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This tender seeks a qualified service provider to compile annual financial statements that comply with the Generally Recognized Accounting Practice (GRAP) standards. The project duration is from July 2026 to July 2027, with submissions due by July 27, 2026.
The Kheis Local Municipality is inviting proposals from experienced service providers for the compilation of annual financial statements that adhere to GRAP standards. The successful bidder will be responsible for ensuring that the financial statements accurately reflect the municipality's financial position and comply with all relevant regulations. This includes thorough analysis, documentation, and presentation of financial data to meet the statutory requirements.
The scope of work encompasses the preparation of comprehensive financial statements, including balance sheets, income statements, and cash flow statements, as well as notes and disclosures as required by GRAP. The appointed service provider will also need to collaborate closely with municipal staff to gather necessary financial information and provide guidance on accounting practices. This project not only aims to ensure compliance but also to enhance the overall financial reporting quality of the municipality, thereby increasing transparency and accountability to stakeholders.
This tender is suitable for accounting firms, financial consultants, and service providers with expertise in GRAP compliance and municipal financial reporting. Businesses with a proven track record in preparing financial statements for public entities are encouraged to apply.