AUDITOR'S REPORT
Audit Completion Date: 25-07-2016.
Secretary
Ministry of Environment and Forest
Bangladesh Secretariat, Dhaka
I.    We have audited the accompanying financial statement of the "Strengthening Regional Co-
operation for Wildlife Protection (SRCWP) Project" financed by IDA financed under credit no.4909-BD
as on 30th June, 2017 and for the year then ended, The preparation of Financial Statement is the
responsibility of Management. Our responsibility is to express an opinion on the Financial Statement
based on our audit.
II.   We conducted our audit following International Standards on Auditing. Those standards require
that we plan and perform the audit to obtain reasonable assurance about whether the Financial Statement
is free of material misstatement, An audit includes examining, on a test basis, evidence supporting the
amounts and disclosures in the Financial Statement. An audit also includes assessing the accounting
principles used and significant estimate made by management as well as evaluating the overall Financial
Statement presentation. We belive that our audit provides a reasonable basis for our opinion.
HI.   In our opinion, except non-compliance of financial rules and regulations in subsequent
observations along with the management letter following the Financial Statement gives a fair view in all
material aspects of the financial position of the project "Strengthening Regional Co-operation for
Wildlife Protection (SRCWP) Project" and the results of its operations and its cash flows as on 30' June;
2017 and for the year then ended in accordance with the cash basis of accounting followed by the
Government of Bangladesh.
IV.   Opinion Status: Unqualified.
(Tanima Tanim)
Deputy Director
For Director General
Foreign Aided Projects Audit Directorate
Tel: 02 - 8391547
AMSRCWP Final Report 16-17correction\SRCWP Final Report 2016-2017.doc    -8-


Strengthening Regional Cooperation for Wildlife Protection Project
Project Management Unit
Ban Bhaban (Old), Mohakhali, Dhaka
(IDA Credit No. 4909-BD)
Project Financial Statement
as on 30-June-2017
Taka in Lac
Resources                     Notes     Cumulative        Current         Cumulative
Perior Period       Period        Current Period
Government of Bangladesh                          1                 -
Loan From Development Partner (WB)                2            18,880.93         4,021.60        22,902.53
Other Resources                                   3               35.89              4.00            39.89
Cash Opening Balance                              4                                130.92
JTotal Resources18,916.                                                          4,156.52        22,942.42
Expenditure & Cash
1    4500  Pay of Officer                                       152.25            29.48           181.73
2    4600  Pay ofEstablishment                                  220.17            40.06           260.22
3    4700  Allowances                                           329.20            74.02           403.22
4    4800  Supply and Services                                9,673.20          1,730.87        11,404.07
5    4900  Repair and Maintenance                               203.42            32.84           236.26
6    6800  Acquisition of Asset                               1,823.05           254.65          2,077.71
7    6900  Acquisition/Purchase of Land                                             -
8    7000  Construction of Works                              6,348.72          1,652.78         8,001.50
Total Projeet Exp                                              18,750.01         3,814.70        22,564.72
9          Interest Deposit to Bangladesh Bank                   35.89             4.00            39.89
10          Revenue deposit to Bangladesh Bank                                      -
Total Expenditure                                              18,785.90         3,818.70         22,604.60
Cash Closing Balance
CONTASA Account (DA)                              4               130.92           337.83           337.83
Operating Account (GOB)                            1                 -                ..               -
Total                                                             130.92           337.83           337.83
Total Expenditure and Cash                                     189168222,94242
(Abdul Mabud)
Project Director
Strengthening Regional Cooperation for Wildlife Proteetion Project
I,Abdui Mabud
f,r A Id5ifa Protection Project
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Strengthening Regional Cooperation for Wildlife Protection Project
Project Management Unit
Ban Bhaban (Old), Mohakhali, Dhaka
(IDA Credit No. 4909-BD)
NOTES ON THE FINANCIAL STATEMENT
30' June, 2017
I GOVERNMENT OF BANGLADESH.
Funds are allocated by the government of Bangladesh'to cover GOB's share of eligible proiect expenditure, as specified in
the proiect pro-forma and in the Annual Development Programme for each year of the project. Any allocated funds that
have not been expended by the end of the fiscal year laspe and must be returnd to GOB. GOB contribution to the project
since inception are as follows (in lakh Taka)
________________________________________________  _______________   (Taka in Lakh)
Inception to        For the year         Inception to
30a' June, 2016        2016-2017         30'h June, 2017
Disbursements by GOB
Less : Refunds to GOB
Total:
2 LOAN FROM DEVELOPMENT PARTNER
The IDA has provided funds to the project to cover it's share of eligible project expenditures. These funds, which must be
repaid to IDA after the conclusion of the project, have been drwan by the project in accordance with the following
withdrawal procedures (in lakh Taka)
(Taka in Lakh)
Inception to        For the year         Inception to
30'h June, 2016        2016-2017         30"h June, 2017
Initial Deposit (Advance)
DPA (Direct Payment)
RPA (SOE Procdure)                                    18,880,93            4,021.60            22,902.53
RPA.(Non SOE Procdure)
RPA (Report Based)
Others                                                                                                 .
Total                                                 18,880.93            4,021.60            22,902.53
3 OTHER RESOURCES.
Others Resourecs consist of the following:
(Taka in Lakh)
Inception to        For the year         Inception to
30 June, 2016          2016-2017         30" June, 2017
Project Revenues
taterest on Bank Deposit                                 35.89                 4.00                39.89
Total:                                                   35,89                 4.00                39.89
4 CASH:
The Project maintains following bank account:
Special Accounts: CONTASA (SND-004000967) kept in Janata Bank Limited, Mohakhali Corporate Branch, Mohakhali
C/A, Dhaka to operate fund advance by IDA
Year end cash balances were as follows:                                                   (Taka in Lak)
Inception to        For the year         Inception to
30'h June, 2016        2016-2017         30'h June, 2017
CONTASA AcCount-PMU                                       0.04   _           337,83               337.83
61.39
16N  SD Account-Cost Centres                         1-1.39  ________                               ,
33 SND/STD/CD Account-Sub-Pr2jects                       1l9.49 ,
Cash in Hand                                                 -
Total                                                   130,92              337.83               337.83
(Abdul Mabud)
Project Director
Strengthening Regional Cooperation for Wildlife Protection Project
Abdul Mabud
Strangthening Regional Co-Operation
for VWAidlife Protection Pfoiect
San Shaban. Moha%hati, Dhaka.
T                                           02-


