(t) Account debtor means a person liable for payment of a receivable.

Contributions receivable

(b) Existing receivable means a receivable that arises upon or before conclusion of the contract of assignment and future receivable means a receivable that arises after conclusion of the contract of assignment

(i) Accounts receivable other

(e) Accounts receivable other

(v) Original contract in the context of an assignment means the contract between the assignor and the account debtor from which the assigned receivable arises.

Aging analysis of contributions receivable

Accounts receivable are presented in statement II, net of a provision of 2,581,147 for doubtful accounts receivable comprising

(n) Provision for doubtful accounts receivable

Note 6 Provision for accounts receivable

Inventory and receivable revolving loan financing

As at 31 December 2003, the accumulated balance on the special account was 8,443,792, including an account receivable of 5,146,319 due from other organizations in the Vienna International Centre (VIC), of which 4,617,457 was due from the International Atomic Energy Agency (IAEA) alone.

(i) Another assignee of the same receivable from the same assignor, including a person who, by operation of law, claims a right in the assigned receivable as a result of its right in other property of the assignor, even if that receivable is not an international receivable and the assignment to that assignee is not an international assignment

This includes a receivable of 3,414,060 due from IAEA.

Apart from the estimated uncollectable amounts, recorded under the provision for doubtful accounts receivable, we expect all significant accounts receivable at 31 December 2004 to be collected.

(a) The assignor has the right to assign the receivable

The monthly review of accounts receivable is currently being undertaken.

This includes contributions receivable in the amount of US 1,447,600.

In addition, a comprehensive review of the receivable and payable accounts is being conducted to prevent netting off of the accounts payable against the accounts receivable and vice versa.

When the revenue is recognized, it is recorded as a receivable.

Comment by the Administration. UNDP has designed the accounts receivable report.

(a) If payment in respect of the assigned receivable is made to the assignee, the assignee is entitled to retain the proceeds and goods returned in respect of the assigned receivable

(p) Assignment means the creation of a security right in a receivable or the transfer of a receivable, whether the transfer is for security purposes or is an absolute outright transfer.

(q) Assignor means the person that makes an assignment of a receivable.

2. A right securing payment of the assigned receivable is transferred under paragraph 1 of this article notwithstanding any agreement between the assignor and the debtor or other person granting that right, limiting in any way the assignor's right to assign the receivable or the right securing payment of the assigned receivable.

(b) The assignor has not previously assigned the receivable to another assignee and

Windows Vista changes this by introducing a privilege elevation system called User Account Control.

Comment by the Administration. The Finance Section has instituted measures to ensure that the accounts receivable and accounts payable are separated and posted in the respective accounts when first entering transactions in the accounting system.

Provision is made for accounts receivable for which no reasonable expectation of recovery exists.

The age of contributions receivable is as follows, in thousands of United States dollars

It would also be responsible for the monthly reconciliation of receivable and revenue accounts.

(r) Assignee means the person to which an assignment of a receivable is made.

As between assignees of the same receivable from the same assignor, the priority of the right of an assignee in the assigned receivable is determined by the order of conclusion of the respective contracts of assignment.

The remaining 4,570,237 was reported as receivable from UNDP in UNHCR's Financial Statements for 2004.

A provision for a possible write off of this receivable is included in accounts payable.

(b) If payment in respect of the assigned receivable is made to the assignor, the assignee is entitled to payment of the proceeds and also to goods returned to the assignor in respect of the assigned receivable and

In paragraph 26 of its report, the Board recommended that the Tribunal (a) comply with the United Nations system accounting standards by not netting accounts payable off against accounts receivable and vice versa and (b) improve the financial application system to prevent the netting off of debit and credit amounts.

2. The assignee may not retain more than the value of its right in the receivable.

The remaining 4,570,237 was reported as receivable from UNDP in the UNHCR financial statements for 2004.

(d) Automatically upon creation of a security right in the receivable supported by an independent undertaking.

(j) Proceeds means whatever is received in respect of an assigned receivable, whether in total or partial payment or other satisfaction of the receivable. The term includes whatever is received in respect of proceeds. The term does not include returned goods

1. If proceeds are received by the assignee, the assignee is entitled to retain those proceeds to the extent that the assignee's right in the assigned receivable had priority over the right of a competing claimant in the assigned receivable.

The full amount of the advance is maintained in the accounts receivable from staff members until such time as the staff member produces the required proof of entitlement to the education grant, at which time the budgetary account is charged and the advance recovered.

(o) Receivable means a right to the payment of a monetary obligation, excluding, however, rights to payment evidenced by a negotiable instrument, the obligation to pay under an independent undertaking and the obligation of a bank to pay with respect to a bank account.

All material accounts receivable have been included in the financial statements and represent valid claims against debtors.