Independent Auditor

Ministry of Agriculture (MOA)

Ministerial Complex

Congo Town, Liberia

REQUEST FOR EXPRESSIONS OF INTEREST

(INDIVIDUAL CONSULTANCY)

LIBERIA

Independent Auditor (IA) 

Assignment Title : Individual Consultancy to conduct an Independent Audit 

Fund Grant Number : 100000018

Fund Name : Korea-Africa Economic Cooperation (KOAFEC) Trust Fund 

Project ID No.:

Request for Expression of Interest No : LIB/MoA/IA/EOI/01/2021

 

 

 

The Government of Liberia has received financing Grant from the Korea-Africa Economic Corporation through the African Development Bank, toward the cost of an Independent Auditor, and intends to apply part of the agreed amount for this grant to payments under the contract for the hiring of an individual Consultant to conduct an Independent Audit.

The objective is to firmly anchor the value chains approach through reformed regulatory frameworks, private sector investment across critical stages of the priority value chains, availability of sustainable financing solutions for private sector, amongst other key deliverables.

To realize efficient and effective results, the management of MoA needs accurate and up to date economic advice, constraints analysis, value chain and market systems analysis and trade mapping to enable Management to explore options and take evidence-informed decisions to achieve short to medium term objectives.

The Individual consultant will assess the Value Chain Analysis by: The audit will be carried out in accordance with the Standards specified above and will include such tests and controls as the auditors consider necessary under the circumstances. In evidencing compliance with project financial management arrangements and requirements, the auditor is expected to carry out tests to confirm that :

  • All Bank funds have been used in accordance with the conditions of the grant agreement, with due attention to economy and efficiency and only for the purposes for which the funds were provided ;
  • Counterpart funds (government budget) and external funds (in case of co-financing) have been provided and used in accordance with the conditions of the Grant agreement, with due attention to economy and efficiency and only for the purposes for which they were provided. Goods, works and services financed have been procured in accordance with the Grant agreement and in accordance with the Bank’s rules and procedures1; and have been properly accounted for 1Depending on the complexity of certain procurement activities, the Auditors may integrate, in the audit team, technical experts during the period of the contract. In such a case, the Auditors will conform to ISA 620: (Using the Work of an Auditor’s Expert). The necessity for the use of an expert’s works should be brought to the attention of the Borrower and the Bank for a mutual agreement and appropriate decisions ;
  • Appropriate supporting documents, records and books of accounts relating to all project activities have been kept. Clear linkages should exist between the books of accounts and the financial statements presented to the Bank ;
  • Special accounts have been maintained in accordance with the provisions of the grant agreement and in accordance with the Bank’s disbursement rules and procedures (refer to sections 6 and 7 below for further guidance) ;
  • The financial statements have been prepared by project management in accordance with the IPSAS accounting framework as mentioned (ref. section 3 above) ;
  • Project’s fixed assets are real and properly evaluated and project property rights or related beneficiaries’ rights are established in accordance with Grant conditions; and
  • Ineligible expenditures identified during the audit will be reflected in a separate paragraph of the audit report and if material, the point should be reflected in the auditors’ opinion.

The duration of this contract is Six (6) Months.

Qualifications and Experience required :

The auditor should be registered and have a license from national or regional professional Accountancy Body. The firm should have relevant experience in accounting and auditing of development projects, especially donor-funded operations.

Professional Accountant (CA, ACCA, CPA, etc) with a minimum of 10 years post qualification experience.

The Ministry of Agriculture now invites eligible individual consultants to indicate their interest in providing these services. Interested consultants must provide an updated Curriculum Vitae (CV) and relevant documents indicating that they are qualified to perform the services.

Establishment of the short-list and the selection procedure shall be in accordance with the African Development Bank’s “Rules and Procedures for the use of Consultants” May 2008 Edition, Revised July 2012, which is available on the Bank’s website at http://www.afdb.org. Borrowers are under no obligation to shortlist any individual consultant who expresses interest.

Further information can be obtained at the address below during office hours, i.e. from 0900 to 1600 hours (GMT) on working days.

Expressions of interest must be delivered in a written form to [email protected] by e-mail by 28 April 2021 @

4:00pm local time and mention “LIB/MOA/ADC/EOI/01/2021: “The Development of Agricultural Value Chains in Liberia Project – Audit ”.

Deadline for Submission : 28 April 2021 @ 4:00pm local time