The annual inventory, including the national inventory report and the common reporting format (CRF) Supplementary information under Article 7, paragraph 1, incorporated in the Party's national inventory according to section I.D, greenhouse gas inventory information, of the guidelines for the preparation of the information required under Article 7.

The Board notes that a discrepancy of 6,257,910 between the summary statement and physical inventory report still existed as at 31 December 2004, and that the financial values and dates of purchases were not indicated in the inventory report.

The review of national systems shall be conducted, as appropriate, through interviews with personnel involved in inventory planning, preparation and management, and through examination of relevant records and documentation, including use of the inventory CRF and preparation of the national inventory report.

The relevant bodies are carrying out the appropriate inventory, and their report will be available in due course.

Details regarding any information of a non quantitative character should be provided in the national inventory report (NIR).

In 2004, the secretariat organized a review for each country that provided a complete inventory submission (i.e. containing the common reporting format and a national inventory report) within six weeks of the submission due date.

Individual inventory reviews

Inventory of weapons

Expert review teams During individual inventory reviews, international teams of inventory experts examine the data, methodologies and procedures used in preparing the national inventory.

Inventory preparation As part of its inventory preparation, each Party included in Annex I shall

Inventory Control (FS 5)

In paragraph 62 of the report, UNEP agreed with the Board's recommendation that it update the property and inventory control records, with emphasis on the financial value of each item, and reconcile those records with the summary statement of inventory.

Thus, according to existing mandates, Parties to the Kyoto Protocol may face a situation where they need to submit the same inventory twice because they are required to submit a full inventory with the initial report mentioned in section C above.

The inventory review resources listed in appendix I provide recommended approaches and tools for clustering inventory data.

Inventory and equipment acquisition financing

Making and disseminating an inventory of

Inventory and receivable revolving loan financing

8 For the purpose of these guidelines for national systems, the inventory development process encompasses inventory planning, preparation and management.

I have prepared as Annex A of this report a tabular inventory reflecting those key recommendations that were still at various stages of the implementation process.

If an average inventory parameter from a cluster of countries is used, expert review teams should follow the recommended approaches and tools for clustering of inventory data as included in the inventory review resources listed in appendix I.

If an average inventory parameter from a cluster of countries is used, expert review teams should follow the recommended approaches and tools for clustering of inventory data as included in the inventory review resources listed in appendix I.

All 36 inventory review reports were completed on time, or within one week of the due dates established in the inventory review guidelines.

A second inventory will take place in 2006.

Choice of emission factors or other inventory parameters

Choice of emission factors or other inventory parameters

In the first quarter of 2005, UNHCR conducted a full headquarters asset inventory, with a view to a report that had yet to be issued by May 2005.

It is expected that the majority of Annex I Parties will use the 2006 inventory (covering the period from the base year through 2004) for the initial report.

Inventory may also cause significant tax expenses, depending on particular countries' laws regarding depreciation of inventory, as in Thor Power Tool Company v. Commissioner.

Table 1 Inventory review experts in 2004 by nominating Party Other inventory review procedures In accordance with decision 12 CP.9 the secretariat developed procedures to implement the code of practice for the treatment of confidential information during the inventory review.

However, a buyer of inventory, who buys encumbered inventory in the ordinary course of business of the seller (and anyone whose rights to the encumbered inventory derive from that buyer), takes free of a security right that is effective against third parties in that inventory, even if such buyer has knowledge of the existence of the security right.

Reiterates the need to implement, as a matter of priority, an effective inventory management standard, especially in respect of peacekeeping operations involving high inventory value

The Joint Inspection Unit report is particularly useful in this context, providing a fairly comprehensive overview and inventory of the system's experience with operational activities at the country level.

This approach would avoid conducting two consecutive reviews of the same inventory for Kyoto Protocol Parties, and enable Parties to devote resources to the preparation of the initial report.

The internal costing valuation of inventory can be complex.

The annual inventory review shall consist of two elements

The Galileo inventory management system tracks global peacekeeping assets.

Recommended approaches and tools for clustering of inventory data

Recommended approaches and tools for clustering of inventory data

21. Also requests the Secretary General to make a comprehensive inventory of the response of the Secretariat to terrorism as part of his report on measures to eliminate international terrorism

Welcomes any update by the Secretary General of the comprehensive inventory of the response of the Secretariat to terrorism as part of his report on measures to eliminate international terrorism

The COP also requested the secretariat to include in this report information on its inventory review training programme, in particular on examination procedures and on selection of trainees and instructors.

Welcomes any update by the Secretary General of the comprehensive inventory of the response of the Secretariat to terrorism as part of his report on measures to eliminate international terrorism

Any corrections, additional information or comments on the draft report received from the Party included in Annex I within four weeks after the report has been sent to the Party included in Annex I shall be subject to review and shall be included in the final inventory review report.

Coordinating Annex I Parties' annual inventory reviews and training reviewers

Reiterating the importance of establishing an accurate inventory of assets,