(b) To discuss with management and the United Nations Board of Auditors the audited financial statements and monitor the integrity of the financial statements and other such information required by members

Comment by the Administration. The Finance Section has instituted measures to ensure that the accounts receivable and accounts payable are separated and posted in the respective accounts when first entering transactions in the accounting system.

The project with PwC will be co sponsored by the Division of Financial Supply Management and the UNHCR Audit Service.

Financial management ___________

Financial management

Financial management

(g) Financial management

a transaction involving a client account or deposit

Appointment of Auditor for financial years 2005 2008

(a) Committee on Finance Administration

Audit of knowledge management of the Department's websites

Appointment of an auditor for the financial period 2005 2006.

Public administration, finance and development

d Programme budget for regular resources includes proceeds from cards sales.

Office of Mission Support

Audit of the financial statements and management practices of the Global Staff Association

Comment by the Administration. UNDP has designed the accounts receivable report.

Financial and internal controls management

Report to the United Nations Board of Auditor and the Advisory Committee on Administrative and Budgetary Questions

The report is divided into two parts, covering the audit of financial statements and management issues, respectively.

2.2.3 Financial and customs administration

OIOS is also working closely with the secretariat in developing the terms of reference for an audit of the governance mechanisms.

1. Accepts the financial reports and audited financial statements and the reports and audit opinions of the Board of Auditors for the above mentioned organizations

The case against European fiscal governance is straightforward.

The mismanagement is not merely financial.

Management, financial control, administrative oversight and human resources

Administration pertains to the entity that operates the financial mechanism.

MANAGEMENT, FINANCIAL CONTROL, ADMINISTRATIVE

Division of Financial Supply Management

1. Accepts the financial reports and audited financial statements and the reports and audit opinions of the Board of Auditors for the above mentioned organizations

Report to the United Nations Board of Auditors and the Advisory Committee on Administrative and Budgetary Questions

Unliquidated obligations for the regular programme of technical cooperation which are outstanding at the end of a financial period are transferred from the United Nations General Fund accounts to the technical cooperation accounts in the following financial period.

1. Accepts the financial reports and audited financial statements and the audit opinions and reports of the Board of Auditors regarding the aforementioned organizations

Comment by the Administration. The audits of Treasury and the relevant specialist areas have been included in the 2005 audit plan of the Internal Audit Section of the Office of Audit and Performance Reviews.

Comment by the Administration. The Office of Internal Oversight Services has recruited a new chief of section who has experience in financial services and pension fund issues, and is in the process of recruiting a pension fund audit specialist.

Administration pertains to the entity that operates the financial mechanism.

(d) Enhancing financial management and introducing results based budgeting.7

V. Rother) Wirtschaftsprüfer Wirtschaftsprüfer

The Board reiterates its recommendation that the Administration ensure that missions improve the management of long outstanding accounts receivable and review their systems to ensure the accurate ageing of accounts receivable.

History is littered with financial crises occurring in the wake of precipitous capital account liberalization.

NEW YORK Capital account regulations have been at the center of global financial debates for two years.

Further, while sharing of resources is encouraged, the accounts and equipment of the information centres and of UNDP field offices in the same location will continue to be clearly segregated for financial reporting and control.

With respect to project expenditures at ECLAC, procedures have been enforced to maintain such expenditures within the authorized allotments.

(d) Integration of the infrastructure financial management into the core ProFi system

Post implementation review of MSRP Finance and Supply Modules