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Quotation Estimate Auditor in Senegal Dakar –Free Word Template Download with AI

West Africa Audit & Compliance Group (WAACG)

12 Boulevard du Président Senghor, Plateau, Dakar, Senegal

Tel: +221 33 800 12 34 | Email: [email protected] | RC: SN-DKR-2019-45872

Quotation Estimate No.: QTE-2025-DKR-00472 Date of Issue: 15 June 2025
Validity Period: 30 calendar days from date of issue Currency: XOF (West African CFA Franc)
Prepared For: Société Générale du Bâtiment du Sénégal (SGBS) – Head Office, Zone Industrielle, Dakar, Senegal
Prepared By: Senior Auditor, WAACG – Senegal Dakar Office

This Quotation Estimate is formally issued by West Africa Audit & Compliance Group (WAACG) to Société Générale du Bâtiment du Sénégal (SGBS) in relation to the engagement of a qualified Auditor to conduct a comprehensive statutory and operational audit of the client's financial records, internal controls, and compliance frameworks. The engagement is to be carried out within the jurisdiction of Senegal Dakar, in full accordance with the provisions of the Senegalese Commercial Code, the regulations of the Ordre des Experts-Comptables du Sénégal (OEC-S), and the International Standards on Auditing (ISA) as adopted by the International Auditing and Assurance Standards Board (IAASB).

The Auditor engaged under this Quotation Estimate shall operate from the WAACG office located in the Plateau district of Senegal Dakar, with fieldwork conducted at the client's premises in the Zone Industrielle area of Dakar. All deliverables, working papers, and final audit reports will be prepared in French and English to meet the bilingual regulatory requirements of the Senegalese financial authorities.

Ref. Description of Auditor Service Duration Rate (XOF) Subtotal (XOF)
01 Pre-audit planning meeting and risk assessment – Senior Auditor and two (2) Associate Auditors on-site in Senegal Dakar 3 working days 185,000 / day 555,000
02 Statutory financial statement audit (balance sheet, income statement, cash flow) for fiscal year 2024 – Lead Auditor with two (2) support staff 15 working days 210,000 / day 3,150,000
03 Internal control review and compliance audit (tax, social security, labor law) – Auditor and compliance specialist 10 working days 195,000 / day 1,950,000
04 Inventory and fixed-asset verification at client's Dakar warehouse and construction sites – Auditor with two (2) field auditors 5 working days 175,000 / day 875,000
05 Preparation of the final audit report, management letter, and regulatory filings for the Direction Générale des Impôts (DGI) in Senegal Dakar 7 working days 200,000 / day 1,400,000
06 Post-audit debriefing session and advisory recommendations to the Board of Directors – Senior Auditor 2 working days 250,000 / day 500,000
07 Travel, local transportation, and accommodation within Senegal Dakar for the Auditor team (4 personnel) 42 working days 45,000 / day 1,890,000
08 Professional indemnity insurance and regulatory registration fees (OEC-S) for the Auditor engagement One-time Flat fee 350,000
TOTAL ESTIMATED COST (before VAT): 10,670,000 XOF
VAT (18% – Senegalese standard rate): 1,920,600 XOF
GRAND TOTAL (VAT inclusive): 12,590,600 XOF
  • This Quotation Estimate is valid for a period of thirty (30) calendar days from the date of issue. Beyond this period, WAACG reserves the right to revise the rates and terms reflected herein.
  • The Auditor shall be appointed in writing by the client's Board of Directors in accordance with Article L. 441-1 of the Senegalese Commercial Code. The engagement letter will be executed prior to the commencement of fieldwork in Senegal Dakar.
  • Payment terms: 40% advance payment upon signing of the engagement letter; 40% upon delivery of the draft audit report; 20% upon final acceptance and submission of the completed report to the relevant authorities in Senegal Dakar.
  • All payments shall be made in West African CFA Francs (XOF) via bank transfer to the WAACG account at Société Générale du Sénégal, Plateau, Dakar.
  • The Auditor is bound by strict professional confidentiality as defined by the OEC-S Code of Ethics. All working papers and client data shall be retained for a minimum of ten (10) years in compliance with Senegalese archival regulations.
  • Any additional services requested by the client beyond the scope outlined in this Quotation Estimate shall be subject to a supplementary quotation and mutual written agreement.
  • Disputes arising from this engagement shall be resolved through the mediation body of the OEC-S in Senegal Dakar, failing which the competent commercial courts of Dakar shall have exclusive jurisdiction.
  • This Quotation Estimate does not constitute a binding contract until both parties have executed the formal engagement letter incorporating the terms herein.

The Lead Auditor assigned to this engagement holds a Doctorate in Accounting and Finance from the Université Cheikh Anta Diop de Dakar, is a full member of the Ordre des Experts-Comptables du Sénégal (OEC-S), and possesses over fifteen (15) years of experience in statutory and operational audits within the West African Economic and Monetary Union (WAEMU/UEMOA). The Auditor is also a certified member of the International Federation of Accountants (IFAC) and is fully versed in the UEMOA Accounting and Financial Reporting Standards (SYSCOHADA révisé) that govern all financial reporting in Senegal Dakar and the broader UEMOA zone.

By signing below, the client acknowledges receipt of this Quotation Estimate and confirms its intent to proceed with the engagement of the Auditor as described herein for the audit of its operations in Senegal Dakar.

For and on behalf of WAACG (Provider)

Name: Dr. Awa Ndiaye
Title: Senior Auditor / Managing Partner
Date: _______________

For and on behalf of SGBS (Client)

Name: _________________________
Title: _________________________
Date: _______________

West Africa Audit & Compliance Group (WAACG) – Senegal Dakar Office | 12 Boulevard du Président Senghor, Plateau, Dakar, Senegal

This Quotation Estimate is a confidential document intended solely for the named recipient. Unauthorized reproduction or distribution is strictly prohibited.

Document Reference: QTE-2025-DKR-00472 | Page 1 of 1

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