1. Background

The AWDF (African Women’s Development Fund) has provided funding support for a project implemented by SIGI, covering the period from 1 March 2023 to 31 August 2025 with total estimated costs 518,000 USD. The purpose of this audit is to ensure that the funds have been used in accordance with the project agreement, donor requirements, and applicable financial reporting frameworks.

Project title: Economic Security and Justic thematic Program. 

2. Objective of the Audit

The objective is to enable the auditor to express an independent opinion on the financial information of the AWDF project for the period stated, in accordance with ISA 800 – Special Considerations  Audits of Financial Statements Prepared in Accordance with Special Purpose Frameworks or ISA 805 Special Considerations – Audits of Single Financial Statements and Specific Elements, Accounts or Items of a Financial Statement, as appropriate.

The audit will verify:

Whether the financial report presents a true and fair view of the financial position and transactions of the AWDF project.

Whether expenditures are eligible, accurate, and supported by adequate documentation.

Whether funds were used in accordance with the approved budget and donor agreement.

3. Scope of the Audit

The audit shall cover:

The entire implementation period from 1 March 2023 to 31 August 2025.

All project financial records, transactions, and statements.

Compliance with the donor agreement, local laws, and internal policies and procedures.

Review of bank reconciliation statements, receipts, payments, and procurement documentation.

Physical verification of assets procured under the project, if applicable.

The auditor shall:

Express an opinion on the Statement of Income and Expenditure or Project Financial Statement.

Issue a Management Letter with findings, internal control weaknesses, and recommendations.

4. Standards and Framework

The audit shall be carried out in accordance with:

International Standards on Auditing (ISA) with focus on ISA 800 or ISA 805, as applicable.

The financial reporting framework agreed upon in the grant agreement.

The organization’s internal financial policies, where relevant.

5. Deliverables

The auditor shall submit the following:

Independent Auditor’s Report on the project financial statement.

Management Letter highlighting key findings and recommendations.

All reports shall be provided in English and submitted in both soft and hard copies.

6. Timeline

Audit fieldwork should begin by first week of October 2025

Draft reports should be submitted to SIGI between 15-20 October 2025

Final signed reports should be submitted to SIGI 31 October 2025

7. Access to Information

The auditor will be given full, free, and unrestricted access to all project records, staff, premises, and any information deemed necessary to perform the audit.

8. Auditor Qualifications

The audit firm must:

Be legally registered and licensed to operate in Jordan

Have demonstrated experience in auditing donor-funded projects.

Be familiar with ISA 800/805 and the reporting requirements of international donors.

9. Confidentiality

All information obtained during the audit process shall be treated as confidential and shall not be disclosed to third parties without prior written consent from the organization or the donor.

10. Acceptance and Agreement

This ToR is subject to approval by both the implementing organization and the donor (AWDF). Once agreed, it will serve as the binding framework for the conduct of the audit.

Proposal Timeline 

Your proposal should be submitted via email to ( [email protected]) no later than [30    August   2025].

Quotation Validity

The quote needs to be valid for 90 days to cover all the days from bidding up to the award process. However, once the contract has been released, it shall be valid for the same coverage as reflected in the requirement above.

Payment Terms

30 Days upon Receipt of items.

Value and cost of Proposal  

Provide us with your financial offer in USD and inclusive of TAXs