Seeking a qualified service provider for comprehensive asset verification, condition assessment, and impairment testing to prepare annual financial statements for the period ending 31 March 2026.
The Water Research Commission is reissuing a tender for the appointment of a qualified service provider to conduct a thorough asset verification and condition assessment. This includes reviewing the remaining useful lives of assets and performing asset impairment tests, which are essential for the accurate preparation of annual financial statements for the fiscal year ending 31 March 2026. The selected service provider will ensure compliance with relevant financial reporting standards and contribute to the integrity of the financial statements.
The scope of work encompasses a complete inventory of assets, detailed condition assessments, and the evaluation of asset impairment, which will provide critical insights into the organization's asset management practices. This project aims to enhance the transparency and reliability of financial reporting, ensuring that all assets are accurately reflected in the financial statements. The successful bidder will need to demonstrate expertise in asset management and financial reporting, as well as the ability to deliver high-quality results within the specified timeframe.
This tender is suitable for businesses specializing in asset management, financial consulting, and auditing services, particularly those with experience in public sector projects and compliance with financial reporting standards.