Term of Reference for Annual Audit FY 081/082
1. Background:
Panchtara Yuwa Samrakshak Manch (PTYSM) is a non-governmental, non-profit humanitarian and development organization established in 1997. It is registered with the District Administration Office, Jajarkot and affiliated with the Social Welfare Council of Nepal. PTYSM is led by a committed team of development professionals and social workers with extensive experience in rural development. The organization primarily operates in Karnali Province and focuses on improving food security, nutrition, sustainable livelihoods, education, disaster risk reduction (DRR), humanitarian response, protection, and disability inclusion among marginalized communities. PTYSM is guided by its core values of equity, inclusion, and resilience, with a strong emphasis on ensuring meaningful participation and benefit for women, disadvantaged groups, and persons with disabilities.
PTYSM hereby invites proposals from eligible and qualified Chartered Accountancy firms to conduct its Annual Statutory Audit for the fiscal year 2081/82 (corresponding to 2024/25).
2. Objective of the Audit
The objective of the audit is to obtain an independent auditor’s opinion on the financial statements of PTYSM for the fiscal year 2081/82, assess the effectiveness of the internal control system, and verify compliance with applicable laws, donor agreements, and the organization’s internal policies and procedures.
3. Performance Period and financial figure for Audit.
The audit will cover the financial period from 1 Shrawan 2081 to 31 Ashad 2082 (17 July 2024 – 15 July 2025). The total figure for audit is approximately 195000000.
4. Scope of Work
The audit will encompass the overall financial and operational management systems of PTYSM’s central and field office. Key areas include Finance, Procurement, Asset Management, Cash Handling, Human Resources, and General Administration. The scope of the audit shall include, but not be limited to, the following:
General
Fixed Asset Management System
Human Resource Management System
5. Deliverables
The selected audit firm shall provide the following deliverables:
6. Duration of Audit: The audit work shall be completed within two weeks from the date of commencement of the audit.
7. Qualification and Experience of Audit Firm
Interested audit firms must meet the following criteria:
8. Evaluation Criteria
9. Proposal Submission Checklist:
Interested firms are required to submit their financial and technical proposal separately including the following documents:
A technical proposal including:
The proposals must be submitted at ptysm.procurement@gmail.com by 15 Shrawan 2082 (30 July 2025). For any queries or clarifications regarding this ToR or the proposal process, please contact: PTYSM Office: 089-594068 or 9846084149.