Action plans are entered in a database maintained by the UNFPA Audit Services Branch.

As part of the realignment, the accounts receivable function would be transferred from the Payments Unit to the Accounts Unit and, at the same time, enhanced.

The setting or compliance with international internal or external audit standards

(f) Serving as an issue resolution forum in cases where there are differences in respect of opinions or recommendations between managers and auditors or investigators, or among the auditors themselves

While possible, the Panel considered that close scrutiny of the audit working papers and procedures was warranted.

Comment by the Administration. Action plans are captured in a database upon receipt and maintained by the Audit Services Branch.

Comment by the Administration. The inter agency audit task group of the United Nations Development Programme, of which UNFPA is a member, is finalizing a technical note on the terms of reference for the conduct of audits.

In September 2005, the UNDG inter agency audit task group, of which UNFPA is a member, finalized a technical note on the terms of reference for the conduct of audits.

As with domestic or home work, if both of these categories were taken into consideration in the national account, the Gross Domestic Product of the country would probably triple within one year.

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

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

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.

Considerable progress has since been made with, inter alia, the application of the Standards for the Professional Practice of Internal Auditing of the Institute of Internal Auditors (IIA), improving audit plans and working papers, quality assurance, as well as with the acquisition of additional skills and resources.

The Auditor and its staff shall have free access at all convenient times to all books, records and other documentation which are, in the opinion of the Auditor, necessary for the performance of the audit.

Financial services in the national accounts

The proposed transfer of the accounts receivable function to a new sub unit within the Accounts Unit would offer some relief in the workload of the Unit.

UNEP deliberated on that report in August 2004 to determine the best course of action to implement the audit recommendations of the Office and the Board.

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.

An important development in efforts to raise the profile of volunteerism was the issuance in 2003 by the United Nations of the Handbook on Non Profit Institutions in the System of National Accounts,1 which includes a section on volunteering.

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

Theoretical calculations showed the design to be sound in principle and there is still hope that such a system can be made to work.

(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 First President of the Court of Accounts of France

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

Comment by the Administration. The standard time frame for the issuance of audit reports is to be examined as part of the review of its audit procedures.

Noting that the United Nations Board of Auditors is independent and is solely responsible for the conduct of its audits.

Comment by the Administration. Action to reclassify some accounts has been taken and reflected in the 2004 financial statements.

It is worth noting that even the organizations that do not have an institutionalized audit committee have set up mechanisms to review internal and external audit matters as well as progress made in implementing audit recommendations.

Audit process

External auditors

Internal auditors

Scope of audit

Audit opinion

Resident auditors

(i) Accounts Unit

External audit

Internal audit

Audit costs