Local Consultants/Firm to Audit Financial Reports

TERM OF REFERENCE – AUDITING FINANCIAL REPORTS as 31st Dec 2018 in COOPs

INTRODUCTION

SOCODEVI is a non-government, non-profit organization was established by Canadian cooperatives in 1985 with the mission to support the development of international co-operative movement for a better world. SOCODEVI has implemented the first project in Vietnam from 2001 with many kinds of activities such as technical support, capacity building and financial support for a number of co-operatives.

The Vietnam Cooperative Enterprise Development (VCED) project is the new project of SOCODEVI. It launched in Vietnam since 2015 and is working on 4 commodities in 5 provinces: pomelo in Ben Tre, table grape in Ninh Thuan, dragon fruit in Binh Thuan, dairy milk in Soc Trang and Lam Dong.

CONSULTANT/ FIRM REQUIREMENTS

VCED project is seeking for local consultants/firm to audit financial reports at the COOPs with following purpose, contents and expected outputs.

Purpose:

Establish a clear accounting and financial situation of the Coop which is documented by supporting documents.

At each cooperative, financial resource and their transformation must be clearly identified and quantified. A balance sheet and income statement will have to be drawn up for the period from 1 January to 31 December 2018. In the absence of supporting documentation, the operation should be considered non-existent unless it can be justified by cross-calculations.

Contents:

  • Evaluate currently status of accounting and financial, operation management of the cooperative;
  • Propose advisory including procedure for accounting system and operation flows if needed, list of problems to be fixed or policy to be applied. These proposes should be presented for operation efficiency,
  • Consult for tax law and other regulations

Expected outputs:

According to above tasks, outputs should be in both English and Vietnamese:

  • Working schedule
  • Audited financial reports as 31st Dec 2018
  • Verified to ascertain correct accounting of company money and that all transactions are in compliance with regulations

Time and location

  • Time: within 1 months including working days of assigned specialists and operation.
    This work package should start from end of February 2019 to middle March 2019
  • Location: in Ben Tre, Ninh Thuan, Binh Thuan and Lam Dong provinces.
  • General information about cooperative as below:
    • Thanh Binh Cooperative in Binh Thuan has established from Dec 2017 with current Coop member about 250-300 members.
    • Green Pomelo Cooperative in Ben Tre has established from Feb 2017 with current Coop member about 89 members.
    • Evergreen Grape Cooperative in Ninh Thuan has established from Aug 2015 with current Coop member about 48 members.
    • Dairy Don Duong Cooperative in Lam Dong has established from July 2017 with current Coop member about 80 members.

Required qualifications and experiences:

The consultants/firm should meet the following requirements:

  • Profound knowledge and experience on required topics
  • Experience in working with agricultural coops
  • Experience in presenting for farmers and local stakeholders

Remuneration

Please kindly help to send quotations to us with email as below: [email protected]

Job Details
Organisation Name: 
SOCODEVI
Application Deadline: 
Thu, 2019-02-28