TOR_Audit_WFC_IFADv3 - Kopie

Objective The objective of the audit is to enable the auditor to express an audit opinion(s) on whether the SOE (including additional disclosures) fairly presents the financial position of the project in all material respects and whether the funds received, and expenditures incurred for the relevant accounting period are in conformity with applicable accounting standards. [...] Agreed-upon procedures engagement The auditor is expected: • To carry out the agreed-upon procedures listed in the section C of this TOR – Scope and approach of the audit and agreed-upon procedures engagement; • To issue a report on factual findings that will support IFAD’s conclusions on the eligibility of the reported expenditure. [...] a) The Statement of Expenditures (SOEs) for the reporting period, as submitted to IFAD, comprises the project information (name of the recipient, grant number, currency of the grant agreement, project name and reporting period), as well as whether the presentation of the expenditures is by expenditure category and/or project component, as set out in schedule 2 of the grant agreement. [...] 2 b) The total of the expenditure transaction lists for the reporting period agrees with the total cumulative expenditures for the same period, as described in the SOEs submitted to IFAD. [...] The CVs will include appropriate details for the purpose of evaluating the offer in terms of the specific relevant experience for this engagement and the qualifying work performed in the past.