Decision ID: 004007

In October 2014, the 1992 Fund Assembly, Supplementary Fund Assembly and 1971 Fund Administrative Council decided that the Auditor-General (or officer holding the equivalent title) of 1992 Fund Member States could be nominated by 1992 Fund Member States to tender for the appointment of External Auditor to audit the Financial Statements commencing with the 2016 financial year.  The governing bodies also decided that commercial firms with the requisite capabilities could be nominated by 1992 Fund Member States to tender for the appointment of External Auditor to audit the Financial Statements commencing with the 2016 financial year. The governing bodies further decided that the commercial firms with international representation and the requisite capabilities identified by the Audit Body could be invited by the Director to tender for the appointment of External Auditor to audit the Financial Statements commencing with the 2016 financial year.