The Executive Council, advised by the Financial Secretary, would make the final decisions

He also reminded members of the Board that the financial situation of the Institute remained fragile.

Board decision IDB.30 Dec.2 on the financial situation of UNIDO

Board decision IDB.30 Dec.6 on the annex to the financial regulations

13. The Board is therefore concerned about the adequacy of the financial provision made for its work.

In accordance with financial regulation 12.2 the Board will have before it

In addition, the Executive Board will have before it the annual financial review, 2004.

Adopts the approval of the Permanent Council of the ISF's Closing Accounts for the 2003 2004 Financial Year.

The Board also decided to invite the Controller of the United Nations to participate in the deliberations of the resumed session.

In accordance with financial regulation 12.2 the Conference will have before it

12. The Board found that the procurement of goods and services by UNDP is conducted in compliance with the financial rules and regulations.

The Board recommended that the Secretary General and UNDP continue their financial support to the Institute.

Proposed revisions to the UNDP financial regulations will be submitted to the Board in November 1994.

8. The Executive Council should consist of three official members (the Chief Secretary, the Attorney General and the Financial Secretary) appointed by the Governor and of 15 members elected from the Legislative Assembly.

31. The Board found that there is limited facility at headquarters for effective financial monitoring of programmes and projects.

The Peace Implementation Council Steering Board welcomed, in particular, the establishment of the Fiscal Council of Bosnia and Herzegovina on 14 May and the extension of the mandate of the Fiscal Sustainability Working Group.

In paragraph 60, the Board indicated that UNODC agreed with the Board's recommendation to improve financial closure of completed projects.

In paragraph 61, the Board recommended that the Administration require the Finance Assistant to issue official receipts, in line with rule 103.8 (a) of the Financial Regulations and Rules of the United Nations.

The Council also examined the results of the efforts made by the Economic and Financial Cooperation Committee to standardize customs tariffs, and by the Council of Ministers of Finance and Economy to reach agreement on the standardization and application of customs tariffs in order to accelerate the process of integration between Council States.

The board would constitute the fiscal counterpart of the European Central Bank it would also be the European counterpart of the International Monetary Fund.

158. As noted above, the Board found that there is limited facility at headquarters for effective financial monitoring of programmes and projects.

3. In addition to the audit of the accounts and financial transactions, the Board carried out reviews under Financial regulation 12.5.

In the Board apos s view, the Financial Regulations and Rules represent only the minimum standards consistent with maintaining sound internal controls.

4. In addition to the audit of the accounts and financial transactions, the Board carried out reviews under article 12.5 of the Financial Regulations.

The Executive Board had before it the financial report and audited financial statements for the biennium ended 31 Dec 2003 (A 59 5 Add.2), which was introduced by the Comptroller.

The Executive Board had before it the financial report and audited financial statements for the biennium ended 31 Dec 2003 (A 59 5 Add.2), which was introduced by the Comptroller.

The report (E ICEF 2005 AB L.4) was introduced by the Comptroller and noted by the Executive Board without comment.

(c) The Board recommended that financial rule 111.6 should be reviewed in the light of generally accepted accounting principles (para. 50).

Pursuant to regulation 12.19, the Board engaged the services of a commercial public audit firm to carry out specific assignments.

This plan enables the Executive Board to review the financial performance of UNICEF in 2004 and see updated income projections.

Further requests the Administrator to keep the financial regulations under active review and to consult accordingly with the Executive Board.

Moreover, on 14 May the State and entity prime ministers and finance ministers established the Bosnia and Herzegovina Fiscal Council.

3. In addition to the audit of the accounts and financial transactions, the Board carried out reviews under regulation 12.5 of the United Nations Financial Regulations and Rules.

5. In addition to their audit of the accounts and financial transactions, the Board carried out reviews under article 12.5 of the Financial Regulations of the United Nations.

5. In addition to its audit of the accounts and financial transactions, the Board carried out reviews under Article 12.5 of the United Nations Financial Regulations.

Requests the UNFPA Executive Director to keep the financial regulations under active review and to consult accordingly with the Executive Board.

In addition to the audit of the accounts and financial transactions, the Board carried out reviews of peacekeeping operations under financial regulation 7.5.

Table 1 reflects PSD results contained in the financial report that is submitted and noted by the UNICEF Executive Board.

4. In addition to the audit of the accounts and financial transactions, the Board carried out reviews under article 12.5 of the Financial Regulations of the United Nations.

It provides that the Legislative Council should consist of eight elected members and the Chief Executive and Financial Secretary as ex officio members.

The main terms of reference of the Board are set forth in regulations 12.4 to 12.12 and are elaborated upon in an annex to the Financial Regulations.

4. In addition to our audit of the accounts and financial transactions, the Board carried out reviews under article 12.5 of the United Nations Financial Regulations.

4. In addition to the audit of the accounts and financial transactions, the Board carried out reviews under article 12.5 of the United Nations Financial Regulations.

ITC revised its accounting treatment of exchange fluctuations in accordance with the Board apos s recommendations and has applied financial rule 111.6.

In addition to the audit of the accounts and financial transactions, the Board carried out reviews, under article 12.5 of the United Nations Financial Regulations.