AFOA Canada is a professional not-for-profit association incorporated with Industry Canada. AFOA Canada has a membership of over 1,500 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 is performed at AFOA Canada with the exception of the payroll which is prepared externally. AFOA Canada accounting personnel assist with the development of working papers and statements. AFOA Canada uses 300 Advanced Sage ERP (Version 2014) to maintain the accounts. The audited financial statements are approved by the Board of Directors and are accepted at the Annual Meeting of members.
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, 2020, March 31, 2021 and March 31, 2022.
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
APPROVAL AND CRITERIA
Preference will be given to firms located in the National Capital Region. The Audit Committee will review the proposals and will recommend an appointment at the Annual Meeting of Members scheduled to take place in October 2019 in Saskatoon, SK.
The proposal should include the level of service to be provided, related experience and information on the individual that will be conducting the audit, cost of services and timing.
Proposals will under-go a scoring process which will include the following factors:
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