Eastern European Coalition for LGBT+ Equality, wishes to engage the services of an audit firm for the purpose of auditing the “Eastern European Coalition for LGBT+ Equality 2025-2027” - RFSL Partnership Agreement №5809-1001 project. The audit shall be carried out in accordance with international audit standards (ISA) issued by IAASB. In addition, an assignment according to International Standards on Related Services (ISRS) 4400 (Revised) shall be carried out. The audit and the additional assignment shall be carried out by an external, independent and qualified auditor.
The objective is to audit the financial report for the period of
- June 1, 2025 - December 31, 2025
- January 1, 2026 - December 31, 2026
- January 1, 2027 - December 15, 2027
as submitted to Donor and to express an audit opinion according to ISA, applying ISA 800/ISA 805, on whether the financial report of “Eastern European Coalition for LGBT+ Equality 2025-2027” - RFSL Partnership Agreement №5809-1001 is in accordance with the Cooperation partner´s accounting records and Sida’s requirements for financial reporting as stipulated in the agreement including appendices between RFSL and Cooperation partner (Agreement).
Final audit report must be submitted no later than February 28, each year.
Total project budget is 750 085 SEK.
Mandatory procedures that must be included:
Enquire whether there has been any reported findings from the screening process and if so, report on such findings.
b) Applicable the final year: Inspect and confirm the unspent fund balance (including exchange gains) in the financial report and confirm the amount that shall be repaid to RFSL.
The reporting shall be signed by the responsible auditor (not just the audit firm) and shall include the title of the responsible auditor.
Reporting from the ISA assignment
The reporting from the auditor shall include an independent auditor’s report in accordance with the format in standard ISA 800/805 and the auditor’s opinion shall be clearly stated. The financial report that has been the subject of the audit shall be attached to the audit report.
The reporting shall also include a Management letter that discloses all audit findings, as well as weaknesses identified during the audit process. The auditor shall make recommendations to address the identified findings and weaknesses. The recommendations shall be presented in priority order and with a risk classification.
Measures taken by the Cooperation partner to address weaknesses identified in previous audits shall also be presented in the Management Letter. If the previous audit did not have any findings or weaknesses to be followed-up on, a clarification of this must be disclosed in the audit reporting.
If the auditor assesses that no findings or weaknesses have been identified during the audit that would result in a Management Letter, an explanation of this assessment must be disclosed in the audit reporting.
Reporting from the ISRS 4400 (Revised) assignment.
The additional assignment according to agreed upon procedures ISRS 4400 (Revised) under section II, shall be reported separately in an “Agreed-upon procedures report”.
Performed procedures should be described and the findings should be reported in accordance with the requirements in the International Standard on Related Services 4400 (Revised).
When applicable, the sample size shall be stated in the report.
SignaturesWith their signature, the undersigned certify the fulfilment of the requirements of these terms of reference and its existing rules.
Questions and Clarifications
If you have questions or need clarifications regarding these Terms of Reference, please send them in writing by email to vresetnic@eeclgbt.org
All proposals in response to this ToR must be received no later than 16:00 local time on February 05, 2026.
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