All non expendable assets were bar coded for effective control.

Audit of inventory controls of expendables

The Property Control and Inventory Unit is in the process of conducting physical verification of non expendable assets and updating the records in the control system.

Non expendable equipment (especially computer hardware and software) is not included in the assets but is charged against the current appropriations when acquired.

The automated asset management system tracks the inventory of non expendable assets based on the Integrated Management Information System (IMIS) organizational identification number, linking them directly to the Departmental procurement process.

In addition, UNICEF had noted with concern the observation of the auditors concerning safeguarding of assets and was to improve its procedures for non expendable property.

In addition, UNICEF had noted with concern the observation of the auditors concerning safeguarding of assets and was to improve its procedures for non expendable property.

An updated inventory of non expendable property at headquarters has been compiled.

However, current methodology requires extensive manual handling, 100 per cent inspection and labelling of all assets and 30 to 100 per cent inspection of all expendables.

As a result, the Organization is now able, for the first time, to track non expendable assets at Headquarters throughout their useful life cycle, from procurement to disposal.

The inventory of such non expendable property is maintained at historical cost

In paragraph 33 of its report, the Board recommended that UNDP complete the adjustment process of all non expendable equipment records at country offices to bring the value in line with the revised non expendable policy.

Since June 2004, bar code labels are assigned physically to all active non expendable assets, replacing the old decal numbers, and such records are updated in the field assets control system to reflect the change.

Assesses if adequate accounting, security and management controls are in place to ensure efficient management of expendable property.

No increase is requested in the provision of 60,000 for the cost of expendable supplies and materials.

The collective efforts of the Administration have resulted in further improvements in custody of and control over non expendable equipment.

Comment by the Administration. Regional offices are required to submit the inventory reports on non expendable property semi annually.

In paragraph 42 of the report, UNU agreed with the Board's recommendation that it address the inaccuracies in accounting for non expendable property to provide complete and accurate disclosures of the value of non expendable property as at the end of the financial period.

Although the breakdown of non expendable property was provided in note 6 to the 2004 financial statements, appropriate and detailed disclosure of whether the non expendable property has been sold or donated, with explanations for any adjustments, will be reflected in the final financial statements for the biennium 2004 2005.

Resources and consumables the possibility of monitoring resources using electricity, water and fuel oil consumption is being considered as an aid to verification.

Comment by the Administration. A new instruction on non expendable property was to be issued in the second quarter of 2005.

The Board notes that the total cost of non expendable equipment on the spreadsheet presented to it amounted to 9.7 million.

(ii) Expenditures incurred for non expendable property are charged to the budget of the period when the property is acquired and are not capitalized.

In paragraph 33 of its report, the Board recommended that the Tribunal continue to improve and maintain adequate control over non expendable equipment.

In addition to the above costs, funding has been included for the periodic replacement or repair of structures and vehicles, as well as supplies, utilities and other consumables.

In addition to the above costs, funding has been included for the periodic replacement or repair of structures and vehicles, as well as supplies, utilities and other consumables.

(a) The decrease of 5,800 under policymaking organs relates to reduced requirements for travel of conference servicing staff and expendable conference supplies

Receipt and inspection is an important function through which the status and identification of equipment can be ascertained by incorporating new assets and expendables into the United Nations inventory management system.

As at 31 December 2004, the physical inventory for non expendable property of the Office of Programme Planning, Budget and Accounts no longer contained any items of nil value.

IS3.58 The provision of 10,400, at the maintenance level, would cover the costs of computer supplies, such as diskettes and other expendable material.

Controls on the movement of cash and negotiable instruments are regulated by the Act against the Laundering of Money or Other Assets, Decree No. 67 2001, as follows

Expendable and non expendable property

Expendable and non expendable property

For developing countries, one such comparable system has been recognized the ChileGAP Scheme for fresh fruit and vegetables grown in Chile for export or local consumption.

In paragraph 42 of the report, UNEP agreed with the Board's recommendation that it disclose in the notes to the financial statements the amount of non expendable property pending write off .

Again, a commodity for consumption.

Current assets Current assets are cash and other assets expected to be converted to cash or consumed either in a year or in the operating cycle (whichever is longer), without disturbing the normal operations of a business.

The completion of this exercise will bring all property and inventory control records up to date and will also ensure that financial values are assigned to all non expendable property belonging to the above mentioned offices.

Most of Australia's apple production is for domestic consumption.

(a) Virgin olive oils fit for consumption as they are

(a) Places selling intoxicating liquor for immediate consumption

In paragraph 60 of its report, the Board recommended that UNICEF (a) issue a new instruction on non expendable property, (b) investigate all remaining suspense items and (c) update its inventory lists.

Comment by the Administration. Non expendable property has been correctly categorized in note 9 to the financial statements for the first year of the 2004 2005 biennium, ending 31 December 2004.

(b) Virgin olive oils not fit for consumption as they are

(b) Virgin olive oil not fit for consumption as it is