The financial statements were prepared in accordance with the stated accounting policies and

Where fundamental accounting assumptions are followed in financial statements, disclosure of such assumptions is not required.

Note 1 describes the significant accounting policies applied in the preparation of the statements.

Initiative Update accounting policies and improve financial reporting disclosures

Where fundamental accounting assumptions are followed in financial statements, disclosure of such assumptions is not required.

10. Financial statements should include clear and concise disclosure of all significant accounting policies which have been used.

11. The disclosure of the significant accounting policies used is an integral part of the financial statements.

The Board noted that the financial statements of the United Nations University, by and large, conformed to the accounting standards.

Where fundamental accounting assumptions are followed in financial statements, disclosure of such assumptions is not required. If a fundamental accounting assumption is not followed, that fact should be disclosed together with the reasons.

UNHCR participates in the inter agency Task Force that continues to review accounting standards and the presentation of financial statements.

UNHCR participates in the inter agency Task Force, which continues to review accounting standards and the presentation of financial statements.

(iv) The disclosure of the significant accounting policies used should be an integral part of the financial statements.

Certain amounts presented in the 2004 financial statements for 2003 comparative purposes in accordance with UNSAS, have been reclassified to conform with improved disclosure introduced in conjunction with the implementation of new accounting systems (MSRP PeopleSoft).

Therefore, of the 41 new posts approved in the support account budget in 2003 04, 35 were for the Office of Internal Oversight Services.

A summary of significant accounting policies applied in the preparation of the financial statements is provided in note 1 to the financial statements.

(iii) Financial statements should include clear and concise disclosure of all significant accounting policies which have been used

(iv) The disclosure of the significant accounting policies used should be an integral part of the financial statements.

(iii) Financial statements should include clear and concise disclosure of all significant accounting policies which have been used.

Accounting period

The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes.

The financial statements are prepared in accordance with the Financial Regulations and Rules of UNICEF and the accounting standards of the United Nations system.

Where fundamental accounting assumptions are followed in financial statements, disclosure of such assumptions is not required.

2. Accounting standards

In 1973, the Accounting Principles Board was replaced by the Financial Accounting Standards Board (FASB) under the supervision of the Financial Accounting Foundation with the Financial Accounting Standards Advisory Council serving to advise and provide input on the accounting standards.

(h) The Organization's financial statements are presented in accordance with the ongoing recommendations of the Task Force on Accounting Standards to the Chief Executives Board for Coordination

11. The significant accounting policies of UNITAR are outlined in the notes to the financial statements.

(b) The Institute apos s financial statements are prepared on the historical cost basis of accounting and have not been adjusted to reflect the effects of changing prices for goods and services.

This requires the reinforcement of their credit infrastructure (registration and bankruptcy laws, public and court registers, accounting, reporting and disclosure standards, standards for auditors, and public data dissemination and publishing requirements).

Certain amounts presented in the 2004 financial statements for purposes of comparison with 2003, in accordance with the United Nations system accounting standards, have been reclassified to conform with improved disclosure introduced in conjunction with the implementation of new accounting systems (Management Systems Renewal Project, PeopleSoft).

(e) A non recurrent provision of 200,000 is proposed for general temporary assistance to ensure that the accounting data of the Organization are complete and up to date preparatory to the implementation of the accounting module of IMIS in 1994. 25B.

These financial statements and schedules conform with the Accounting Standards (General Assembly document A 48 530 of 29 October 1993).

Japan s Accounting Problem

Scandinavia s Accounting Trick

(q) Refinement of accounting practice

Accounting policy for voluntary contributions

Summary of significant accounting policies

Refinement in accounting practice

The resources of the Accounts Unit are devoted principally to contribution reporting, bank reconciliation and production of the financial statements they are not concerned with the verification of accounting entries made by other units involved in the accounting process.

In accordance with the United Nations common accounting standards, forward currency transactions have been excluded from the balance sheet, while being disclosed in note (7) to the financial statements.

Such indexing is being compared to accounting standards.

6. Environmental economics, accounting and

United Nations system accounting standards

Changes in accounting practices and policies in the biennium

Summary of significant accounting policies

Note 1. Significant accounting policies