External Financial Audit
- Career Category: Call for Proposals
- Location: Phnom Penh
Start date: 01 December 2026
PROJECT AUDIT
The purpose of this ToR is to seek a qualified audit firm to carry out an annual project financial audit of the IP3 Project, throughout the duration of the project period between 1 April 2025 and 30 June 2029, and as per the audit schedule outlined. The audit methodology will be in accordance with the requirements specified in the SDC Financial Audit ToR, in Annex 1.
The audit fieldwork will be conducted in Cambodia. For other country offices and regional partners, the audit will be carried out remotely. Relevant supporting documents will be scanned and provided to the auditors during the fieldwork period.
PROJECT BUDGET
The total IP3 project funded by DFAT and SDC combined for the period of 1 April 2025 to 30 June 2029 is 9.73 million USD. Out of this, DFAT contributes 10 million AUD (or the equivalent of 6.73million USD) and SDC contributes 3million USD. The budget breakdown by year, by implementing entity is as below.
Please click attachement below for more information.
AUDIT FEES
The audit firm shall estimate the audit fee for the first audit cycle based on the forecasted expenditures for Years 1 and 2. Audit fees for Years 3, 4, and 5 shall be determined based on the approved budget. If the budget is revised during implementation, the audit fee shall be recalculated using the most current budget information available.
The fee shall include all expected travel, out-of-pocket, and applicable tax expenses.
The payment will be made per each cycle in 2 parts, when starting the fieldwork and after completing the report. The percentage of each part will be agreed and input in the agreement.