Habitat for Humanity Indonesia is accepting proposals to provide audit
services for the fiscal year ending 30 June 2013. We invite your firm to
submit a proposal to us by July , 12th 2013 for consideration. A
description of the organization, the services needed, and other
pertinent information follows:
Background of Habitat for Humanity International (HFHI)
HFHI is a nonprofit organization that has its international headquarters
in Atlanta, United States. HFHI and its affiliated offices construct
simple decent homes in partnership with low-income persons and sell them
at no profit. HFHI supports an affiliated National Office in Indonesia
(yayasan Habitat Kemanusiaan Indonesia). This organization has a June
30 fiscal year end and is required to submit audited financial
statements in accordance with the following guidelines with HFHI each
year. Your proposal should anticipate delivery of draft financial
statements including footnote disclosures to HFHI by September 12, 2013.
Background of HFH Indonesia
- HFH Indonesia was established legally in Indonesia in 1st May 1997. HFH Indonesia covers the regular program through branches (previously called as Affiliate) at Jakarta, Bandung, Yogjakarta, Surabaya, Manado and Batam. To date, HFH Indonesia (in partnership with HFH International already served more than 39.000 families through building, renovation or services provision of simple, decent, safe and affordable houses.
- The current assets of organization is around IDR 21 Bio with the activity funding acount IDR 22 Bio. (up to April 2013)
- Financial Software in use SUN system (SUN 6)
- Availability of prior reports and workpapers – external audit report for regular program and Disaster Response Program for fiscal year 2005 and 2006. Audit Report for fiscal year 2007 by Ernst & Young, fiscal year 2008 , 2009 by KNN & 2010 by KNTR and 2011 & 2012 by Griselda CPA.
Services to Be Performed
Your proposal is expected to cover the following services:
Your proposal is expected to cover the following services:
- Annual audit to be completed in September 12th 2013
- Auditors’ written evaluations of organization internal controls and give suggestion to the management.
Requests for additional information, visits to our site, review of prior
financial statements and tax returns, and/or appointments with other
staff or finance staff should be coordinated through National Accountant
(Billy) or Finance Coordinator (Citra). You can reach his / her at the
number 021-29916074.
Other Information
Other Information
- Accounting and Auditing Standards – audit procedures should be performed in accordance with generally accepted auditing standards of the Republic of Indonesia and the financial statements should be prepared in conformity with generally accepted accounting principles (PSAK) of the Republic of Indonesia.
- Independent Auditors’ Report – the auditors’ standard report contains an unqualified opinion that the financial statements are presented fairly, in all material respects, in conformity with generally accepted accounting principles (PSAK) of the Republic of Indonesia. That conclusion may be expressed only when the auditor has formed such an opinion on the basis of an audit performed in accordance with generally accepted auditing standards (PSAK) of the Republic of Indonesia.
- Required Financial Statements – the following financial statements must be included in the audit report:
- Statement of Financial Position (Balance Sheet) as of June 30, 2013
- Statement of Activities and Changes in Net Assets (Income Statement) for the year ended June 30, 2013
- Statement of Cash Flows for the year ended June 30, 2013
- Statement of Functional Expenses for the year ended June 30, 2013
- Notes to Financial Statements
- Required Letter to Management – the management letter should address issues relating to weaknesses in internal controls, accounting systems, procedures, and reports and provide specific recommendations for improvement.
Expected Approach to this Audit
- Identify the partner, manager, and in-charge accountant who will be assigned to this audit and provide biographical material.
- Describe how your firm will approach the audit of the organization, including the use of any association or affiliate member firm personnel.
- Set forth your fee proposal for the 2013 audit, with whatever guarantees can be given regarding fee increases in. Ensure that the fee as proposed is sufficient to cover the work that you expect to perform if you are awarded this audit.
Background on the Firm:
- Detail your firm’s experience in providing auditing and tax services to non-profit organizations, as well as companies of a comparable size to HFH Indonesia.
- Discuss commitments you will make to staff continuity, including your staff turnover experience in the last three years.
- Your firm must be has an affiliation with International Public Accountant or membership or International network accounting firm.
- Describe how and why your firm is different from other firms being considered, and why our selection of your firm as our independent auditors is the best decision we could make.
- Describe the firm’s approach to the resolution of technical disagreements (a) among engagement personnel, and (b) between the firm and the client.
- Describe the key regulatory and tax reporting requirements of non-profit organizations such as Habitat for Humanity in Indonesia.
- Information on whether any companies for whom you already provide services are part of our value chain – as either a supplier, client, director or employee of HFH Indonesia.
Evaluation of Proposals
HFH Indonesia will evaluate proposals on a qualitative basis. This will include our interviews with senior engagement personnel to be assigned to our organization, results of discussions with other clients, and the firm’s completeness and timeliness in its response to us.
As previously mentioned, if you choose to respond to this request, please do so by July 12th, 2013 and send it to :
Habitat for Humanity Indonesia
Belleza Arcade Lt 2, unit 25-27
Jln. Let.Jend Soepeno No 34
Permata Hijau - Jakarta Selatan - 12210
Phone : 6221-29916074
Attn. Samuel Gunawan, Ak, MM, CPA
CFO Habitat Indonesia.
Or Email to :
billy@habitatindonesia.org ; citra@habitatindonesia.org
HFH Indonesia will evaluate proposals on a qualitative basis. This will include our interviews with senior engagement personnel to be assigned to our organization, results of discussions with other clients, and the firm’s completeness and timeliness in its response to us.
As previously mentioned, if you choose to respond to this request, please do so by July 12th, 2013 and send it to :
Habitat for Humanity Indonesia
Belleza Arcade Lt 2, unit 25-27
Jln. Let.Jend Soepeno No 34
Permata Hijau - Jakarta Selatan - 12210
Phone : 6221-29916074
Attn. Samuel Gunawan, Ak, MM, CPA
CFO Habitat Indonesia.
Or Email to :
billy@habitatindonesia.org ; citra@habitatindonesia.org
