Call for External Audit Service

Organization: For Youth Business Innovation Network (4YBIN)

Project Title: Comprehensive Humanitarian Response to War-Affected Rural

Communities in Tigray, Ethiopia

Funding Partner: Basque Cooperation Agency for Development (eLankidetza)

In Partnership With: EGOAIZIA

Project Duration: 15, December 2024-14, December 2025

Total Budget: EUR 200,000

Location: Mekelle, Tigray, Ethiopia

1. BACKGROUND

4YBIN, in partnership with EGOAIZIA and with financial support from eLankidetza, is implementing the project "Comprehensive Humanitarian Response to War-Affected Rural Communities in Tigray, Ethiopia." The project aims to protect and strengthen communities affected by conflict, reduce vulnerability, promote income-generating activities for women survivors of sexual violence, and improve protection, food security, and advocacy in Tigray. To ensure transparency and accountability, 4YBIN is seeking a qualified external audit firm to conduct a financial audit of the project covering the period 15 December 2024 to 14 December 2025.

2. OBJECTIVE OF THE AUDIT

The objective of the audit is to provide an independent and objective assessment of the project's financial statements to ensure that they fairly present the financial position and that all expenditures have been executed in accordance with the donor agreement, approved budget, and applicable accounting standards.

3. SCOPE OF WORK

a) Verify that the financial reports accurately reflect all project transactions.

b) Assess compliance with donor (eLankidetza) and national regulatory requirements. 

c) Verify the authenticity and adequacy of supporting documentation (receipts, vouchers, bank statements, etc.).

Review procurement procedures, ensuring compliance with competitive bidding thresholds (€15,000 for services/supplies and €40,000 for construction). Produce a Management Letter highlighting findings and recommendations for improvement.

4. DELIVERABLES

The final audit report must include:

a) Audit methodology and scope of work.

b) Assurance statement confirming compliance with international auditing standards

and auditor independence.

c) Certificate of authenticity for expenditures and grants.

d) Recommendations for strengthening financial management and complian

e) Signed report by the responsible certified auditor. 5. REQUIRED DOCUMENTS FOR APPLICATION Interested and eligible firms must submit the following: a) Renewed professional and business licenses.

b) TIN and VAT certificates

c) Organization profile and evidence of similar experience d) Credentials of certified public accountants/chartered auditors e) Details of the proposed audit team and their

f) Detailed audit plan and timeline

6. SUBMISSION GUIDELINES

Firms should submit proposals in two sealed envelopes:

a) Technical Proposal including methodology, work plan, team composition, and Experience

b) Financial Proposal including detailing all fees, costs, and related expenses SUBMISSION DEADLINE:.

Submission Address: 4YBIN Office, Mekelle, Tigray, Ethiopia

7. TENTATIVE WORK PLAN

a) Submission of Expression of Interest and Proforma: 30, November 2025

b) Contract Signing: 5 November, 2025

c) Audit Execution on location: 15-20 December 2025

d) Draft Report Submission: 25, December 2025

e) Final Report Submission: 31, December 2025

8. SELECTION PROCESS

The selection will be based on a competitive review process including:

a) Technical evaluation (compliance with ToR and professional competence) b) Financial evaluation (cost-effectiveness and budget alignment)

c) Donor approval (final validation by eLankidetza)

Only shortlisted firms will be contacted.

9. CONTACT INFORMATION

For collecting a ToR and submission of proposals, please contact: Kibrom G/hear, Finance Coordinator

Email: [email protected] Tel: +251-972-172-851

Cc: [email protected]

Tel: +251-914-724-231