Deferred credits and other liabilities

(18) As regards deferred income tax assets liabilities, it is required to list the beginning balance and ending balance in the account book of the confirmed deferred income tax assets liabilities item by item, and list the deductible temporary variance and deductible losses of unconfirmed deferred income tax assets.

9. Liabilities included contributions received in advance from UNDP of 572,860, other liabilities of 358,242 (deferred income), unliquidated obligations of 594,491, and inter fund balances payable of 40,395.

(ii) Unliquidated obligations for future years are reported both as deferred charges and as unliquidated obligations

(iii) Unliquidated obligations for future years are reported both as deferred charges and as unliquidated obligations.

(iv) For balance sheet statement purposes only, those portions of education grant advances which are assumed to pertain to the scholastic years completed as at the date of the financial statement are shown as deferred charges.

Income, deferred

Deferred retirement benefit

Deferred chargesc

(m) Deferred charges.

(ii) For balance sheet statement purposes only, that portion of the education grant advance, which is assumed to pertain to the scholastic year completed as at the date of the financial statement is shown under deferred charges.

(vi) For purposes of the balance sheet statements only, those portions of education grant advances that are assumed to pertain to the scholastic years completed as at the date of the financial statement are shown as deferred charges.

(v) For purposes of balance sheet statements, those portions of education grant advances that are assumed to pertain to the scholastic years completed as at the date of the financial statement are shown as deferred charges.

Note 4. Deferred charges

Note 13. Deferred income

Obligations established prior to the financial period to which they pertain, pursuant to regulation 3.7 and rule 103.6, shall be recorded against a deferred charge account.

For balance sheet statement purposes, only that portion of the education grant advance that is assumed to pertain to the scholastic year completed at the date of the financial statement is shown under deferred charges.

He understood the frustration over the delay in implementing the Heavily Indebted Poor Countries Debt Initiative launched in response to that problem.

For interim periods, current year unliquidated obligations for UNDP, UNFPA and technical cooperation trust funds are reported as deferred charges and as liabilities

Other receivables and deferred charges

Note 9. Accounts receivable and deferred charges

(h) Deferred income Deferred income as at 31 December 1997 and 1995, in millions of United States dollars, is shown in statement V

Liability

Liquid Liabilities

Liabilities

(k) Deferred charges shown under other assets

Total Liabilities

Liabilities 4,030.

Article 27Where an enterprise (debtor) enters into an agreement with a creditor so as to substitute the existing financial liabilities by way of any new financial liability, and if the contractual stipulations regarding the new financial liability is substantially different from that regarding the existing financial liability, it shall terminate the recognition of the existing financial liability, and shall at the same time recognize the new financial liability.

It is important that more attention is now paid to public liabilities not only growing sovereign debt, but also larger, non debt liabilities embedded in social insurance programs. A combination of defective growth models, rising longevity, and unanticipated increases in costs (such as health care in America) have caused these longer term liabilities to explode.

13. Welcomes the progress made in the implementation of the Heavily Indebted Poor Countries Debt Initiative and the extension by the Executive Board of the International Monetary Fund of the original two year period for countries to begin qualifying for assistance until the end of the year 2000, and stresses that the Initiative offers an important opportunity for the heavily indebted poor countries to reach a sustainable external debt position

Article 57The financial liabilities refers to the following liabilities of an enterprise

Liability Accounts

Liability accounts

Environmental Liabilities

Total expenditure

The accrued

ITC has been in consultation with the Accounts Division of the Office of Programme Planning, Budget and Accounts at United Nations Headquarters on the accounting treatment of deferred charges and deferred income for financial reporting.

(iii) compelling testimony or the delivery of information concerning the assets and liabilities of the debtor

A. The HIPC initiative

Heavily Indebted Poor Countries (HIPC) Debt Initiative

(d) Debt burden

(w) Contingent liabilities

b Total liabilities.

Assets Liabilities