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External Audit

with Kdei Karuna Organizaiton
This job has already passed the closing date

BTDC-ID: 38384
Closing Date:

Expected Outputs

External Audit

Announcement Description

Kdei Karuna – meaning “compassionate action to heal” in Sanskrit – aims to contribute to sustainable peace efforts by addressing the scars of conflict inflicted over decades of instability and war. For more than 10 years, Kdei Karuna Organization (KdK) has established itself as a leading peacebuilding and reconciliation NGO in Cambodia. Through participatory and community-engaged approaches, KdK has implemented truth-telling, memorialization initiatives, dialogues between a number of groups, including former Khmer Rouge cadres, victims, ethnic minorities, and youth.

Our programs utilize creative and non-threatening ways to reflect upon difference, in addition to conflicts stemming from the country’s Khmer Rouge past. Methods include the production of mobile exhibitions to raise awareness of the differentiated histories, support of community-driven memorials for psychological healing and education, and facilitation of community dialogues. More recent program work also includes intergenerational dialogues between youth and Khmer Rouge survivors of gender-based violence.

Kdei Karuna, wishes to engage the services of an audit firm for the purpose of auditing organization financial report during the 1 January 2025 to 31 December 2025. The audit shall be carried out in accordance with Accounting and Audit Regulation (ACAR) ‘s standard. The audit shall be carried out by an external, independent, and qualified auditor.

Expected Outputs

External Audit

  • Career Category: Consultancies
  • Location: Phnom Penh
Summary

Annual Budget: USD 506,974.03

Remark: 2025

Objective of the Audit

The objective is to conduct an audit for the period 1 January 2025 to 31 December 2025 as follows:

  1. To determine if the Kdei Karuna accounting system provides accurate and adequate details of its financial position and fiscal operations in accordance with generally accepted accounting principles.
  2. To review the internal control system attempts to minimize risk by identifying potential weaknesses that might enable materiality to be perpetuated.
  3. To examine, evaluate, make recommendations and report on the adequacy of internal financial controls as a contribution to proper, economic and effective use of internal resources.
  4. To help Kdei Karuna to accomplish its objectives by bringing a systematic and disciplined approach to evaluating and improving the effectiveness of risk management, and good governance processes.

Scope of the Audit

The audit firm must ensure their quality, professionalism, and transparency in order to express an audit opinion on whether it is in accordance with the organization's accounting records and donor audit instructions for projects within the Kdei Karuna.

The Auditor will examine and evaluate the financial manuals, policies, guidelines, procedures and systems which are in place.

Specific Tasks ( Please click Attachment below for more information)

Eligibility

  • The selection criteria will include:
  • Audit firm must register with Accounting and Auditing Regulation (ACAR).
  • Experience of your firm in relation to audits of non-Profit organizations with active donor.
  • A list of similar non-profit organizations be served by your firm
  • Your staff assignments and availability to complete the audit on a timely basis
  • Depth of Technical Resources (CV of the assigned team leader)
  • Audit firm staff stability history- what assurances can you provide regarding the assignment of your permanent personnel to the engagement
  • Proposed fee for the engagement including a schedule for additional services that may be necessary beyond the scope of the audit engagement.
  • Detail audit plan/methodology including your approach to risk and fraud detection, of expense of expected to be incurred, i.e. Mileage, per diem, telephone, etc.
  • Estimate the number of hours to completed the audit by classification of your employees, i.e. partners, senior, junior.

Submission Requirements

Any standard audit firms interested in providing the service must submit the following quotation or proposal to Kdei Karuna Organization provided in the contact details.

Attachment:
  • TOR for Institutional Audit 2025-Final
 

Contact Details

Office Address
  • No. 284, Street Betong, Borey Kamakor Village, Sangkat Cheung Aek, Khan Dangkao, Phnom Penh, Cambodia
 
Contact Name
  • Kdei Karuna Organizaiton
 
Phone
 
Email