Our technical approach and methodology are to explain our understanding of the objectives of the assignment, approach to the services, methods for carrying out the activities and obtaining the expected output, and the degree of detail in such production.

We highlight the problems being addressed and their importance and explain the technical approach we would adopt to address them. We also describe the methodologies we propose to adopt and highlight the compatibility of those methodologies with the proposed approach.

Under the work plan, we propose the main activities of the assignment, their content and duration, phasing and interrelations, milestones (including interim approvals by the Client), and delivery dates of the reports.

The proposed work plan should be consistent with the technical approach and methodology, showing an understanding of the Terms of Reference (TOR) and the ability to translate them into a feasible working plan.

However, where we are engaged as External Auditors, our scope of services shall include the following:

A. Review and report on the accounting systems and internal control procedures of the organization. Our audit report shall include appropriate recommendations for further improvements in the procedures and control systems.

B. Provide an independent opinion on the books of account and records kept and review the Internal Control Systems regarding the utilization of funds.

Our methodology includes the conduct of the audit in accordance with relevant pronouncements from IFAC and its organs, including International Auditing Standards (IAS), International Standards on Auditing (ISA), International Financial Reporting Standards (IFRS), Nigerian Standards on Auditing (NSA) as well as any other relevant auditing guidelines and to conform to the requirements of the Office of Auditor General for the Federation (OAuGF) where necessary. However, our audit shall be guided by relevant provisions of any Grant Agreement and/or other MOUs.

Our reports shall consist of:

C. A draft report on findings of the audit and to provide recommendations for the way forward – Management Letter.

D. A final audit report expressing our independent opinion on the organization's books after completing the audit assignment.