Terms of Reference

For Long Term Agreement process of Audit services of Plan International Bangladesh

Background

Plan International has started working in Bangladesh in the year 1993. It is working under Asia Regional Office, located in Bangkok. It is focusing on ensuring the rights of children for education, health, safe water and sanitation, protection, youth social and economic empowerment and climate change, environmental degradation and natural or man-made disaster throughout the country. Currently Plan International Bangladesh is working in 61 districts of Bangladesh.

Plan International Bangladesh is registered with NGO Affairs Bureau under the Foreign Donations (Voluntary Activities) Regulation Act 2016.

Plan International Bangladesh is intended to hire external auditor to perform audit of various purpose such as Organization Audit, NGOAB Projects, Donor Projects as well as specific Partner Organizations Audit for continuation initially for one year, which is extendable upto 03 years.

Objective

The objectives of audit are according to as follows:
  • Alignment with Policies, procedures and their effectiveness,
  • Existing Internal control system and effectiveness,
  • Cost effectiveness of operation-specifically procurement procedures and its transparency,
  • Evaluate approval of Income, Expenses and other transactions has been practiced as per Delegation of Authority,
  • Ensure that funds have been spent in accordance with applicable Donors’, Plan and Statutory requirements in the country and to express an opinion on its compliances.
  • Recording system,
  • Quality and adequacy of supporting documents such as bill, voucher, challan etc.
  • Compliance with laws, regulations and contract,
  • Financial management process and practice,
  • Compliance with agreed budget- expenditure charged against approved/agreed budget,
  • Usages and record keeping of store items, NFIs other disaster related procurement (if any),
  • Salary payment and other payroll compliances, contracts and timesheets requirements,
  • Training cost and its transparency,
  • Check Beneficiary list of distribution.
  • Loan from/to in projects from organization and other sources,
  • Identification of areas of improvement and critical weakness, (if any)
  • Provide Plan International Bangladesh management timely information and recommendations on financial management aspects of the organization and projects to enable timely corrective actions, as necessary
  • Meet the requirement of NGOAB, NBR and VAT authorities.

General principles

By agreeing these ToR the Auditor confirms that they meet the following conditions:

  • The Auditor and/or the firm are a member of a national accounting or auditing body or institution which in turn is member of the International Federation of Accountants (IFAC).
  • The Auditor and/or the firm are a member of a national accounting or auditing body or institution. Although this organisation is not member of the IFAC, the Auditor commits him/herself to undertake this engagement in accordance with the IFAC standards and ethics set out in these ToR.
  • The Auditor and/or the firm must be listed currently in the NGO Bureau of Bangladesh. This condition is compulsory in case of an NGO audit.
  • The accounts will be reviewed in accordance with the Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRSs) as adopted in Bangladesh applicable for all aspect of accounting, preparation and presentation of financial statements.

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Click here to downlaod Supplier Questionnaire

Click here to downlaod PII Non-Staff Code of Conduct- French Version.

Submission Last Date: 12 June 2025