Descriptions
SUMMARY
OVERVIEW
Tanzania Women Chamber of Commerce (TWCC) – Expression of interest (EOI) Engagement of an external audit firm for three consecutive financial years Reference No.: TWCC/EOI/EA/2026/01 Assignment: Provision of External Audit Services for TWCC Contract Duration: Three consecutive financial years Submission Deadline: 13 November 2026 Submission Email: [email protected] 1. Background The Tanzania Women Chamber of Commerce (TWCC) is a leading organization dedicated to empowering women entrepreneurs and fostering economic growth through advocacy, capacity building, and strategic partnerships. With a growing membership of over 22,000 women and youth, TWCC manages multiple grants, donor-funded projects, and subscription-based programmes. TWCC seeks to engage a competent audit firm with the professional
QUALIFICATIONS
- , technical capacity, and relevant experience necessary to audit its annual financial statements, assess compliance with applicable laws and donor
REQUIREMENTS
- , evaluate internal control systems, and provide recommendations for strengthening financial management and accountability.
- Therefore, TWCC invites qualified, independent, and registered audit firms in Tanzania to submit Expressions of Interest (EOIs) for the provision of external audit services for three consecutive financial years.
- 2.
- Objective of the assignment The overall objective of the assignment is to engage an independent external audit firm to audit TWCC’s financial statements for three consecutive financial years, with each financial year ending on 31 December.
- The specific objectives are to: Provide an independent professional opinion on the fairness and accuracy of TWCC’s annual financial statements.
- Assess compliance with applicable financial reporting standards, donor agreements, relevant laws, regulations, and TWCC’s internal policies.
- Evaluate the adequacy and effectiveness of internal control systems and recommend improvements where necessary.
- Review the management, allocation, utilization, and reporting of donor funds and other financial resources.
- Identify significant financial and operational risks and recommend appropriate mitigation measures.
- Strengthen financial accountability, transparency, and good governance within TWCC.
REQUIREMENTS
- , and the terms and conditions of the signed contract.
- TWCC will agree with the selected audit firm on a detailed annual audit schedule, including the commencement of fieldwork, submission of draft reports, and issuance of final reports.
- 4.
- Scope of the assignment The selected audit firm will be expected to undertake the following activities.
- 4.1 Financial statements audit Examine TWCC’s annual financial statements, including the statement of financial position, statement of income and expenditure or other applicable performance statement, cash flow statement, and accompanying notes.
- Verify that the financial statements are prepared in accordance with the applicable financial reporting framework.
- Review supporting accounting records, bank reconciliations, financial transactions, and relevant documentation.
- Obtain sufficient appropriate audit evidence to support the audit opinion.
- Issue an independent audit report for each financial year under review.
- 4.2 Compliance audit Assess compliance with applicable Tanzanian laws and regulations, including relevant tax and statutory obligations.
REQUIREMENTS
- .
- Assess compliance with TWCC’s financial management, [...]
HOW TO APPLY
Tanzania Women Chamber of Commerce (TWCC) – Expression of interest (EOI) Engagement of an external audit firm for three consecutive financial years Reference No.: TWCC/EOI/EA/2026/01 Assignment: Provision of External Audit Services for TWCC Contract Duration: Three consecutive financial years Submission Deadline: 13 November 2026 Submission Email: [email protected] 1.