At the present time, audit assignments are shared among the audit staff provided from the audit services of the members of the Board on an equal basis.

Also, the Office of Audit and Performance Review has been reviewing its audit planning methodology with a view to adopting a more formal risk based approach.

The Committee also recommends that UNHCR and the Board discuss the modalities for planning for biennial audit.

The Committee also recommends that UNHCR and the Board discuss the modalities for planning for biennial audit.

of action pertaining to the situation of social groups modalities

Method of calc

Calculation mode

Basis Calculation method

A number of approaches regarding the external audit, such as the need for auditor partner rotation and the avoidance of possible conflicts of interest involved in providing non audit services, can be considered to ensure that external audits serve shareholder and other stakeholder interests in the intended manner.

Modalities for the review and appraisal of the Madrid International Plan of Action on Ageing, 2002

(t) Ensure that the United Nations has adequate arrangements for employees to raise concerns in confidence about possible improprieties relating to accounting, internal accounting controls or auditing matters, as well as for confidential submissions by employees of concerns regarding questionable accounting or auditing matters

An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the annual financial statements.

Modalities for selection of master plans to be considered by the expert committee would be the same as for review in plenary.

The auditors of the Office of Internal Oversight Services have agreed to elaborate criteria, in accordance with international accounting standards, to facilitate the review of audit reports by the secretariat of the Fund.

An audit includes examining, on a test basis, and as considered by the auditor to be necessary in the circumstances, evidence supporting the amounts and disclosures in the financial statements.

Reference is made to the General Terms of Engagement for Wirtschaftsprüfer und Wirtschaftsprüfungsgesellschaften dated 1 January 2002 and our special conditions dated 1 January 2001 (exhibit VII), in regard to the assignment and our responsibilities, including those to third parties.

At the time of the audit, it was invested in three month term deposits earning interest income at a rate of approximately of 5.75 per cent per annum.

(b) There shall be annual audits of the operations of the Fund, in a manner agreed between the United Nations Board of Auditors and the Board. An audit report on the accounts of the Fund shall be made every two years by the United Nations Board of Auditors a copy of the audit report shall be included in the report under (a) above.

An audit includes examining, on a test basis, and as considered by the auditor to be necessary in the circumstances, evidence supporting the amounts and disclosures in the financial statements.

ILO's participatory gender audits, 22 of which have been conducted with ILO work units and regional offices since 2001, involved staff at all levels of the organization in an interactive and participatory process that identified needs in the area of gender mainstreaming.

He stressed the lack of audit interpretation skills at the local level, for which UNDP had launched a certification programme, and noted efforts to harmonize resource transfer modalities.

(a) Recalls the provisions of Article XI of the financial regulations of UNIDO and regulation 11.1, which states An External Auditor, who shall be Auditor General (or an officer exercising an equivalent function) of a Member State, shall be appointed in the manner and for the period decided by the Conference'

4. The Board continued its practice of reporting the results of specific audits in management letters containing detailed observations and recommendations to the Administration.

Such a mechanism could be either in the form of a special committee comprising senior officials or of a focal point for audit and oversight matters.

(ii) Prudence, substance over form and materiality should govern the selection and application of accounting policies

An audit also includes assessing the accounting principles used and significant estimates made by the High Commissioner, as well as evaluating the overall presentation of the financial statements.

FORMULATING AND IMPLEMENTING NATIONAL DRUG CONTROL

Responsible for the computation of the algebraic equation of a locus.

Requests that this analysis and presentation be maintained in future reports on internal audit and oversight

Subprogramme 1

(a) Programme review industrial statistics

(a) Programme review industrial statistics

(c) An informal consultation on UNDP and UNFPA audit reports

With regard to peacekeeping operations, the Board would try to strike a balance between financial and management audits, as the Advisory Committee suggested.

The design of the web based data system to monitor the audits of nationally executed projects will enable UNFPA to assess the financial magnitude and the occurrence of audit events to better appraise the risks of national execution.

Welcomes the presentation of audit recommendations by frequency of occurrence and by priority, and requests a further analysis of the present figures regarding the underlying causes of audit remarks

43. To enable the mid term review and evaluations to be used as tools for effective monitoring of programmes, the Board recommends that the Administration review the format of the reports that are submitted to the Executive Board for uniformity in presentation and ensure that the required information are provided.

29. The effect of the new currency adjustment policy formulated under the harmonized budget format will be reviewed by the Board in its future audits.

(ii) The current cost formula would be reviewed and modified, as required

Their calculations are different.

Funding modalities for UNDP

Programme B.2 Comptroller General, Internal Audit and Evaluation Services

The annual inventory review should be conducted as a desk or centralized review.

The Commission is invited to consider the draft plan of action, including through its open ended inter sessional working group, and to focus on ways and means by which effect could be given to the plan of action, in terms of its follow up and implementation.

My team had identified the lack of a formal, comprehensive fraud prevention strategy during the previous audit.