Engagement of an External Audit Firm for Financial Audit Services at Life at Best Development Initiative

Engagement of an External Audit Firm for Financial Audit Services at Life at Best Development Initiative

Unlock a Meaningful Partnership: External Audit Services at Life at Best Development Initiative (LABDI)

Life at Best Development Initiative (LABDI), a prominent national non-governmental organization dedicated to providing protection and humanitarian response for vulnerable populations in armed conflicts, is seeking expressions of interest from qualified external audit firms. LABDI implements crucial development interventions in Nigeria in partnership with the Swiss Agency for Development and Cooperation (SDC). To maintain the highest standards of transparency and accountability, we are engaging an independent audit firm to evaluate our financial practices.

Purpose of the Assignment

The selected audit firm will provide professional assurance on the financial information for the Local Actors Nigeria LABDI Project across two designated periods: December 2024 to 31 December 2025 and 1 January 2026 to 30 June 2026. Key focus areas include financial regularity, adequacy of internal controls, procurement and contracting, payroll, asset management, and statutory tax compliance.

Minimum Eligibility and Qualification Requirements

  • Firm Experience: Minimum of 10 years of relevant professional audit experience, with proven expertise in auditing UN agencies, INGOs, or donor-funded organizations.
  • Location: To ensure strict independence and avoid conflicts of interest, the auditing firm must be based outside Borno State (e.g., Abuja or Lagos).
  • Legal & Professional Status: Legally registered in Nigeria with authorized licenses, good professional standing, and active memberships in bodies such as ICAN, ACCA, ANAN, or CPA.
  • Team Qualifications: Key personnel must possess at least 5 years of relevant audit experience, led by an Engagement Partner holding a recognized professional qualification.

Submission Requirements

Interested firms must submit comprehensive Technical and Financial proposals outlining their methodology, organizational profile, team CVs, proposed timelines, and transparent fee structures inclusive or exclusive of applicable taxes.

Method of Application

Interested and qualified audit firms should submit their technical and financial proposals, or direct any requests for clarification, via email to procurement@labdinigeria.org. For inquiries, you may also contact 08062160849. Ensure all required documentation and declarations of independence are attached before the closing date.

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