Expression of Interest for Annual Audit Services

Our organization is accepting proposals from firms of Chartered Accountants to provide Annual Audit Services. We invite firms to submit a proposal to us on or before 10th June, 2016 for consideration. A description of TYDF, the services needed and other pertinent information are as follows;

Background of TY Danjuma Foundation

TY Danjuma Foundation is an independent grant making organisation established in 2009 and dedicated to contributing to improving the quality of life of the people of Nigeria, notable in the areas of health and education. The Foundation was established by General Theophilus Yakubu Danjuma GCON (rtd) to advance his firm belief in and commitment to philanthropy.

The Foundation has its headquarters in Abuja, with operating offices in Jalingo, Taraba State and Benin City, Edo State. However, the work of the Foundation spreads across much parts of the country.

The Foundation is headed by a Chief Executive Officer, working with a Board of Trustees chaired by General T Y Danjuma GCON (rtd).

The Foundation issues an annual call for proposals from NGOs and CBOs based and working in Nigeria, especially those working at the community level. TY Danjuma Foundation does not implement projects or programs.  The Foundation awards grants to NGOs and CBOs after a thorough process of due diligence.  All proposals are reviewed by Management and the most fitting are recommended to the Board for consideration, approval and release of funds. The Foundation conducts monitoring and evaluation activities to ensure that its grants are judiciously utilised and meet the needs of the targeted communities and beneficiaries.

Focus Areas

  • Community Health Initiatives
  • Education and Skills training

 

Your Response to this Request for Proposal

In responding to this request, we require the following information:

Information on Audit Firm

  1. Detail your firm’s experience in providing services to organisations in the not- for-profit sector and IFRS experience.
  2. Provide information on whether you provide services to any organization similar to TY Danjuma Foundation.
  3. Discuss the firm’s independence with respect to TY Danjuma Foundation.

 

Staffing the review

  1. Identify the partner, manage and in- charge accountant who will be assigned to our job if you are successful in your bid and provide biographies. Indicate any complaints against them that have been leveled to your Board of Accountancy or other regulatory authority, if any. Indicate any corrective actions that have been taken by the firm with respect to these individuals.
  2. Discuss commitments you will make to staff continuity including your staff turn over experience in the last three years.
  3. Describe the competency of your proposed personnel as to their understanding of IFRS requirements.

Review Approach

  1. Describe how your firm will approach the review of the organisation including the use of any association or affiliate member firm personnel and the areas that will receive primary emphasis.

References

  1. Provide the names and contact information for other similarly sized clients of the partner and manager that will be assigned to your organisation for reference purposes.
  2. Describe how and why your firm is different from other firms being considered and why our selection of your firm as one of our independent reviewers is the best decision we could make.

Cost information

  1. Set forth your fee proposals for the review for the year.
  2. Furnish standard billing rates for classes of professional personnel for each of the last three (3) years.

Evaluation of Proposals

TY Danjuma Foundation will evaluate proposal on a qualitative basis. This includes our review of the firm’s proposal and related materials (if applicable), interviews with senior management personnel to be assigned to our organisation and the firm’s completeness and timeliness in its response to our request.

Please submit your response to this request for proposal by email by 10th of June, 2016 to:

The Finance and Admin Manager

TY Danjuma Foundation

Email address: externalauditors2016@tydanjumafoundation.org

 

Please send an email to the above if you have any questions regarding the preparation of your proposal.