TERMS OF REFERENCE
FINANCIAL STATEMENT AUDIT
INDONESIAN SCIENCE FUND
A. BACKGROUND
DIPI operates as an independent entity under AIPI, entrusted with the responsibility of overseeing funds dedicated to the advancement of science and technology. Its establishment is rooted in AIPI's Articles of Association/Bylaws (AD/ART), officially ratified through Presidential Decree Number 9 in 2016. At present, DIPI administers funds contributed by various donors, prompting the organization to compile an annual financial report to ensure accountability to these benefactors. To uphold transparency and fulfill this obligation to donors, the engagement of an independent auditor is deemed essential for the production of accurate and reliable financial reports.
B. PURPOSE
This Terms of Reference was created as a guideline for the implementation of the Financial Report audit for the financial year 01 January – 31 December 2023 (1 year).
C. ASSESSMENT CRITERIA
The implementation of this activity must meet the following requirements criteria:
1. Have a good reputation and permission as a registered/certified Public Accounting Firm and can be accounted for
2. Experience carrying out work in non-profit organizations, especially those who understand US donor regulations and understand US Financial Regulations
3. Have sufficient audit experience
4. Able to carry out audit work according to a predetermined schedule
D. SCOPE OF AUDIT WORK
1. Assess financial reports that have been prepared in accordance with the Financial Accounting Standards applicable in Indonesia.
2. Conduct compliance assessments in accordance with Manual Procedures relating to financing and financial accounting.
3. Conduct inspection and verification of financial reports and supporting documents
E. AUDIT WORK OUTPUT
The output produced from the audit work is an Audited Financial Report in 2 languages (English and Indonesian).
F. AUDIT REPORT PERIOD
The Audit Report period begins on January 1, 2023 and ends on December 31, 2023.
G. AUDIT SCHEDULE
The audit implementation schedule starts at the beginning of February 2023 until the end of February 2023.
H. COST BUDGET
The budget for audit work is Rp. 40,000,000,- (Forty million rupiah). The best offer will of course be a consideration in selecting.
I. SUBMISSION PROCEDURE
Offer Letter (including audit method, audit scope, estimated costs, and estimated work time), auditor Curriculum Vitae (CV), and KAP profile, can be sent to isnaini.pramesti@dipi.id by email no later than Monday, January 22 2024.
We need to convey that only consultant candidates who are included in the shortlist will be contacted by us.
Jakarta, 08 January 2024
Indonesian Science Fund (DIPI)
0 Comments:
Posting Komentar