Seeking a professional service provider to prepare GRAP compliant annual financial statements and a fixed asset register for the financial years 2025/26 and 2026/27, including audit support.
The Emakhazeni Local Municipality is inviting tenders for the preparation of GRAP compliant annual financial statements and a fixed asset register for the financial years 2025/26 and 2026/27. The successful bidder will be responsible for ensuring that all financial statements are accurate, complete, and free from material misstatements, while also providing comprehensive audit support throughout the process. Key requirements include updating and maintaining the fixed asset register, performing necessary reconciliations, and ensuring compliance with all relevant GRAP standards and municipal regulations.
In addition to the preparation of financial statements, the service provider will be tasked with implementing an integrated asset management system that encompasses the entire asset life cycle, including planning, acquisition, operations, maintenance, and disposal. This system must facilitate the management of both movable and immovable assets, ensuring accurate tracking and reporting. The contractor will also be required to provide a skills transfer plan to municipal staff, ensuring that internal capacity is built for ongoing asset management and financial reporting. This tender is an excellent opportunity for firms with expertise in municipal finance and asset management to contribute to the effective governance of local resources.
This tender is suitable for accounting firms, financial consultants, and asset management specialists with experience in municipal finance and compliance with GRAP standards.