Request For Proposals – Financial Statement Audit Services
1.0 INTRODUCTION AND BACKGROUND
AFOA Canada is a professional not-for-profit association incorporated with Industry Canada.
AFOA Canada has a membership of over 1,400 members and provides professional development programs, establishes standards of professional competency, certification and ethical conduct. It has become the centre for excellent and innovation in Indigenous finance, management and leadership.
Additional information including annual reports from previous years, can be found at the AFOA Canada at www.afoa.ca.
AFOA Canada has an annual budget that ranges from $2 to $3 million. The accounting function is a combination of inhouse AFOA Canada staff performing accounts payable and accounts receivable functions. The higher-level accounting functions are performed through remote accounting including payroll which is prepared externally. The remote accounting professionals assist with the development of working papers and statements. AFOA Canada uses 300 Advanced Sage ERP (Version 2020) to maintain the accounts. The audited financial statements are approved by the Board of Directors and are accepted at the Annual Meeting of members.
2.0 SCOPE OF SERVICES
AFOA Canada is seeking a qualified firm that can provide professional audit services for annual
financial statement audits for three (3) fiscal years. This RFP is for services for the fiscal years
that will end on March 31, 2023, March 31, 2024, and March 31, 2025.
The successful audit firm will be required to demonstrate:
- Experience in working with Indigenous organizations
- Experience in working with not-for-profit organizations
- Knowledge of Federal Government Contribution Agreements
3.0 REQUEST FOR PROPOSAL
AFOA Canada is inviting proposals from persons or parties to provide the above goals and
deliverables to AFOA Canada in the time frame specified.
As a contractor, you are being asked to provide one electronic copy of your proposal by Monday,
June 20, 2022 at 5 p.m. EDT.
Human Resources/Corporate Officer
301-1066 Somerset Street West
Otawa, ON K1Y 4T3
Click here to access the AFOA Canada Audit Services RFP