Hill Bottom Recreation Center invites qualified audit firms to submit proposals for external audit services for the fiscal year ending 2018, covering both real estate and recreation operations.

HILL BOTTOM RECREATION CENTER INVITATION TO TENDER (ITT) FOR THE APPOINTMENT OF EXTERNAL AUDITOR FOR THE FISCAL YEAR 2018 (REAL ESTATE & RECREATION OPERATIONS) 1. Introduction Hill Bottom Recreation Center invites qualified, independent, and experienced audit firms to submit proposals for the provision of external audit services for the fiscal year ending 2018. The audit will cover both real estate and recreation operations, requiring a firm with multidisciplinary expertise. 2. Background Hill Bottom Recreation Center is a diversified organization engaged in both real estate development and recreational service operations. The Center develops and manages residential apartments for both investment and sale, while also operating recreational and wellness services. Given the integrated nature of its real estate and recreation operations, the Center maintains a complex financial structure that requires a comprehensive external audit to ensure accuracy, transparency, and compliance with applicable standards. The audit for the fiscal year 2018 will therefore cover all financial activities related to both property development and recreational services. 3. Scope of Work The selected external auditor will be required to: A. Financial Audit Conduct an independent audit of the FY 2018 financial statements. Express an audit opinion in accordance with applicable auditing standards. Ensure that the financial statements are prepared in compliance with International Financial Reporting Standards (IFRS). B. Systems & Compliance Evaluate internal control systems across both real estate and recreational activities. Assess compliance with applicable financial reporting frameworks, including IFRS, and regulatory requirements. Identify risks and inefficiencies. C. Deliverables Independent audit report with opinion (IFRS-compliant). Management letter detailing findings, risks, and recommendations for improvement. 4. Eligibility Criteria Interested firms must: Be registered and licensed au