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CONTRACT NO: SDA/8/3/103/2023/2024. APPOINTMENT OF A SERVICE PROVIDER FOR THE PREPARATION OF SDA AFS AND TO ASSIST WITH AUDIT SUPPORT DURING AUDITORS GENERAL AUDIT AND REVIEW FOR 2023/2024. BID DOCUMENT
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Audit support refers to the documentation and evidence that auditors require from a company to substantiate its financial statements and ensure compliance with accounting standards.
Any organization or entity that is undergoing an audit is required to provide audit support, including businesses, non-profits, and government entities.
To fill out audit support, gather all relevant financial documents, prepare a checklist of required items from the auditors, organize the information clearly, and ensure that all necessary signatures and approvals are in place.
The purpose of audit support is to provide auditors with sufficient evidence to validate the accuracy of an organization’s financial statements and ensure regulatory compliance.
The information that must be reported includes financial statements, transaction records, reconciliations, internal controls documentation, and any other materials requested by the auditors.
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