was registered on July 2, 2020 as a branch of the US based Non-For-Profit organization.
USP Kenya’s goal is to assist the United States Pharmacopeia Convention (USP) in the implementation of its Global Health Impact Program and/or it’s Promoting the Quality of Medicines Program plus (PQM+) through strengthening the quality assurance and quality control systems of drug/health product manufacturers and regulators in Kenya, to better ensure the quality of medicines that reach patients. The project is funded by the United States Government via USAID restricted grants.
The audit will be conducted in accordance with the generally accepted auditing standards in Kenya and internationally, as well as all applicable statutes and legal requirements as outlined herein:
A. The financial statement audit will be conducted in accordance with local and international regulations (ISA- International Standards on Auditing).
The auditor should submit a management letter including management’s response to audit finding. The letter should offer suggestions for improvement in financial management and internal controls.
Due professional care- the auditor will exercise due professional care in understanding the type of engagement. If during the audit, the auditor becomes aware that USP Kenya is subject to audit requirements which may not be encompassed in the terms of the engagement, the auditor will communicate to USP Kenya management that the audit may not satisfy the requirements. The audit is not designed to identify all significant weaknesses in the Organization’s systems but, if such weaknesses come to the notice during the course of the audit, which the auditor think should be brought to the client’s attention; the auditor shall report them to the client. Any such report may not be provided to third parties without the prior written consent. Such consent will be granted only on the basis that such reports are not prepared with the interest of anyone other than the Organization in mind and that the auditor accepts no duty or responsibility to any other party as concerns the reports.
The auditor will assist with local statutory filling (State and Federal).
Proposal Preparation and submission requirement
In order to be considered for selection, offerors must submit a complete response to this RFP. Proposal must be submitted via email to the requestor.
Proposal preparation
Proposals must be signed by an authorized representative of the offeror.
Proposals should be prepared simply and economically, providing a straightforward, concise description of capabilities to satisfy the requirements of the RFP. Emphasis should be on completeness and clarity of content.
Proposal must include timeline of field work and issuance of draft and final report.
Specific Requirement
Proposals should be prepared simply and economically, providing a straightforward, concise description of capabilities to satisfy the requirements of the RFP. Emphasis should be on completeness and clarity of content.
Table of Contents
Letter of Transmittal:
i. History of the firm, including number of years in business, and size of firm.
ii. A statement by the prospective Auditor of his/her understanding of the work to be done, including specific reference to the provisions in the Scope section of this RFP, with descriptions of the audit approach and illustrations of the procedures to be employed.
iii. The approximate date the audit will begin (including preliminary fieldwork) and end, as well as approximate dates for delivery of the financial statements and/or Auditor's reports
This vacancy is archived.