This includes contributions receivable in the amount of US 1,447,600.

An amount of 1,219,380 provided for in 2003 as a doubtful accounts receivable bank balance was recovered during 2004.

(b) Existing receivable means a receivable that arises upon or before conclusion of the contract of assignment and future receivable means a receivable that arises after conclusion of the contract of assignment

(i) Accounts receivable other

(e) Accounts receivable other

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

Aging analysis of contributions receivable

Provision for uncollectible contributions receivable

Note 6 Provision for accounts receivable

UNDP has designed the accounts receivable report.

Article 17 Loans and accounts receivable refers to the non derivative financial assets for which there is no quoted price in the active market and of which the repo amount is fixed or determinable.

(i) Another assignee of the same receivable from the same assignor, including a person who, by operation of law, claims a right in the assigned receivable as a result of its right in other property of the assignor, even if that receivable is not an international receivable and the assignment to that assignee is not an international assignment

This includes a receivable of 3,414,060 due from IAEA.

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.

(a) The assignor has the right to assign the receivable

The monthly review of accounts receivable is currently being undertaken.

In addition, a comprehensive review of the receivable and payable accounts is being conducted to prevent netting off of the accounts payable against the accounts receivable and vice versa.

(a) If payment in respect of the assigned receivable is made to the assignee, the assignee is entitled to retain the proceeds and goods returned in respect of the assigned receivable

2. A right securing payment of the assigned receivable is transferred under paragraph 1 of this article notwithstanding any agreement between the assignor and the debtor or other person granting that right, limiting in any way the assignor's right to assign the receivable or the right securing payment of the assigned receivable.

(b) The assignor has not previously assigned the receivable to another assignee and

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.

As between assignees of the same receivable from the same assignor, the priority of the right of an assignee in the assigned receivable is determined by the order of conclusion of the respective contracts of assignment.

Provision is made for accounts receivable for which no reasonable expectation of recovery exists.

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

The right of an assignee in an assigned receivable has priority over the right of an insolvency administrator and creditors who obtain a right in the assigned receivable by attachment, judicial act or similar act of a competent authority that gives rise to such right, if the receivable was assigned before the commencement of such insolvency proceeding, attachment, judicial act or similar act.

(b) If payment in respect of the assigned receivable is made to the assignor, the assignee is entitled to payment of the proceeds and also to goods returned to the assignor in respect of the assigned receivable and

The remaining 4,570,237 was reported as receivable from UNDP in UNHCR's Financial Statements for 2004.

A provision for a possible write off of this receivable is included in accounts payable.

(j) Proceeds means whatever is received in respect of an assigned receivable, whether in total or partial payment or other satisfaction of the receivable. The term includes whatever is received in respect of proceeds. The term does not include returned goods

1. If proceeds are received by the assignee, the assignee is entitled to retain those proceeds to the extent that the assignee's right in the assigned receivable had priority over the right of a competing claimant in the assigned receivable.

2. The assignee may not retain more than the value of its right in the receivable.

The remaining 4,570,237 was reported as receivable from UNDP in the UNHCR financial statements for 2004.

(d) Automatically upon creation of a security right in the receivable supported by an independent undertaking.

(c) If payment in respect of the assigned receivable is made to another person over whom the assignee has priority, the assignee is entitled to payment of the proceeds and also to goods returned to such person in respect of the assigned receivable.

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

As between assignees of the same receivable from the same assignor, the priority of the right of an assignee in the assigned receivable is determined by the order in which data about the assignment are registered under section II of this annex, regardless of the time of transfer of the receivable. If no such data are registered, priority is determined by the order of conclusion of the respective contracts of assignment.

The right of an assignee in an assigned receivable has priority over the right of an insolvency administrator and creditors who obtain a right in the assigned receivable by attachment, judicial act or similar act of a competent authority that gives rise to such right, if the receivable was assigned and notification was received by the debtor before the commencement of such insolvency proceeding, attachment, judicial act or similar act.

(b) Financial contracts governed by netting agreements, except a receivable owed on the termination of all outstanding transactions

(a) Original contract means the contract between the assignor and the debtor from which the assigned receivable arises

As mentioned, above, the accounts receivable function would be transferred from the Payments Unit to the Accounts Unit.

An enterprise shall not classify any of the following non derivative financial assets as a loan or account receivable

The right of an assignee in an assigned receivable has priority over the right of an insolvency administrator and creditors who obtain a right in the assigned receivable by attachment, judicial act or similar act of a competent authority that gives rise to such right, if the receivable was assigned, and data about the assignment were registered under section II of this annex, before the commencement of such insolvency proceeding, attachment, judicial act or similar act.

(c) Registration of a notice in the security rights registry with respect to the proceeds or the underlying receivable or

(i) as regards receivables, it is required to separately list the details of receivable management fee, other receivables and advanced payments

The provision represents contributions receivable from Member States for prior bienniums and from new Member States at the balance sheet date.