Audit of the Accounts of the ECOWAS Pharmaceutical Industry Development Project

15-Jun-2026 The services to be provided under this contract include: (i) obtaining reasonable assurance that the financial statements taken as a whole are free from material misstatements, whether due to fraud or error; (ii) obtaining an opinion to determine whether the financial statements have been prepared, in all material respects, in accordance with the applicable financial reporting framework; (iii) obtaining reasonable assurance that the project's accounting records form the basis for the preparation of the project financial statements (PFS) by the project implementation unit and are prepared to accurately reflect the project's financial transactions, and that the project implementation unit has implemented adequate internal controls while maintaining supporting documentation for all transactions; (iv) expressing an independent professional opinion on the project's financial position, verifying that project funds have been used for their intended purposes and in accordance with the terms of the loan/grant agreements; (v) obtain reasonable assurance regarding the achievement of the project or program objectives by ensuring that the project's physical outputs correspond to the disbursed funds and the schedule of cash outflows; the project or program technical report provides sufficient information and data to enable users to fully assess the project's outputs; and (vi) prepare a report on the financial statements and communicate its own findings as required by auditing standards. https://www.afdb.org/sites/default/files/documents/project-related-procurement/eoi_project_audit_vf_0.pdf