External quality review

20 December 2021

TAY Authorized Accountants and Auditors has been assessed in July 2021 by USAID and is successfully listed as acceptable non-US Audit Firm to audit USAID funded projects. In 2016 it was also assessed by the World Bank and entered into the list of firms that are eligible to audit World Bank financed projects earning a score of 83%.

Hence, TAY is one of the few audit firms in Ethiopia eligible to make audit of USAID funded projects and the World Bank funded projects.

Kreston International initially assessed TAY & Co in 2015 to ensure compliance to quality policies and procedure of the network and that of IFAC as an admission procedure. Subsequently as a periodic quality control it also assessed us in 2017 to ensure continuous compliance with the quality policy of the network.