THE SCOPE OF THE TASK INCLUDES THE IMPLEMENTATION OF A SPECIAL FINANCIAL AUDIT OF THE PROJECT IN ACCORDANCE WITH THE INTERNATIONAL STANDARDS FOR AUDITING (ISA) AND THE REQUIREMENTS OF THE WORLD BANK, WITH A VIEW TO ASSESSING THE INTEGRITY OF FINANCIAL MANAGEMENT AND INTERNAL CONTROL AND COMPLIANCE WITH FUNDING AGREEMENTS, INCLUDING THE AUDIT OF PROJECT FINANCIAL LISTS, THE VERIFICATION OF THE ELIGIBILITY OF EXPENDITURES AND THE USE OF FUNDS FOR THEIR PURPOSES, AND THE EVALUATION OF THE EFFECTIVENESS OF INTERNAL CONTROL SYSTEMS AND DISBURSEMENT PROCEDURES AND THE WITHDRAWAL FROM AD HOC ACCOUNTS. THE AUDIT ALSO INCLUDES VERIFICATION OF COMPLIANCE WITH WORLD BANK DIRECTIVES ON DISBURSEMENT AND PROCUREMENT, AUDIT OF SUPPORTING RECORDS AND DOCUMENTS, RECONCILIATION OF ACCOUNTS AND FINANCIAL RECONCILIATIONS AND ASSURANCE OF THE PROPER MANAGEMENT OF PROJECT-FUNDED ASSETS. THE AUDIT ALSO COVERS THE ASSESSMENT OF THE CONSISTENCY OF FINANCIAL PROGRESS WITH ACTUAL PROGRESS IN THE IMPLEMENTATION OF PROJECT ACTIVITIES, THE AUDIT OF RELEVANT CORRESPONDENCE AND REPORTS WITH THE WORLD BANK AND THE IDENTIFICATION AND REPORTING OF ANY WEAKNESSES, RISKS OR NON-COMPLIANCE SITUATIONS THAT MAY AFFECT THE FINANCIAL MANAGEMENT OF THE PROJECT..
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What is the procurement trend for THE SCOPE OF THE TASK INCLUDES THE IMPLEMENTATION OF A SPECIAL FINANCIAL AUDIT OF THE PROJECT IN ACCORDANCE WITH THE INTERNATIONAL STANDARDS FOR AUDITING (ISA) AND THE REQUIREMENTS OF THE WORLD BANK, WITH A VIEW TO ASSESSING THE INTEGRITY OF FINANCIAL MANAGEMENT AND INTERNAL CONTROL AND COMPLIANCE WITH FUNDING AGREEMENTS, INCLUDING THE AUDIT OF PROJECT FINANCIAL LISTS, THE VERIFICATION OF THE ELIGIBILITY OF EXPENDITURES AND THE USE OF FUNDS FOR THEIR PURPOSES, AND THE EVALUATION OF THE EFFECTIVENESS OF INTERNAL CONTROL SYSTEMS AND DISBURSEMENT PROCEDURES AND THE WITHDRAWAL FROM AD HOC ACCOUNTS. THE AUDIT ALSO INCLUDES VERIFICATION OF COMPLIANCE WITH WORLD BANK DIRECTIVES ON DISBURSEMENT AND PROCUREMENT, AUDIT OF SUPPORTING RECORDS AND DOCUMENTS, RECONCILIATION OF ACCOUNTS AND FINANCIAL RECONCILIATIONS AND ASSURANCE OF THE PROPER MANAGEMENT OF PROJECT-FUNDED ASSETS. THE AUDIT ALSO COVERS THE ASSESSMENT OF THE CONSISTENCY OF FINANCIAL PROGRESS WITH ACTUAL PROGRESS IN THE IMPLEMENTATIO..?
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