Annual report and audit

Financial data and reports for audit purposes

The audit report for the financial year 2003 was presented by the Registrar at the eighteenth session of the Tribunal.

The financial statements, which are included in the Interim Report of the External Auditor, Financial Performance Report and Programme Performance Report for the Biennium 2004 2005, have not been audited and no audit opinion is expressed thereon.

The audit certificate accompanying each audited financial statement typically certifies the procedures undertaken in relation to the audit and authenticates the financial statements.

In paragraph 79, the Board recommended that the audit report database for nationally executed expenditure be comprehensively updated and maintained so that the financial impact of the modified audit opinions can be quantified.

A proper financial audit is needed to ensure transparency.

In preparation of audit assignments, the UNHCR Audit Service requires access to various UNHCR financial and other reports.

Noting with concern, the results of the audit report of the Convention Trust Funds for the biennium 2002 2003, which contains a financial and management audit by the external auditors of the United Nations and the need for a complete management response to the report,

E. Report on internal audit activities in 2004

An audit report was not a management scorecard.

OIOS Audit of UNHCR Procurement (Audit report 03 03) of 6 February 2003, paragraphs 25 and 26.

A financial audit conducted by the European Commission sponsored audit firm Ernst Young in September October 2004 revealed the following

In accordance with article VII of the Financial Regulations, we have also issued a long form report on our audit of the financial statements of the United Nations High Commissioner for Refugees.

In accordance with article VII of the Financial Regulations, we have also issued a long form report on our audit of the financial statements of the United Nations High Commissioner for Refugees.

In accordance with article VII of the Financial Regulations, we have also issued a long form report on our audit of the financial statements of the United Nations High Commissioner for Refugees.

The regularity audit will be taken forward through a pre final audit in the last quarter of 2005 and a final audit after the closure of the financial period.

It is not intended to express an audit opinion on the financial statements for the twelve month period ended 31 December 2004, but rather to report on the activities carried out by external audit and any recommendations resulting therefrom.

Accepts the financial report and audited financial statements and the report and audit opinion of the Board of Auditors regarding the voluntary funds administered by the United Nations High Commissioner for Refugees for the period from 1 January to 31 December 2004 1

Accepts the financial report and audited financial statements and the report and audit opinion of the Board of Auditors regarding the voluntary funds administered by the United Nations High Commissioner for Refugees for the period from 1 January to 31 December 2004 1

As a result of its follow up audit, OIOS originally formulated six recommendations in its draft report concerning the strategic, programmatic, financial and administrative management of INSTRAW.

2005 19 UNDP, UNFPA and UNOPS report on internal audit and oversight

UNICEF considers the existing internal audit procedures for report issuance to be adequate and will ensure that monitoring of those procedures and reporting to the Audit Committee on report issuance is rigorous.

Technical competency in understanding financial statements and reporting, generally accepted accounting principles, audit and investigation

A comprehensive audit approach, which integrates financial, compliance and value added aspects, is being followed.

Our responsibility is to express an opinion on these financial statements based on our audit.

OIOS generally includes a review of partners' activities (financial and performance) in the audit scope.

Auditors' independence is a prerequisite for the reliability and credibility of the audit of financial statements.

With regard to the regularity audit, detailed risk assessments have been completed to ensure that in performing the financial and compliance audit work, our resources will be appropriately focused.

Whenever the scope of audit of the Auditor is restricted, or whenever it is unable to obtain sufficient evidence, it shall refer to the matter in its opinion and report, making clear in the report the reasons for its comments and the effect on the financial position and the financial transactions as recorded.

1. Accepts the financial reports and audited financial statements and the reports and audit opinions of the Board of Auditors for the above mentioned organizations

1. Accepts the financial reports and audited financial statements and the reports and audit opinions of the Board of Auditors for the above mentioned organizations

The audit was based on the following broad audit objectives, mentioned by the Board in its progress report on the capital master plan (see A 58 321, para.

Prominent among these are the Public Procurement Act, the Financial Administration Act and the Internal Audit Agency Act.

In paragraph 313, the Board recommended that UNICEF review its internal audit procedures and work with the Audit Committee to ensure it significantly improves its report issuance lead time.

All figures for 2004 used in both the text and the tables in this report are provisional pending the audit of the 2004 2005 Financial Statements of UNFPA by the United Nations Board of Auditors.

This recommendation is related to the recommendation of paragraph 195 of the 2004 External Audit Report.

In paragraph 236 of the report, UNDP agreed with the Board's reiterated recommendation that it revise its programme of internal audit work to include an appropriate level of coverage of financial procedures and controls at headquarters.

We are requesting you to send us a quotation for an audit for the Tribunal's financial period 2005 2006 and 2007 2008. In addition we are contemplating an interim audit of the financial records on an annual basis covering the records for the years 2005 and 2007.

The Executive Board had before it the report on internal audit activities in 2004 (E ICEF 2005 AB L.2), which was introduced by the Director, Office of Internal Audit (OIA).

UNFPA also addressed audit issues in the annual report on internal audit and oversight activities in 2004 (DP FPA 2005 9), submitted to the annual session 2005 of the Executive Board.

The audit report for 2002 was submitted by the Tribunal to the fourteenth Meeting of States Parties.

Delegations expressed appreciation for the organization's professional approach to internal audit, and the transparent and candid report.

The Tribunal took note of the audit report for 2003 and requested that the report be submitted to the fifteenth Meeting of States Parties.

The Administration also notes that the Board has attested to the fairness of the financial statements in its audit opinion.