with DGRV/German Co- Operative and Raiffeisen Confederation Cambodia
The German Cooperative & Raiffeisen Confederation (DGRV) in Cambodia supports the establishment of a market-oriented cooperative system using a multi-level approach. In addition to supporting agricultural cooperatives (ACs) at the micro-level, the development of cooperative unions and alliance structures is becoming increasingly important. At the national level, DGRV supports state institutions with the creation and further development of necessary legal and regulatory framework conditions. One of DGRV's focus areas in 2024 is supporting the institutional setup to enable external auditing of ACs.
At the end of 2019, the Cambodian Agricultural Cooperative Alliance (CACA) was founded. CACA acts as the national umbrella organization for ACs in the country to which all cooperatives and cooperative unions become members automatically as soon as they are registered. Besides other tasks, CACA is responsible for implementing cooperative audits according to the cooperative law from 2013. According to this, all ACs with total assets of more than 25 TUSD are subject to an audit once a year. Currently, that would be about 30 % of the registered 1,251 1Acs and 21 ACUs nationwide.
So far DGRV supported the Department of Agricultural Cooperative Promotion (DACP) in the Ministry of Agriculture, Forestry, and Fisheries (MAFF) in all aspects related to the promotion of the agricultural cooperative sector in Cambodia. With the registration of CACA, DGRV will extend its support to also assist CACA with its institutional set-up as well as providing high-quality services for its member ACs. DACP is also supporting CACA in this initial stage.
DGRV supports CACA in its endeavor to implement the nationwide audit for ACs. One crucial element is the use of standardized accounting software by ACs to ensure that financial reports are viable and set up according to law. Only with correct financial statements, cooperatives can be properly audited and developed.
Project: Economic Inclusion through Sustainable Cooperative Systems in Asia (WINGS II 2024-2026)“ (Project-No. 2023.2602.3/DGR0017)
PURPOSE
CACA seek a company that provides a software solution that can be piloted among relevant ACs. Relevant in this regard means ACs that are currently at the threshold for the obligation to be audited by law. This pilot software should be as a milestone to achieve an accepted standard in accounting that can be used by ACs and is recognized by relevant authorities.
Besides improving the internal financial management of the ACs, the ultimate goal is to improve the quality of future audits through improved financial documents, which eventually will be beneficial to:
DELIVERABLES
QUALIFICATIONS
SELECTION
Deadline for Submission of Quotation
Date and Time: 16/02/2024 5:00 PM (Phnom Penh, Cambodia)
Quotations received after this date and time will not be considered.
Method of Submission
Electronic Submission of budget table as attached to this RFQ, a work schedule and other supporting documents, only.
Please send quotation to email provided in the contact details.
VAT
Quotation must be exclusive of VAT and other applicable taxes
Additional Information to be provided in the response