The Ethiopian Media Council (EMC) is seeking an independent, certified external audit firm to audit its financial records for the fiscal year.

Here is a comprehensive, professional Terms of Reference (TOR) tailored specifically for the Ethiopian Media Council (EMC). It is structured to comply with the rules of the Authority for Civil Society Organizations (ACSO) and the Accounting and Auditing Board of Ethiopia (AABE), incorporating standard International Public Sector Accounting Standards (IPSAS) requirements. Terms of Reference (TOR) for the Provision of External Audit Services 1. Background The Ethiopian Media Council (EMC) is an independent, member-led, umbrella civil society organization registered with the Authority for Civil Society Organizations (ACSO) under Proclamation No. 1113/2019. Established as a self-regulatory body, the Council serves publishers, broadcasters, community media, online publishers, and journalists’ associations across Ethiopia. The EMC works to protect press freedom, enforce media ethics, administer an independent public complaints/arbitration mechanism, and build professional media capacity. It operates with funding generated from member contributions, localized media funds, and international development partners (e.g., UNESCO, European embassies). To maintain transparency and comply with legal requirements, the EMC seeks to hire an independent, certified external audit firm to audit its financial records. 2. Objective of the Audit The objective of the assignment is to enable the external auditor to express a professional and independent opinion on the financial position of the Ethiopian Media Council for the fiscal year ending [Insert Month, Day, Year], ensuring that: The financial statements present a true and fair view of the Council’s financial position. The funds provided to the Council by donors, members, and partners have been utilized for their intended purposes in compliance with grant agreements and budgets. The financial statements have been prepared in accordance with International Public Sector Accounting Standards (IPSAS) and relevant Ethiopian legal frameworks.