Supervised by: On-iriya Fugthaworn and Harin Roongsattham
Duration: August 15 – September 30, 2026
Location: WWF-Thailand office
- Background
The Dawna Tenasserim Landscape (DTL) is one of the largest and most species-rich forested areas in Southeast Asia and is recognized as an international conservation priority area due to its high biodiversity values. The forests contain the habitat of the last remaining significant population of Indochinese tiger and are home to numerous other partly endangered species, such as Asian elephant, leopard, wild cattle, and deer. But the forest ecosystem is not just extremely important for animals and plants, it is also the source of around 30% of the drinking water for Bangkok’s 12 million inhabitants and home to 50,000 people.
Based on the financial information of the project, WWF-Thailand aims to conduct a financial audit following International Standards on Auditing (ISA 805) “Special Considerations Audits of Single Financial Statements and Specific Elements, Accounts or Items of a Financial Statement”.
- Objective
The independent auditor aims to inspect, review, and audit the books of accounts and other financial records relevant to the Project Agreement and to ensure that funds have been utilized according to purposes. In addition, the independent auditor shall provide recommendations to improve the practices and procedures that will comply with the current laws and regulations.
- Scope of Work
- Fundamental principles
- The auditor is to be carried out following the International Standards on Auditing (ISA).
- The auditor shall comply with ISA 240 and ISA 805 in planning, conducting, and reporting on the financial audit.
- The auditor needs to consider the relevant standards of the local accounting profession as well as the local legislation on accounting and reporting in force in the country.
- Overall principles of the procedures to be performed
- The auditor is required to assess whether the partner has adequate policies and procedures in place relating to the following matters (those matters are not covered by the audit engagement in accordance with ISA as mentioned above):
- Existence, adequacy and effectiveness of the Internal Control System (ICS),
- Conformity with the project objectives and adherence to the contract conditions, and
- Economical conduct of business and effective use of financial resources.
- Fundamental principles
To respect these principles, the auditor has to analyze the questions mentioned in the annexed Questionnaire (Annex 1). While items 3.2.1 will be reflected in the audit report prepared in accordance with ISA, items 3.2.2 to 3.2.4 do not constitute an audit in accordance with an international standard and no formal assurance is required. These items shall be reflected separately in the answers of the Auditor to the Questionnaire in Annex 1 and recommendations to the management should be formulated in line with Annex 2 (Management Letter).
With regard to principle 3.2.3, the questions in the Questionnaire and items in the Management Letter refer to the locally paid and reported expenses which are within the scope of the Audit and do not include project expenses that are centrally budgeted, calculated and charged to the project and paid or recorded outside of the country of implementation.
The Auditor shall clearly state and provide reasons for any expenses not budgeted and paid in the country of project implementation, or are not part of the local accounts, which are included in the statement(s) of expenditure as per the Annex to the audit report.
- Documents of reference are to be considered by the auditor as follows;
| Legislation: | National Law |
| Project/program: | Cooperation agreement relative to the project or to the Partner Project Document / TORsContract and work performed by subcontractors (if applicable)Budgets, financing plans, programme of project activitiesProject/programme management proceduresAudit engagement letter describing the scope, terms and costs of the country auditAny other documents concerning the project/programme (e.g. operational and administrative manuals) |
| Accounting: | Accounting documents subject to the financial audit. |
| Financial and operational reports concerning the project/program. | |
| Auditor: | Prior internal and external audit reports of the partner. Any other information requested from the partner by the auditor. |
- Planning the financial audit – During the planning phase, the auditor shall receive the information as follows;
- the type of transactions to be audited and the audit methods (full audit or sample selections);
- the type of physical counts or examination and the sites to be selected;
- the number of site visits to be planned.
- Management representation of full disclosure
- the Partner acknowledges its responsibility to keep accounts and financial documents that are correct, complete, fair and represent the true facts and are in accordance with the objectives of the project, the reference documents (description of the project, contracts, budgets, etc.) and national legislation;
- b) all accounting records, supporting and other documents, minutes and any other pertinent information necessary for the Audit will be made available to the Auditor;
- c) the information regarding tangible assets and property is complete;
- d) the information regarding financing received or due and the Partner’s own financing relating to the audited period for the projects being examined is complete;
- e) any information and explanations that may
- Detailed audit procedures
The Auditor shall apply appropriate audit procedures in order to form a conclusion on the matters outlined below. The procedures applied, either on a full coverage or a sample selection basis, may include controls, checking, evaluations, inspections, interviews, analysis and other audit techniques. When selecting the audit procedures, the Auditor shall give consideration to the results of its risk assessment (during the planning stage and during the course of its audit work).
Accordingly, the Auditor must define and carry out suitable audit procedures in order to obtain an overview of the aforementioned aspects before the Auditor assesses the individual findings and reaches a final independent opinion on the Audit.
The Auditor is expected to select and apply any other audit procedures that the Auditor may consider necessary in the professional performance of the audit engagement.
Upon receipt of the audit report, the FDFA, or any third parties designated by the FDFA, reserve the right to request other audit procedures to take account of any change in circumstances relating to the project or the Partner.
In addition, in order to ensure adherence to the principles set out in section 2 above, the Auditor shall consider the questions in the attached Questionnaire (template in Annex 1). Any ‘no’ answers must be included as recommendations in the Management Letter (template in Annex 2).
- Closing meeting – After the completion of the Audit, but before leaving the project or the premises of the Partner, the Auditor shall hold a closing meeting with the persons responsible for the project/programme (directors) and the staff responsible for accounting and reporting. The meeting shall address the results of the Audit, discuss major weaknesses in the project, administrative and financial management (including any shortcomings identified for individual staff members) and make recommendations to improve project management, accounting procedures and the internal control system (ICS).
- Deliverable
- The auditor shall provide the report with an opinion on the financial information of the partner as per ISA (Template Annex 3).
- The answers to the Questionnaire (Template Annex 1) and recommendations to the management (Management Letter according to Template Annex 2) for the projects as well as the letter of representation shall be provided as separate deliverables together with the audit report.
- The financial information contained in the financial audit report of the auditor is to be expressed in the currency provided for in the contract. The financial audit report of the auditor and all other documents resulting from the financial audit engagement must be prepared in English.
- The financial audit report is to be signed by the leader of the audit team. The financial report for the audited project provided by the Partner shall be signed by a representative of the Partner’s management.
| No. | Deliverable | Timeline |
| 1. | The auditor inspects, reviews, and audits the books of account and other financial records relevant to the Project Agreement | 1 week upon signing the contract. |
| 2. | Draft audit report submission (to be approved by WWF) with an opinion on the financial information of the partner as per ISA. | August 15, 2026 |
| 3. | Final English audit report. | September 30, 2026 |
WWF – Support
Please submit your expression of interest by submit your quotation including of details of your service, term of payment and processing fee to Email: ksukboonnivart@wwf.or.th with in 23th July 2026 at 13:00 PM time