AUDITORS REPORT ON SPECIAL ACCOUNT
1.   We have audited the Special Account of "Strengthening Regional Co-operation for Wildlife
Protection (SRCWP) Project" financed by IDA under Credit No. 4909 BD for the year 2016-
2017.
2.   Our audit was carried out following International Auditing Guidelines. Accordingly, our audit
included such review of systems of internal control tests of accounting records & supporting
documentation, verification of account balance and other auditing procedures that are considered
important under the circumstances.
3.   The accompanying Special Account Statement was prepared on the basis of cash deposit &
withdrawals for the purpose of complying with the IDA credit No. 4909 BD.
4.   In our opinion the receipts are properly accounted for and withdrawals were made for the purpose
of the project in accordance with the Loan Agreement and the Special Account Statement gives a
fair view of the beginning and ending balances and the account activity for the year ended 30th June
2017 is on the basis of cash deposits & withdrawals.
(Tanima Tanim)
Deputy Director
For Director General
Foreign Aided Projects Audit Directorate
Tel: 02 - 8391547
G:\\SRCWP Final Report 16-)7correction\SRCWP Final Report 2016-2017.doe  -34 -


AUDIT OPINION ON SOE
1. We have audited the statements of expenditure (SOE) of "Strengthening Regional Co-operation
for Wildlife Protection (SRCWP) Project" for the year 2016-2017, submitted to reimbursement
of expenditure in accordance with IDA Credit No. 4909 BD.
2. In our opinion, the SOE can be relied upon, to support the application for credit disbursement by
the IDA against expenditure incurred for the purpose of the project as specified in the particulars
of withdrawal applications.
3. The audit was conducted following International Standards on Auditing. Accordingly, it included
such tests of accounting records and supporting documentation, review of systems of internal
controls so far exists, adopting necessary auditing procedures that we considered essential under
the circumstances.
Particular of withdrawal application:-
The particulars of withdrawals on the basis of SOE as submitted to the audit team are shown in
the enclosed statement.
OPINION:
In our opinion the statement of expenditure submitted can be relied upon to support the
expenditure incurred for the purpose of the project as specified in the particulars of withdrawal
application.
(Tanima Tanim)
Deputy Director
For Director General
Foreign Aided Projects Audit Directorate
Tel: 02 - 8391547
G:\ \SRCWP Final Report 16-l7correclion\SRCWP Final Report 2016-2017.doe  -35.