(b) Accounts receivable.

Total accounts receivable 61.8 6.3 68.1 61.5

Note 9. Accounts receivable

Note 2. Accounts receivable

Accounts receivable and accounts payable

Audit the Fed?

Note Accounts receivable and payable

Write off of losses of cash, receivables and property

Accounts receivable included, in United States dollars

Write off of losses of cash, receivables and property

It would also be responsible for the monthly reconciliation of receivable and revenue accounts.

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.

Under current regulations, the reserve requirement against most transaction accounts is 10 percent .

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

All material accounts receivable have been included in the financial statements and represent valid claims against debtors.

Accounts receivable are presented in statement II, net of a provision of 2,581,147 for doubtful accounts receivable comprising

He was arrested because there were transfers of eight million dollars that went into some dormant accounts that belonged to him and his family.

In 1991, the principal amount of 509,330 was included under accounts receivable and deferred charges.

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 reserve would be phased out at the end of the construction phase of the project and the related contributions credited back to Member States.

The full amounts of the advances are maintained as accounts receivable from staff members until the required proofs of entitlement are produced, at which time the budgetary accounts are charged and the advances are settled

The coverage also included the audit of the accounts of 1 liquidated mission, 22 completed missions, the Peacekeeping Reserve Fund and the support account for peacekeeping operations.

Apart from the estimated uncollectable amounts, recorded under the provision for doubtful accounts receivables, we expect all significant accounts receivable at 31 December 2004 to be collected.

Included in the accounts receivable balance as of 31 December 1993 is the amount of 312,273.18 which had been paid to 167 deceased beneficiaries.

V. Rother) Wirtschaftsprüfer Wirtschaftsprüfer

Apart from the estimated uncollectable amounts, recorded under the provision for doubtful accounts receivable, we expect all significant accounts receivable at 31 December 2004 to be collected.

In paragraph 43, the Board indicated that UNODC agreed with the Board's recommendation to define a write off policy of its long outstanding receivables and clear its old outstanding accounts receivable.

The missions responded that they had significantly reduced both the accounts receivable from staff and the time period for which the amounts remained outstanding.

44. Policy guidelines on the proper disposition of long outstanding accounts receivable and payable should be established.

One argument is that redundancy looks like waste in normal times, with cost benefit calculations ruling out higher investment.

The Department would remind the missions to institute reliable ageing mechanisms and appropriate controls to ensure that accounts receivable were regularly reviewed and promptly recovered.

In paragraph 66 of its report, the Board recommended that the Private Sector Division manage more proactively its accounts receivable, by systematically planning for remittances and write offs and by a thorough annual collectability analysis of all receivables.

Total accounts payable 1 803 690

The difference arises from the cash balance brought forward from 1992 of 40,744.08 and accounts receivable of 17,267.35.

Reserve component

Accounts Editor

Accounts

Money used by commercial banks to satisfy the RRR, which is held in accounts at the PBC, can no longer be extended as loans.

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.

The Board recommends that the Department of Peacekeeping Operations, in close consultation with peacekeeping missions, carefully analyse the elements leading to the reported fraud and properly take the necessary punitive measures, draw lessons and share those lessons systematically with other peacekeeping missions.

Annex I

But Kim s calculus is different from that of most rulers.

The full amount of the advance is maintained in the accounts receivable from staff members until such time as the staff member produces the required proof of entitlement to the education grant at which time the budgetary account is charged and the advance recovered.

Interest due from investments made in the financial period but not maturing until future periods is recorded as accounts receivable.

The Board of Auditors was informed that during the biennium ended 31 December 1993 receivables amounting to 59,132.51 were written off.