{"id":16991,"date":"2026-03-16T14:08:44","date_gmt":"2026-03-16T07:08:44","guid":{"rendered":"https:\/\/laomfa.org\/?p=16991"},"modified":"2026-03-16T16:37:38","modified_gmt":"2026-03-16T09:37:38","slug":"%e0%ba%9b%e0%ba%b0%e0%ba%81%e0%ba%b2%e0%ba%94-%e0%ba%ae%e0%ba%b1%e0%ba%9a%e0%ba%aa%e0%ba%b0%e0%bb%9d%e0%ba%b1%e0%ba%81-%e0%ba%9a%e0%bb%8d%e0%ba%a5%e0%ba%b4%e0%ba%81%e0%ba%b2%e0%ba%99%e0%ba%81%e0%ba%a7","status":"publish","type":"post","link":"https:\/\/laomfa.org\/lo\/%e0%ba%9b%e0%ba%b0%e0%ba%81%e0%ba%b2%e0%ba%94-%e0%ba%ae%e0%ba%b1%e0%ba%9a%e0%ba%aa%e0%ba%b0%e0%bb%9d%e0%ba%b1%e0%ba%81-%e0%ba%9a%e0%bb%8d%e0%ba%a5%e0%ba%b4%e0%ba%81%e0%ba%b2%e0%ba%99%e0%ba%81%e0%ba%a7\/","title":{"rendered":"\u0e9b\u0eb0\u0e81\u0eb2\u0e94 \u0eae\u0eb1\u0e9a\u0eaa\u0eb0\u0edd\u0eb1\u0e81 \u0e9a\u0ecd\u0ea5\u0eb4\u0e81\u0eb2\u0e99\u0e81\u0ea7\u0e94\u0eaa\u0ead\u0e9a \u0e9a\u0eb1\u0e99\u0e8a\u0eb5\u0e9e\u0eb2\u0e8d\u0e99\u0ead\u0e81 \u0e9b\u0eb0\u0e88\u0eb3\u0e9b\u0eb5 2025"},"content":{"rendered":"<p><strong>\u0e81\u0eb2\u0e99\u0e81\u0ea7\u0e94\u0eaa\u0ead\u0e9a\u0e9a\u0eb1\u0e99\u0e8a\u0eb5\u0e9b\u0eb0\u0e88\u0eb3\u0e9b\u0eb5 \u0e82\u0ead\u0e87 \u0eaa\u0ea1\u0e81\u0e88 (LMFA)<\/strong><\/p>\n<p><strong>\u0e81\u0eb2\u0e99\u0e81\u0ea7\u0e94\u0eaa\u0ead\u0e9a\u0e9a\u0eb1\u0e99\u0e8a\u0eb5\u0e81\u0eb2\u0e99\u0ec0\u0e87\u0eb4\u0e99\u0e9b\u0eb0\u0e88\u0eb3\u0e9b\u0eb5 \u0e82\u0ead\u0e87 \u0eaa\u0ea1\u0e81\u0e88 (\u0ec4\u0ea5\u0e8d\u0eb0\u0ec0\u0ea7\u0ea5\u0eb2: \u0ea1\u0eb1\u0e87\u0e81\u0ead\u0e99 \u2013 \u0e97\u0eb1\u0e99\u0ea7\u0eb2 2025)<\/strong><\/p>\n<ol>\n<li><strong>Background<\/strong><\/li>\n<\/ol>\n<p>The predecessor of the Lao Microfinance Association (LMFA), the Microfinance Working Group for the Lao PDR (MFWG), was founded in May 2007 by a group of microfinance practitioners as an informal platform to exchange experience, represent microfinance sector interests and coordinate donor activities. In October 2013, the MFWG obtained its temporary license as a non-profit association (NPA) from the Ministry of Home Affairs (MoHA). Therefore, its name changed to Lao Microfinance Association (LMFA). LMFA got its permanent license by the middle of August 2018. The LMFA is the national microfinance industry\u2019s umbrella organization. It gathers microfinance practitioners and other relevant stakeholders that share the goal of the association which is to improve access to appropriate and affordable financial services for poor and unbanked people.<\/p>\n<ol start=\"2\">\n<li><strong>Objectives of the Audit<\/strong><\/li>\n<\/ol>\n<p>The objectives of this audit are to enable the Auditor to express an opinion on whether:<\/p>\n<ul>\n<li>The financial report prepared by the LMFA presents fairly, in all material respects, the actual expenditure incurred, and the revenue received for the period under review, in accordance with the contractual conditions agreed upon with the donors\/funding agencies of the L<\/li>\n<li>The Internal Control System set up and operated by the LMFA for the purpose of managing risks was suitably designed and operated effectively in the period under review.<\/li>\n<\/ul>\n<ol start=\"3\">\n<li><strong>Specific tasks of the Auditor<\/strong><\/li>\n<\/ol>\n<p>The Auditor shall perform the audit in accordance with Lao &amp; International Auditing Standards. Specifically, the Auditor shall<\/p>\n<ul>\n<li>Review and, if applicable, prepare the following financial reports for the period 1st January \u2013 31st December 2025: Statement of Income and Expenditure, Fund Balance, as well as List of Fixed Assets (Inventory) as of 31<sup>st<\/sup>\u00a0December 2025.<\/li>\n<li>Express an opinion on the accounts\/financial reports as well as the Internal Control System of the LMFA.<\/li>\n<li>Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimated made by the management, as well as evaluating the overall presentation of the financial statements.<\/li>\n<li>Formulate recommendations related to the accounting system and policies, Internal Control System and the overall presentation of the financial statements as well as follow up on the recommendations made in the previous year\u2019s audit report (Management Letter).<\/li>\n<\/ul>\n<ol start=\"4\">\n<li><strong>Time frame<\/strong><\/li>\n<\/ol>\n<p>5.1 Expected time for receiving audit proposal by March 25<sup>th<\/sup> 2026.