The Indigenous Learning Centre (ILC) is a registered charity established by AFOA Canada Board of Directors in 2013. The ILC carries on the following charitable programs and activities:
To promote the financial management professions through the education and training of Indigenous youth
To advance the education of Indigenous people in Indigenous communities on the subject of financial management, general management and leadership
To develop the capacity and skills of Indigenous people in such a way that they are better able to manage and govern their communities and thereby participating more fully in the economic opportunities to improve the lives of Indigenous people; and
To advance the skill and knowledge level of Indigenous People through an internship program.
Additional information can be found on the ILC tab at the AFOA Canada at www.afoa.ca.
The ILC has an annual budget of approximately $200,000. 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 accepted at the Annual General Meeting.
SCOPE OF SERVICES
The ILC 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 registered charities
APPROVAL AND CRITERIA
Preference will be given to firms located in the National Capital Region. The Board of Directors will review the proposals and will recommend an appointment at the Annual General Meeting scheduled to take place in August 2019.
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:
Technical Merit (75 pts)
– Quality of Proposal (5 pts)
– Capacity to do the work (20 pts)
– Indigenous involvement and/or experience (15 pts)
– Management of the work (25 pts)
– Methodology (10 pts) (e.g., description of deliverables / milestones
Financial Merit (30 pts)
– Price (25 pts)
– Quality of the price quote (e.g., detailed breakdown) (5 pts)