TERMS OF REFERENCE
AUDIT AND FINANCIAL MANAGEMENT REVIEW PERIODE 2015
YAYASAN KARINA
JAKARTA
AUDIT AND FINANCIAL MANAGEMENT REVIEW PERIODE 2015
YAYASAN KARINA
JAKARTA
Yayasan Karina
KARINA (Caritas Indonesia) is the humanitarian arm of the Bishops’ Conference of Indonesia based in Central Jakarta and is officially considered as a member of the Caritas Internationalist confederation. Karina is established in 2006 with focus on disaster management issue which is translated into 4 programs, namely DRR, Diocesan Accompaniment, Promotion and Identity, and Capacity Building for Emergency Response designed for 2011-2013 period. KARINA (Caritas Indonesia) acts as a coordinating and facilitating body for all the 37 Dioceses incorporated under the Bishops’ Conference of Indonesia.
OBJECTIVEThe objective of the assignment is to audit the accounts and evaluate the financial
Management practices of Yayasan Karina’s Financial Statement of 2015 period with all related projects during that period. In every year Karina has not under 10 project with total budget almost Rp. 10 Million Rupiah for all the project every year.
Management practices of Yayasan Karina’s Financial Statement of 2015 period with all related projects during that period. In every year Karina has not under 10 project with total budget almost Rp. 10 Million Rupiah for all the project every year.
SCOPEThe selected auditor shall conduct the following tasks:
- Audit and review the accounts of Financial Statements for the fiscal year ending December 31st, 2015.
- Audit and review all projects during that period
- Certify that the funds were utilized for its intended purposes according to the terms in the project Memorandum of Understanding (MOU)
- Produce a management report on the evaluation of the financial management practices of Yayasan Karina indicating the strengths and weaknesses, as well as corrective measures needed to ensure proper financial management.
- Review the financial aspects of procurement of goods (purchase orders, tendering process and supporting documents)
- Review all significant contracts and audit all costs paid by Yayasan Karina
- Assess the draft Financial and Administrative Manual to ensure that the manual is complete and that it is in line with the current fiscal and administrative management reporting and regulations
- Assess the internal controls of Yayasan Karina, including controls related to personnel management, procurement, invoicing for services rendered, inventories, safeguard of Yayasan Karina’s assets (cash, bank, fixed assets, etc.)
- Any other related financial and administrative matter that may arise during the course of the assignment.
ROLE OF THE AUDITORThe selected auditor shall meet with Karina’s Executive Director prior to the audit and after the audit to review his findings, prior to finalizing the report.
OUTPUTThe report shall describe the major findings arising from the work performed together with appropriate recommendations, both in English and in Bahasa Indonesia. The report shall also include an audit opinion and management letter of Yayasan Karina financial statements for the year ended December 31st, 2015. The report should have the institutional report.
AUDITOR CRITERIA
- The auditor not as personal but should bring the organization names
- Have experience for audit NGO or yayasan
- Familiar with finance report not profit
- Familiar with SAK 45
- Should send the application or offering letter with budget request and timetable or work
