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TERMS OF REFERENCE FINANCIAL REVIEW (Agreed-upon procedures engagement) Valid for review of financial statements of local NGOs; review of projects under mandate or contribution contracts. 1. Fundamental

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What is terms of reference for?

Terms of reference are a document that outlines the scope, objectives, and deliverables of a project or task. It provides guidance on how the project should be executed and helps to ensure that all stakeholders have a clear understanding of the project's goals and expectations.

Who is required to file terms of reference for?

The party responsible for initiating a project or task is typically required to file the terms of reference. This could be an individual, a department within an organization, or an external entity, depending on the nature of the project.

How to fill out terms of reference for?

To fill out terms of reference, one must clearly define the project's objectives, scope, deliverables, and timelines. It may also include information about the stakeholders involved, the resources required, and any relevant legal or regulatory considerations. The document should be concise, yet comprehensive enough to provide clear guidance for executing the project.

What is the purpose of terms of reference for?

The purpose of terms of reference is to provide a clear framework for executing a project or task. It helps to establish expectations, define roles and responsibilities, and ensure that all stakeholders are aligned on the project's objectives. It also serves as a reference document for evaluating the project's progress and success.

What information must be reported on terms of reference for?

Terms of reference should include information such as project objectives, scope, deliverables, timelines, stakeholders, resources required, and any relevant legal or regulatory considerations. The document should provide enough detail to guide the execution of the project, but also be concise and easy to understand.

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