<\/p>\n<ul>\n<li>Field work on 6-10 April 2026<\/li>\n<li>First draft: 22<sup>nd<\/sup> April 2026<\/li>\n<li>Final draft: 29<sup>th<\/sup>\u00a0April 2026<\/li>\n<li>Final report: No later than 30<sup>th<\/sup>\u00a0April 2026<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ol start=\"5\">\n<li><strong>Expected output (report \/ deliverables \/ products)<\/strong><\/li>\n<\/ol>\n<p>A complete audit report in English and Lao languages for the period 1<sup>st<\/sup>\u00a0January \u2013 31<sup>st<\/sup>\u00a0December 2025, including a Management Letter. The reporting shall be signed by the responsible auditor (not just the audit firm) and shall include the title of the responsible auditor.<\/p>\n<p>&nbsp;<\/p>\n<ol start=\"6\">\n<li><strong>Audit Team Qualifications and Experience<\/strong><\/li>\n<\/ol>\n<p>The Auditor will employ staff with appropriate professional qualifications and suitable experience in International Standards on Auditing and with experience in Terms of Reference for a financial, internal control system and procurement audit auditing financial information of entities comparable in size and complexity to the Entity. In addition, the audit team as whole should have:<\/p>\n<ul>\n<li>Experience with audits of Lao Civil Society Organization (CSO), development projects and programs funded by national and\/or international institutions and\/or donors<\/li>\n<li>Sufficient knowledge of relevant laws, regulations and rules in Laos would be an asset; this includes, but is not limited to taxation, social security and labour regulations, accounting and accounting information systems, procurement.<br \/>\nThe auditor must be registered with Lao Chamber of Professional Accountants and Auditor (\u201cLCPAA\u201d);<\/li>\n<li>Excellent knowledge of Lao and English<\/li>\n<li>The auditor provides the CVs of all person proposed as team The CVs include information on the types of audits performed by the team members, demonstrating their abilities and capacity to perform the audit, as well as detailed information regarding any relevant experience.<\/li>\n<\/ul>\n<ol start=\"7\">\n<li><strong>How to submit the proposals<\/strong><br \/>\nStructure a detailed proposal addressing all the above-mentioned points;<br \/>\nProvide estimates of daily rates of auditor and audit team and any other related expense in the financial part of the proposal.<\/li>\n<\/ol>\n<p>Interested firms must submit the proposal to: Lao Microfinance Association (LMFA) <strong>by 25<sup>th<\/sup> March 2026 before 3pm<\/strong>, at Unit 13, Ban Amone Village, Hom23 (23\/3), Saysettha District, Vientiane Capital, or email to\u00a0<a href=\"mailto:mfa@laomfa.org\/phayvanh@laomfa.org\">mfa@laomfa.org\/phayvanh@laomfa.org<\/a><\/p>\n<p>Vientiane Capital, 16<sup>th<\/sup>\u00a0March 2026<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u0e81\u0eb2\u0e99\u0e81\u0ea7\u0e94\u0eaa\u0ead\u0e9a\u0e9a\u0eb1\u0e99\u0e8a\u0eb5\u0e9b\u0eb0\u0e88\u0eb3\u0e9b\u0eb5 \u0e82\u0ead\u0e87 \u0eaa\u0ea1\u0e81\u0e88 (LMFA) \u0e81\u0eb2\u0e99\u0e81\u0ea7\u0e94\u0eaa\u0ead\u0e9a\u0e9a\u0eb1\u0e99\u0e8a\u0eb5\u0e81\u0eb2\u0e99\u0ec0\u0e87\u0eb4\u0e99\u0e9b\u0eb0\u0e88\u0eb3\u0e9b\u0eb5 \u0e82\u0ead\u0e87 \u0eaa\u0ea1\u0e81\u0e88 (\u0ec4\u0ea5\u0e8d\u0eb0\u0ec0\u0ea7\u0ea5\u0eb2: \u0ea1\u0eb1\u0e87\u0e81\u0ead\u0e99 \u2013 \u0e97\u0eb1\u0e99\u0ea7\u0eb2 2025) Background The predecessor [&hellip;]<\/p>\n","protected":false},"author":17,"featured_media":16992,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[96],"tags":[],"class_list":["post-16991","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-96"],"acf":[],"_links":{"self":[{"href":"https:\/\/laomfa.org\/lo\/wp-json\/wp\/v2\/posts\/16991","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/laomfa.org\/lo\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/laomfa.org\/lo\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/laomfa.org\/lo\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/laomfa.org\/lo\/wp-json\/wp\/v2\/comments?post=16991"}],"version-history":[{"count":3,"href":"https:\/\/laomfa.org\/lo\/wp-json\/wp\/v2\/posts\/16991\/revisions"}],"predecessor-version":[{"id":16998,"href":"https:\/\/laomfa.org\/lo\/wp-json\/wp\/v2\/posts\/16991\/revisions\/16998"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/laomfa.org\/lo\/wp-json\/wp\/v2\/media\/16992"}],"wp:attachment":[{"href":"https:\/\/laomfa.org\/lo\/wp-json\/wp\/v2\/media?parent=16991"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/laomfa.org\/lo\/wp-json\/wp\/v2\/categories?post=16991"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/laomfa.org\/lo\/wp-json\/wp\/v2\/tags?post=16991"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}