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Request For Proposals For Financial Audit Turkey In-Country Educational Service Providers English Access Scholarship Program. Background: The English Access Scholarship Program (Herein Referred To As Access ) Is A Multi-Faceted Program Supporting Global English Language Learning Needs And Improving English Teaching In More Than 80 Countries. The Program Exposes Participants To U.S. Culture And Democratic Values Through English Language Scholarships For Underserved Learners, Professional Development Opportunities For Teachers And Administrators, And Programming For Alumni. Objectives For Financial Audit / Audit The Purpose Of This Engagement Is To Conduct A Financial Audit Of The Access Providers. The Specific Objectives Of The Financial Audit Will Be To: (1) Determine If In-Country Educational Service Providers (Hereinafter Referred To As Provider) Financial And Procurement Program Records Are In Alignment With The Access Program Handbook And In Compliance With Their Service Agreements, And The U.S. Department Of StateS Terms And Conditions, And Requirements From 2 Cfr 200 And 600; Identify Any Weaknesses And Recommend Improvements. (2) Determine If Providers Bank Reconciliation Documents Align With Their Financial Reports And General Ledgers. (3) Determine If Providers Internal Controls Are Working As Designed And Provide Reasonable Assurance Of Control; Identify Any Weaknesses And Recommend Improvements. (4) Provide Assurance That The Incurred And Reported Costs Are Accurately Recorded, Supported By Adequate Documentation, And Are Allowable, Allocable, And Reasonable. Specific Task For Financial Audit The Organization Should Use The Following Steps For The Financial Audit. The Steps Are Not Considered Allinclusive Or Restrictive In Nature And Do Not Constitute Relief From Exercising Professional Judgment. The Steps Should Be Modified To Fit Local Conditions And Specific Program Design, Implementation Procedures, And Agreement Provisions, Which May Vary Between Programs. (1) Obtain An Understanding Of Providers Financial Management, Program Financial Reports; Chart Of Accounts, If Any; Policies And Procedures For Human Resources, Salary And Wages, Travel And Procurement, And Related Internal Controls Applicable To The Access Program. (2) Verify If Costs Incurred And Reported By Providers Are Allowable, Allocable, And Reasonable In Accordance With The Applicable Rules And Regulations And Agreement Provisions And Identify Any Questioned Costs. Verify Salary And Wages, Benefits Costs, Travel Costs, Book And Instructional Material Cost, Food And Beverage Cost, And Other Costs Per The Approved Agreement For Compliance With All Applicable Requirements. (3) Evaluate Providers Internal Controls Related To Their Access Programs, Assess Control Risk, And Identify Any Weaknesses. (4) Evaluate Compliance With The Service Agreement, The Access Program Handbook, And U.S. Department Of State Requirements. (A) Pre-Financial Audit: The Selected Organization Must Audit The Applicable Documents Considered Necessary To Perform The Financial Audit. Fhi 360 Will Share With The Organization The Following List Of Documents: (1) Relevant Sections Of The Cooperative Agreement Between U.S. Department Of State And Fhi 360 ( Partially Shared Version). (2) The English Access Scholarship Program Handbook. (3) Providers Technical And Cost Proposal, Program Agreements And Any Subsequent Agreement Modifications. (4) Providers Financial Reports That Have Been Approved By Dos. Access Providers Will Share With The Organization The Following List Of Documents Applicable To The Programs Being Audited: (5) Expenditure Detail Report/General Ledger For All Approved Expenses. (6) Providers Written Policies On Procurement, Financial Management, Personnel, Travel, Inventory Management; And Administrative Management, If Any. Tender Link : Http://Solicitations.Fhi360.Org/Solicitation.Aspx
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