The reporter
Saturday July 4, 2026
Introduction
International Development
Enterprises (IDE) (www.ldeglobal.org/) a 501(c) non-profit, international
development organization, headquartered in the USA (Colorado), has been
transforming the lives of marginalized communities around the world through
creating sustainable income and livelihood opportunities for rural families for
the past 44 years. IDE was registered & licensed by the Charities &
Societies Agency in 2007 with certificate no. 0696 and re-registered by the Agency
for Civil Society Organization on May 16, 2019. IDE is currently looking for an
eligible Audit Firm to audit the organization's accounts for the year 2026,
with the possibility of extension for the other two subsequent years.
Objective of the Audit Work:
The objectives of the audit of
International Development Enterprises" (DE's) financial statements are:-
1. To enable the auditors to
express an independent professional opinion on the financial position of IDE
and to ensure that the funds utilized in IDE'S activities have been used for
their intended purposes for the year ended December 31, 2026.
2. To help ensure that the books
of accounts of IDE provide the basis for the preparation of IDE's Financial
Statements.
3. To prepare books of accounts as
required by law that have been maintained by IDE and also maintain adequate
internal controls and supporting documentation for the transactions.
Scope of the Audit
-The audit will be carried out in
accordance with the International Public Sector Accounting Standards (IPSAS)
& International Auditing Standards and will include tests and verification
procedures as the auditors deem necessary.
-Verify all funds have been used
in accordance with the established rules and regulations of IDE and only for the
purposes for which the funds were provided.
-Appropriate supporting
documents, records, and books of accounts relating to all activities have been
kept.
-The financial statements have
been prepared by IDE management in accordance with applicable International
Public Sector Accounting Standards (IPSAS) and give a true and fair view of the
financial position of IDE and of its receipts and expenditures for the period
ended December 31, 2026
-Express an opinion as to the
reasonableness of the financial statements in all material respects and
compliance with procedures designed to provide reasonable assurance of
detecting misstatements due to errors or fraud.
-Conduct entry and exit meetings
with the management of iDE.
-In addition to the audit report,
the auditors are expected to issue a Management Letter that will come to the
attention of the management of any matters that the auditors consider relevant.
Reporting Deadline:
-Draft reports for the
management's review must be submitted within Ten (10) calendar days from the
first date of the announcement.
-The audit report, in its final
form and including the Management Letter. shall be completed within Ten (10)
calendar days from the first date of the announcement.
Deliverables:
-The Auditors, after receiving feedback
on the draft report, will submit 4 (four) original copies of the Audit Report
that comprises all Financial Statements which comply with International Public
Sector Accounting Standards (IPSAS) requirements.
-The Auditors are required to
submit a Management letter in accordance with the scope of work described here
before.
Job Requirements
Required Qualification,
Experience and documentations of the Auditing firm
-The Audit firm must be legally
registered by the concerned body including
-Agency for Civil Society
Organization and Audit Board of Ethiopia
-The Audit firm must have
business license and professional license
-The Audit firm must provide
renewed business license, TIN and VAT certificate
-The Audit firm must provide
evidence of tax paid for the year
-The audit firm must provide well
organized profile consisting of audit experience in general and experience of
auditing INGO accounts in particular, staff composition, time frame and other
useful information.
-The Audit firm must provide
well-proven experience of auditing accounts of giant donors (e.g., EU, USDA.
GAC, SIDA. Norad, GCF, LDSC, and other private and family foundations etc.)
-The audit firm must provide
evidence for the successful accomplishment of the audit work in accordance with
the new standard (IPSAS).
Audit Fees: The audit fees will
be fixed through a competitive bidding process.
Application closing date: Ten
(10) calendar days from the first date of the announcement.
Interested Audit Firms are
expected to submit their technical and financial proposals in a separate sealed
envelope on or before the closing date of the announcement to the following
address:
International
Development Enterprises (IDE)
P.O.Box
7892, Addis Ababa
Office
Location: Kirkos-Gofa main road, Tanzania Street,
Opposite to
Suisse Clinic, Tel +251-919-229709 (Mob) or
+251-11-455-0004/5/6
(Office)