Switzerland also has one of the world's largest account balances as a percentage of GDP.

The Administration therefore concludes that the Board has accepted that the trial balances generated by IMIS are in fact reliable.

Project ledger account balances

Gains in terms of trade have been crucial for growth in Latin America, given the region s low domestic saving rates, because they encourage investment but have relatively little negative impact on current account balances.

By Robert Ovetz, Ph.D., Sea Turtle Restoration Project

Even large pension funds are beginning to take notice.

Without this confidence, credit will not flow and economic activity will be constrained.

And an unprecedented amount of funds has been invested in HIV treatment and prevention.

By 10 June 2005, X21 balances amounted to 7 million.

The reduction of government subsidies for oil had released funds for quarterly cash subsidies to assist the poor.

To review cases of old outstanding balances of contributions and advise the secretariat on how to deal with this issue

In addition, I have the honour to present the report of the Board of Auditors with respect to the above accounts, including an audit opinion thereon.

Open Accounts

All accounts

Special accounts.

b Outposted to the Department of Economic and Social Affairs for financial matters related to technical cooperation.

Monitoring of accounts

Report by the Director General

Health accounts

Principal accounts

(a) Reviewing the strategy and workplans of internal and, in some organizations, external audit and discussing the scope and content of their audits so as to identify audit priorities and suggesting potential audit areas within which to address the organization's risks

The improved project implementation rates and the efforts by the Office to reduce fund balances were welcomed.

Case concerning the Conservation and Sustainable Exploitation of Swordfish Stocks (Chile European Community)

Any statement of ex gratia payments is submitted to the Board of Auditors with the annual accounts.

(Signed) Philippe Séguin First President of the Court of Accounts of France (Lead Auditor)

Audit process

External auditors

Internal auditors

Scope of audit

Audit opinion

Resident auditors

(i) Accounts Unit

External audit

Internal audit

Audit costs

Opening of bank accounts

Accounts payable

(ii) Accounts Division

Reconciliation of bank accounts

Australia put real money on the table for increased food production, along the lines that Spain is proposing.

Business investment is also weak, even though large corporations have very high cash balances.

The auditor has also told the Commission that he does not believe that his firm prepared these accounts.

(c) Audits to be carried out by resident auditors in the peacekeeping missions.

b. Parliamentary documentation audit reports on the basis of audits conducted (8)

The United States delegation wondered whether the lower estimated cost of external audits by the Board of Auditors reflected reduced audit coverage or better audit efficiency.