Appointment of Chartered Accountants for Financial Audit and Physical Stock Taking at National Book Foundation Islamabad

National Book Foundation Islamabad under the Ministry of Federal Education and Professional Training invites reputable Chartered Accountant firms for the audit of financial statements and physical stock taking of books, paper, cash, and fixed assets. This consultancy opportunity is based in Islamabad with visits required to 29 regional offices and outlets nationwide, covering cities like Lahore, Karachi, Peshawar, and Quetta. The assignment includes auditing multiple bank accounts, verifying stock registers, invoices, and fixed asset registers, and preparing detailed reports on shortages, excesses, and damages. The audit team must have adequate manpower including senior auditors and trainees to efficiently complete the tasks by the deadline. The physical stock taking involves detailed counting and verification of books published and purchased locally, paper stocks, and fixed assets across all NBF offices. The financial audit covers over 90 bank accounts and requires preparation of audited accounts for both NBF and the C.P. Fund. The work demands strong technical competence, familiarity with audit standards, and the ability to coordinate across multiple locations. Firms must be listed in Category A or B on the State Bank panel of auditors, possess valid NTN and GST certificates, and be active on the FBR Active Taxpayer List (ATL). Preference is given to firms with offices in Rawalpindi or Islamabad. Compliance with PEC requirements and submission of a bid bond equivalent to 2% of the bid value is mandatory. The firm must also ensure satisfactory Quality Control Review (QCR) status and adhere to the Finance Division's mandate on auditor rotation every five years. The submission deadline is set for 16th March 2026 at 11:00 am, with bid opening at 11:30 am the same day. Proposals must be submitted in sealed envelopes to the Deputy Director (Audit & Account), National Book Foundation, 6-Mauve Area, Taleemi Chowk, G-8/4, Islamabad. Electronic submissions are only accepted via the PPRA e-Procurement Portal (EPADS). Pro-Tip: Ensure all required certificates including ICAP affiliation, NTN, GST, and firm category certificates are attached with the bid. Missing documents lead to disqualification. Also, verify the bid bond validity period and confirm your firm's ATL status before submission to avoid common pitfalls.