1. Introduction

Editors’ Guild of Ethiopia (EGE) is a professional, membership-based association established on October 29, 2019, and officially registered by the FDRE Agency for Civil Society Organizations under registrar number 4527. Its formation was driven by a comprehensive assessment of Ethiopia’s media landscape, which revealed significant structural and institutional gaps; particularly the absence of a dedicated organization representing news editors. As media gatekeepers, editors play a decisive role in shaping content, ensuring ethical standards, and safeguarding professional integrity. However, they often operate under precarious conditions, facing heightened risks of threats, intimidation, and interference. The Guild was thus conceived as a platform to address these vulnerabilities while strengthening editorial leadership as a cornerstone of media freedom.

EGE is seeking proposals from qualified and experienced audit firms to provide external audit services for its annual financial statements and specific project accounts for the fiscal year. 

2. Objective of the Audit

The primary objective of the audit is to enable the auditors to express an independent professional opinion on:

• The true and fair view of the financial position of EGE as presented in its annual statements.
• That the funds utilized for its projects have been used for their intended purposes.
• The audit will ensure that the financial statements and project reports are prepared in all material respects in accordance with the applicable financial reporting framework and comply with the requirements of donors and relevant national laws.

3. Scope of Work

The successful audit firm will be required to conduct the audit in accordance with:

• International Standards on Auditing (ISAs)
• Ethiopian Auditing Standards
• Relevant EU Audit Standards and Requirements (for specific donor-funded projects)
• The audit shall be carried out in accordance with the International Federation of Accountants (IFAC) Code of Ethics and will include such tests and controls as the auditors deem necessary.

The specific tasks will include, but are not limited to:

• Verifying all funds have been used in accordance with the established rules and regulations and only for the purposes for which they were granted.
• Verifying that the financial statements are prepared in accordance with International Financial Reporting Standards (IFRS) and/or any other applicable framework.
• Examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements.
• Assessing the accounting principles used and significant estimates made by management.
• Evaluating the overall presentation of the financial statements.
• Issuing an Audit Report comprising an opinion on the financial statements and, if required, a separate opinion or report on the project accounts.
• Preparing a Management Letter, highlighting key observations, internal control weaknesses, and recommendations for improvement.

Ref: EGE/CfP/AUD/2024-2025

Date: September 23, 2025

4. Eligibility and Qualification Requirements

Interested audit firms must demonstrate their capacity and experience to perform this assignment. The submission should include:

• A valid business license and certificate of registration to practice auditing in Ethiopia.
• A valid tax registration certificate (TIN) and recent tax clearance certificate.
• Profile of the firm, including years of experience, organizational structure, and a list of similar clients, particularly with non-profit organizations, media associations, and projects funded by international donors.
• References from at least three previous clients for whom similar services were provided.
• A proposed work plan and timeline for the completion of the audit.

5. Selection Process

• EGE will evaluate the submissions based on:
• The firm’s qualifications, experience, and reputation (40%)
• The experience in Similar Areas (30%)
• Financial Proposal (30%)

How To Apply

Interested and qualified audit firms should submit their Technical and Financial Proposals in a sealed envelope clearly marked: 

Proposal for External Audit Services: Ref EGE/CfP/AUD/2024-2025

The submission must be delivered to EGE Office, Yeka Sub-City, Woreda 08, Signal Business Center, Office Number 605 no later than 5:00PM on October 07, 2025.

For any clarifications regarding this EOI, please send emails to careers@editorsguild.org

Or Call +251118 550154