Annual audit for Action for Humanity – Iraq and Syria Operations

Action For Humanity Iraq is looking for a reputable firm of auditors to conduct an annual audit for Iraq and Syria Operations for the financial statements of the fiscal year starts from 01-01-2023 ends in 31-12-2023 in accordance with the international standards for auditing (/SA).

The audit needs to comply with the following:

Action for Humanity Iraq is looking for a reputable firm of auditors to conduct an annual audit for Iraq and Syria Operations for the financial statements of the fiscal year starts from 01-01-2023 ends in 31-12-2023 in accordance with the international standards for auditing (ISA).

The audit needs to comply with the following:

1.Objectives and scope of the audit

The objectives of the audit are to express an opinion on the fairness of the financial statements in accordance with the applicable financial reporting framework, and to report on the adequacy of internal control systems.

The scope of the audit includes examining the financial statements, internal control systems, and other relevant records and documentation of the audited entity.

2. Audit methodology

The audit will be conducted in accordance with the International Standards on Auditing. The audit team will plan and perform the audit with due professional care, objectivity, and independence.

3. Audit procedures:

The audit team will conduct the necessary procedures to obtain sufficient and appropriate audit evidence, including:

Substantive procedures, such as testing transactions and balances, and reviewing supporting documentation.

Tests of controls, such as evaluating the effectiveness of internal controls. The audit team will also perform any other procedures necessary to fulfill the audit objectives and scope.

4. Reporting:

The audit team will issue an audit report expressing an opinion on the financial statements in accordance with the applicable financial reporting framework. The audit report will also include a description of the audit scope, methodology, and significant findings.

If the audit team identifies any material weaknesses in internal control, significant noncompliance with laws and regulations, or other significant matters, they will communicate these findings to the Country Director who will take the necessary steps to rectify the identified issues and weaknesses