The amount of 1,657,900 covers the estimated requirements for external audit ( 462,400) as requested by the Board of Auditors, and for internal audit ( 1,195,500) as requested by the Office of Internal Oversight Services.

Considering that the Tribunal has no internal audit service, the request for quotation included a provision for an interim audit every two years, i.e., in 2005 and 2007.

Comment by the Administration. The Audit Services Branch of UNFPA requested country offices to submit the required information.

On UNHCR's request, the Office of Internal Oversight Services has already initiated appropriate steps to implement this recommendation in consultation with internal audit services of other agencies.

At its eighth session, the Conference took note in decision GC.8 Dec.11 of the information provided at the request of the External Auditor in document IDB.20 6 on audit related matters, containing in annex 1 a suggested revision to paragraph 5 of the annex to the financial regulations.

In decision IDB.29 Dec.2 on the report of the External Auditor for the period 2002 2003, the Board, inter alia, requested the Director General to implement the recommendations of the External Auditor fully and without delay and to report thereon to the Board at its thirtieth session.

Comment by the Administration. The Audit Services Branch has sent reminders on a regular basis and has enlisted the assistance of the geographic divisions to obtain outstanding project audit reports.

At its twenty sixth session, the Board requested the External Auditor to submit each year in time for the Committee session a short interim report on the activities carried out by the External Auditor and any recommendations resulting therefrom (IDB.26 Dec.2, para. (h) (ii)).

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.

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

(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

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

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

Audit process

External auditors

Internal auditors

Scope of audit

Audit opinion

Resident auditors

(i) Accounts Unit

External audit

Internal audit

Audit costs

Opening of bank accounts

Accounts payable

(ii) Accounts Division

Reconciliation of bank accounts

The auditor has also told the Commission that he does not believe that his firm prepared these accounts.

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

b. Parliamentary documentation audit reports on the basis of audits conducted (8)

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.

Annual report and audit

That is the right calculation.

Audit services 10.0

Audit opinion

(c) Audit and Inspection

Draft resolution submitted by the Chairman following informal consultations

It offers two types of accounts