AUDIT AND INTERNAL CONTROL
Background:
Good Neighbors International (GNI) is an international humanitarian and development NGO established in South Korea in 1991 and has operational offices in nearly 40 countries worldwide. Good Neighbors seeks to improve livelihoods, health conditions, education, hygiene, sanitation, access to clean water, promotion of children’s rights, and establishment of social networks for the disadvantaged.
Auditee: Good Neighbors Cameroon
Financial year: 01 January 2026 – 31 December 2026
Number of staff: 46
Total number of bank accounts and sub-accounts: 17
Number of offices: 04 (Yaoundé, Mbalmayo, Maroua & Batouri)
Scope of Engagement
Financial Statement Audit
The Auditor shall conduct an independent audit of the financial statements for the relevant financial year and issue an Independent Auditor’s Report. The financial statements subject to audit shall include, at a minimum:
- Statement of Financial Position
- Statement of Activities or Income and Expenditure Statement
- Statement of Cash Flows
- Statement of Changes in Fund Balance or Net Assets
- Notes to the Financial Statements
- Any other financial statements, disclosures, or accompanying notes required under applicable local laws and regulations or the applicable financial reporting framework
The financial statements shall be prepared in accordance with accounting standards and financial reporting frameworks applicable to the respective Partnership Country, which may include IFRS, IFRS for SMEs, IPSAS, Local GAAP, or other standards prescribed by national laws or regulatory authorities.
Internal Control Review and Management Letter
In addition to the financial statement audit, the Auditor shall review the Partnership Country’s financial management practices, operational procedures, and internal control framework. This review shall cover key areas such as:
- Financial Management
- Procurement and Vendor Management
- Asset and Inventory Management
- Human Resources and Payroll
- Legal, Tax, and Regulatory Compliance
- Fraud and Misconduct Risk
Submission of Application Package
The audit firm should submit a technical and financial proposal including:
- A signed cover letter
- Photocopy of the ID Card of the legal representative of the company
- Certificate of tax compliance issued within the last three months
- Certificate of registration
- Certificate of location
- Bank account attestation
- Key personnel involved, their CVs, and references
- Schedule and timetable for the execution of the mission
- Proposed methodology for conducting the audits
Deadline for Submission of Bids: November 07, 2026, at 04:00 PM.
Submission files must be addressed to the Country Director of Good Neighbors Cameroon in a sealed envelope with the mention: « External Audit and Review of GNCMR’s Accounts – Financial Year 2026. »
Note: Bids received after the deadline will not be considered.