Federal Inland Revenue Service
15 Sokode Crescent, Wuse Zone 5, P.M.B 33, Garki, Abuja, Nigeria
Expression of Interest for Statutory Audit of FIRS
Introduction:
The Federal Inland Revenue Service (FIRS) seeks to engage the services of an audit firm to audit its annual Financial Statements. The Purpose of the audit is to express an independent professional opinion as to whether proper accounts and other records relating to those accounts have been kept by FIRS in respect of its activities, funds and properties: and also provide an opinion on whether the annual financial statements have been prepared in accordance with the relevant statements of accounting standards issued by the Financial Reporting Council of Nigeria.
The appointed External Auditors shall serve for a period of 3 years renewable once subject to satisfactory performance as evaluated by the FIRS.
2. Eligibility/ Requirements
Interested Audit firm shall at least:
- Be a duly licensed Accounting firm with one of the professional accounting bodies and has been in existence for at least 10 years;
- Show evidence of Registration with the office of the Auditor General of the Federation;
- Show evidence of all of the Partners current Tax Clearance Certificate showing a tax history for the last 3 years;
- Show evidence of Certificate of Registration with the Corporate Affairs Commission;
- Show proof of experience in auditing of public sector financial statements prepared on the basis of accrual accounting concept as guided by public sector financial management regulations, fiscal responsibility and public procurement acts;
- Provide profile of the firm, its partners and key professional staff who must be IFRS certified and curriculum vitae of particular staff that will work on this engagement;
- Show evidence of having branch offices in major cities from which the key offices of FIRS in Nigeria can be effectively covered, and set out the methodology with which they would conduct the audit of FIRS;
- State the staff strength of the firm; and
- Where applicable, evidence of PAYE deduction and remittance to the relevant Tax Authority.
- Evidence of compliance with section 6(1)-(3) of the Industrial Training Fund Amendment Act 2011as they relate to training contributions by liable organizations
3. Submission of Documents
Expression of Interest (EOI) for the audit work must be in sealed envelopes clearly marked EOI for External Audit Services addressed and hand delivered (not sent courier) to:
The Director,
Procurement Department (Room 128),
Support Services Group,
Federal Inland Revenue Service,
15. Sokode Crescent, Wuse Zone 5. Abuja.
4. Closing Date for Submission of Documents
All Expression of Interest documents must be submitted on or before 29th May, 2012 by 12.00noon. The documents will be opened at 1.00pm on the same day (29 May, 2012) in the presence of representatives of the bidding External Audit firms. Documents received will be evaluated, successful firms will be shortlisted and given tender document to submit Proposal for Statutory Audit of FIRS.
Notes:
a. This is not an invitation to tender
b. Submitting Expression of Interest (EOI) does not commit FIRS to awarding contract to a firm
c. The Federal Inland revenue Service reserve the right to verify claims made by any firm
d. Tendering false document is an offence which will lead to disqualification and prosecution.
5. For all enquiries:
Please call 08074983355
Mail: firsprocurement@firs.gov.ng
Signed:
Secretary, FIRS Tenders Board
For: Ag. Executive Chairman,
Federal Inland Revenue Services
