Request for Proposals (RFP) for External Audit Services
Scope of Services
The selected firm shall deliver an audit of MDMS‟ financial statements commencing for the fiscal year ending 30th June, 2022. The selected firm will provide financial statements, the related statements of activities and cash flows, and the related notes to the financial statements, for the purpose of expressing an opinion as to whether the financial statements are presented fairly, in all material respects, in accordance with all applicable International Financial Reporting Standards and International Standards on Auditing.
Detailed description
i. Demonstrated understanding of the Scope of work.
ii. Demonstrated experience and expertise in auditing wholesale pharmaceutical entities and not-for-profit sectors and organisations.
iii. Past performance of the firm, including timely completion of projects, compliance with the scope of work performed within budgetary limitations, and user satisfaction.
iv. Composition of adequate personnel assigned to the performance of these services and their qualifications and experience with relevant services such as that being proposed.
v. Statement summarizing the benefits to client for selecting your firm and display of addedvalue to the audit.
vi. References both provided and discovered.
Cost
i. Provide a competitive fee quote to complete the general audit of financial statements for the first financial year and the subsequent two years.
ii. General overview of the schedule and timing of billings for each fiscal year audit services.