Financial Audit

The auditor shall perform the following tasks:

1. Plan, execute and report, by following the ISA 805, on the financial audit engagement in order to conclude on the principles matters.
2. Assess whether the partner has adequate policies and procedures in place relating to “ICS (2.2), Conformity with the project objectives and adherence to the contract conditions (2.3) and Economical conduct of business and effective use of financial resources (2.4)”.
3. Plan adequately the financial audit engagement in advance of the work.
4. Ensure the execution of the financial audit of highest professional quality in an economical and efficient manner.
5. Define, apply and carry out suitable audit procedures.
6. Analyse questions (Template Annex 1).
7. Deliver report in accordance with ISA.
8. Give recommendations to the management (Template Annex 2).