v. Appointment of an External Auditor

(e) Appointment of an External Auditor

APPOINTMENT OF AN EXTERNAL AUDITOR (item 12)

4 (e) Appointment of an External Auditor

Item 12. Appointment of an External Auditor

The interim report of the External Auditor will include the Director General's observations on the implementation of the recommendations of the External Auditor.

The interim report of the External Auditor will include the Director General's observations on the implementation of the recommendations of the External Auditor.

Candidatures for the appointment of an External Auditor.

Candidatures for the appointment of an External Auditor

Implementation of the recommendations of the External Auditor (item 4)

Item 7. Implementation of the recommendations of the External Auditor

Item 4. Implementation of the recommendations of the External Auditor

(e) APPOINTMENT OF AN EXTERNAL AUDITOR (continued) (GC.11 CRP.6)

Interim report of the External Auditor on the accounts of the

Interim report of the External Auditor (IDB.30 8 PBC.21 8)

Interim report of the External Auditor (IDB.30 8 PBC.21 8)

Interim report of the External Auditor (PBC.21 8 IDB.30 8)

It is illegal for any individual or firm that is not a Statutory Auditor to perform a company audit.

(e) APPOINTMENT OF AN EXTERNAL AUDITOR (IDB.30 5 and Add.1 4)

INTERIM REPORT OF THE EXTERNAL AUDITOR, FINANCIAL PERFORMANCE REPORT AND PROGRAMME PERFORMANCE REPORT

(e) APPOINTMENT OF AN EXTERNAL AUDITOR (GC.11 CRP.4, GC.11 CRP.6)

The Proposal for Appointment of External Auditor as well as Ms. Lindström's curriculum vitae are enclosed.

Mr. DERY (Philippines) said the voting for the External Auditor had shown a division of views.

The External Auditor would report on the status of implementation of those recommendations in his next report.

On 12 May, at the recommendation of the Chairman, the Committee also took note of the Director General's observations on the implementation of the recommendations of the External Auditor as contained in the interim report of the External Auditor (PBC.21 8).

During the tenth session of the General Conference in 2003, the Philippines had withdrawn its nomination for the post of External Auditor in the interests of consensus, paving the way for the reappointment of the incumbent External Auditor from South Africa for a second term.

Documents IDB.30 5 PBC.21 5 and Add.1 provided information on the candidatures for the position of External Auditor, including the nomination of Ms. Eva Lindström, Auditor General of Sweden.

i. Interim report of the External Auditor, financial performance report and programme performance report for the biennium 2004 2005

Considering the matter of fair geographical distribution of the posts of Director General and External Auditor, and given that the next Director General was to be an African, Japan supported the candidature of Mr. Guillermo N. Carague of the Philippines for the post of External Auditor.

At its twenty sixth session, the Board requested the External Auditor to submit each year in time for the Committee session a short interim report on the activities carried out by the External Auditor and any recommendations resulting therefrom (IDB.26 Dec.2, para. (h) (ii)).

It was for that reason that Egypt endorsed Mr. Fakie's candidature for a third and final term as External Auditor.

Interim report of the External Auditor, financial performance report and programme performance report for the biennium 2004 2005 (item 3)

4 (a) Interim report of the External Auditor, financial performance report and programme performance report for the biennium 2004 2005

Item 3. Interim report of the External Auditor, financial performance report and programme performance report for the biennium 2004 2005

(c) Recalls the practice of appointing the External Auditor for a period of two years and thereafter extending the appointment

Thus, as of 15 June 2005, the status of candidatures for the appointment of an External Auditor is as follows

On 11 May, the Committee considered a report by the Director General on candidatures for the appointment of an External Auditor (PBC.21 5 and Add.1 and 2) and a note by the Secretariat on candidatures for the appointment of an External Auditor (PBC.21 CRP.2).

In decision IDB.29 Dec.2 on the report of the External Auditor for the period 2002 2003, the Board, inter alia, requested the Director General to implement the recommendations of the External Auditor fully and without delay and to report thereon to the Board at its thirtieth session.

However, the External Auditor had drawn attention to areas where improvements were needed, such as the use of consultants and experts.

For example, in Malaysia listing requirements call for immediate disclosure of a change in the management, external auditor or board structure.

Mr. AJMAL (Comptroller General), referring to the report of the External Auditor, noted that, after extensive audits at UNIDO headquarters and in the field offices, the External Auditor had expressed an unqualified opinion on UNIDO's financial statements for the last biennium, and had also stated that adequate controls were in place.

REPORT OF THE PROGRAMME AND BUDGET COMMITTEE (items 4 (a) to (h)) IMPLEMENTATION OF THE RECOMMENDATIONS OF THE EXTERNAL AUDITOR (item 7)

Indonesia expressed its full support for the candidature of Mr. Carague of the Philippines for the post of External Auditor of UNIDO.

The Member States and the External Auditor have positively commented upon the actions taken by the Secretariat in introducing RBM in the Organization.

The External Auditor had agreed with the Secretariat that it would not be appropriate for UNIDO to propose its own stand alone solution.