RECRUITMENT OF A FIRM TO CONDUCT AN AUDIT OF CORAF’S FINANCIAL STATEMENTS FISCAL YEARS 2020, 2021 and 2022  

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  1. The Executive Secretariat of the West and Central African Council for Agricultural Research and Development (CORAF) is looking for a firm to conduct an audit of CORAF’s financial statements for the fiscal years 2020, 2021 and 2022.
  2. CORAF intends to use part of its resources to make payments pertaining to the contract relating to the recruitment of a firm to conduct an audit of CORAF’s financial statements for fiscal years 2020, 2021 and 2022.The expected missions and objectives of the firm are as follows:
    • Evaluate and obtain a sufficient level of understanding of the internal control system of CORAF’s Executive Secretariat, assess the risks related to internal control and identify the facts to report;
    • Present a professional opinion on the financial statements of CORAF’s Executive Secretariat to determine whether they present, in a sincere and regular manner, the faithful image of the Institution’s assets and ensure that the resources made available are used for the purposes for which they were granted in order to achieve the development objective;
    • Carry out controls to determine whether CORAF’s Executive Secretariat has complied with the contractual provisions and with the laws and regulations that currently exist in Senegal.
  3. The Executive Director of CORAF is therefore, inviting Firms specializing in auditing financial statements to express their interest in providing the services described above.
  4. Consultancy Firms interested in this notice must provide information indicating that they are qualified to perform the above mentioned services (brochures, references of performance of similar contracts, CV, experience in a similar field, experience in similar conditions, etc..).
  5. The 4.   Consultancy firm must have experience in auditing the financial statements of multi-donor programs. It must have at least the following key personnel:
  • A Head of Mission, Certified Chartered Accountant, with a Masters’ Degree in accounting, economics or social sciences or equivalent, registered with a recognized professional accounting order and having significant experience of at least 10 years at least in analysis and verification of accounts and solid expertise in auditing multi-donor projects;
  • A Deputy Head of Mission, Certified Chartered Accountant, with a Masters’ Degree in Auditing, Economics or equivalent, proving at least 8 years of experience in the analysis and verification of accounts and project auditing;
  • A Senior Auditor with a Masters’ Degree in auditing or social sciences or equivalent and with at least 7 years of experience in auditing multi-donor projects (World Bank, USAID, European Union, etc.);
  • A Procurement Specialist, with a Masters’ Degree in law, management, economics or having at least 3 years of relevant experience in auditing the procurement of multi-donor projects (World Bank, European Union, USAID, etc.).

Expressions of interest must include the CVs of the above key personnel.

The firm will be selected according to the rules contained in the CORAF Administrative, Financial and Accounting Procedures Manual.

The selection method to be used will be based on the Consultant’s qualification (CQS): (At the end of the expressions of interest, the most qualified and experienced consultant will be selected and invited to submit a technical and financial proposal. Then, if the proposal is compliant and acceptable, the Consultant will be invited to negotiate the contract).).

  1. Interested firms that meet the required conditions can obtain further information by sending an email to the address hereafter procurement@coraf.org.
  2. Expressions of interest should be submitted by e-mail to the address hereafter: procurement@coraf.org on October 29, 2020 at 11h00 GMT at the latest.

Dr. Abdou TENKOUANO

Executive Director

CORAF