In an international competitive bid that included European consulting firms and two Big Four audit firms, the id:rc was selected by the KfW to conduct a technical and financial audit of the German Credit Facility for the Return of Internally Displaced Persons in Iraq’ (GCFI) Program. The GCFI covers interventions in the electricity, water/sanitation, roads/bridges, and health sectors, with an initial focus on electricity, water/sanitation, and roads/bridges.
This id:rc engagement is a reasonable assurance engagement in accordance with the International Standard on Assurance Engagements (ISAE 3000 – revised) as published by the International Auditing and Assurance Standards Board of the International Federation of Accountants.