Expression of Interest: Provision of External Audit Services

Malawi Gaming and Lotteries Authority (MAGLA)
REQUEST FOR EXPRESSION OF INTEREST FOR PROVISION OF EXTERNAL AUDIT SERVICES

The Malawi Gaming and Lotteries Authority (MAGLA) is a parastatal body established under the Gaming and Lotteries Act (No. 34 of 2022) to regulate the gaming and lotteries industry in Malawi.

MAGLA invites applications from suitably qualified, experienced and independent audit firms to provide external audit services for the financial year ending 31st March 2027.

1. Scope of services
The selected audit firm will be expected to:
– Conduct an independent audit of the organisation’s financial statements.
– Assess compliance with applicable accounting standards, financial regulations and relevant laws.
– Review internal financial controls and identify areas for improvement.
– Verify financial records, transactions, assets, liabilities, income and expenditure.
– Prepare and submit an independent auditor’s report and management letter highlighting findings and recommendations.

2. Eligibility requirements
Interested audit firms must:
– Be legally registered and licensed to provide audit services in Malawi.
– Have qualified and appropriately registered professional auditors.
– Demonstrate relevant experience of 5 years in conducting audits for organisations of a similar size and nature.
– Provide evidence of professional registration and membership with relevant regulatory bodies.
– Demonstrate independence and disclose any potential conflicts of interest.
– Provide at least three references from previous or current clients.

3. Submission requirements
Interested firms should submit:
1. Company profile and proof of registration with both the Government and the Malawi Accountants Board.
2. Evidence of professional registration and practising licences of the partners.
3. Technical proposal outlining the proposed audit approach and methodology.
4. Financial proposal detailing professional fees and other applicable costs.
5. CVs and qualifications of the proposed audit team.
6. Relevant experience and client references.

4. Submission deadline
Proposals in sealed envelopes marked “Expression of Interest for the Provision of External Audit Services” should be submitted to:
The Chairperson, Internal Procurement and Disposal of Assets Committee, The Malawi Gaming and Lotteries Authority, Nyambadwe, Magalasi, P.O. Box 3062, Blantyre. Cell: 0999 985 333 / 0885 568 533.
Alternatively, submissions may be sent to [email protected].

The deadline for submission is 28th November 2026 at 16:00 hours. Only shortlisted firms will be contacted. MAGLA reserves the right to accept or reject any submission in accordance with its procurement procedures.