The scope of the assignment includes carrying out a special financial audit of the project in accordance with International Standards on Auditing (ISA) and World Bank requirements, with the aim of assessing the soundness of financial management, internal control and compliance with financing agreements. This includes reviewing the project’s financial statements, verifying the eligibility of expenditures and the use of funds for their designated purposes, and evaluating the effectiveness of internal control systems and disbursement and withdrawal procedures from designated accounts. The audit also includes verifying compliance with World Bank guidelines related to disbursement and procurement, reviewing supporting records and documents, reconciling accounts and financial settlements, and ensuring the sound management of assets financed by the project. The audit also covers assessing the consistency of financial progress with actual progress in implementing project activities, reviewing relevant correspondence and reports with the World Bank, and identifying and reporting on any weaknesses, risks or non-compliances that may affect the financial management of the project.
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What is the procurement trend for The scope of the assignment includes carrying out a special financial audit of the project in accordance with International Standards on Auditing (ISA) and World Bank requirements, with the aim of assessing the soundness of financial management, internal control and compliance with financing agreements. This includes reviewing the projects financial statements, verifying the eligibility of expenditures and the use of funds for their designated purposes, and evaluating the effectiveness of internal control systems and disbursement and withdrawal procedures from designated accounts. The audit also includes verifying compliance with World Bank guidelines related to disbursement and procurement, reviewing supporting records and documents, reconciling accounts and financial settlements, and ensuring the sound management of assets financed by the project. The audit also covers assessing the consistency of financial progress with actual progress in implementing project activities, reviewin..?
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