Audit and assurance

Audit of donor funded projects and NGOs in Djibouti

Reports that meet the terms of reference of the financing agreement, delivered within the donor's deadline.

Chartered accounting Statutory audit Contractual and internal audit Donor project audits Tax and payroll Advisory

Project implementation units, ministries, agencies and non governmental organisations in Djibouti manage funds from the World Bank, the African Development Bank, the European Union, United Nations agencies and bilateral partners. Each financing agreement sets its own audit requirements. AXIAL Advisory and Audit knows these frameworks and builds its work directly on the donor's terms of reference.

We express an opinion on the project financial statements and report on the designated account, the statements of expenditure, the eligibility of costs, compliance with the procurement procedures and the implementation of previous recommendations, in French or in English as the donor requires.

Scope of our work

Project financial statements

Opinion on the sources and uses of funds, expenditure by category and component, and the reconciliation with the amounts disbursed by the donor.

Designated account and expenditure

Verification of the designated account movements, of the statements of expenditure supporting withdrawal applications and of the eligibility of each expense tested.

Procurement and internal control

Review of procurement files against the agreed procedures, assessment of internal control and a management letter with prioritised recommendations.

A calendar aligned with the donor

Who we serve

Project implementation units of ministries and public agencies, national and international NGOs, foundations, United Nations implementing partners and private operators managing grants or results based financing in Djibouti and the Horn of Africa.

Terms of reference

We read the financing agreement, the project manual and the donor's audit guidelines and translate them into a work programme.

Fieldwork with the PIU

Work is scheduled with the implementation unit to limit disruption, with a document list sent before the mission.

Draft report

The draft is submitted to the unit for comments, which are reproduced in the final report with our position.

Final report and restitution

Signed reports are delivered within the agreement's deadline, generally within six months of the year end, and presented to the steering committee if requested.

Frequently asked questions

Answers to the questions we are most often asked before an engagement.

Most financing agreements require the auditor to be acceptable to the donor and selected under its procurement rules. We provide the documents needed for this approval, including our registration with the Ordre des Experts-Comptables de Djibouti.

Yes. Our team works in both languages and issues reports in the language required by the terms of reference.

Yes. We organise the work by financing source and by year, and reconcile each donor's share so that every partner receives the report it expects.

We flag it immediately to the unit and the donor, propose a catch up plan carried out by a separate team, and audit the accounts once they are complete.

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