Request for Proposal: UNICEF Micro Assessment & Audit of IPs

Micro Assessment:

The Micro Assessment will assess each Implementing Partner’s financial management capacity (i.e. accounting, procurement, reporting, internal controls, etc.) to determine the overall risk rating and assurance activities. This assessment will be done for four UNICEF IPs.

The two primary outputs of the Micro Assessment are:

1) An overall risk rating related to cash transfers to each IP; and

2) Appropriate type and frequency of assurance activities and Cash Transfer Modality (CTM) based on UNICEF business models.

Audit

A scheduled audit is used to determine whether the funds transferred to an Implementing partner (IP) were used for the appropriate purpose and in accordance with the Work plan (WP). The audit is conducted in accordance with International Auditing Standards (ISA) 800 Special Considerations – Audit of Financial Statements Prepared in Accordance with Special Purpose Frameworks . The auditor expresses an opinion on whether the statement of expenditure for each programme is presented fairly, in all material respects, in accordance with the UNICEF’s accounting policy and the eligible expenditures incurred to implement activities in conformity with the terms of the IP agreement, work plan or programme document.