Internal control

Internal control and risk management

(a) Enterprise risk management and internal control framework

1 Having healthy corporate governance and effective internal control

(b) Reviewing risk management and the internal control system

It is employing the report on the internal control framework of the Committee of Sponsoring Organizations of the Treadway Commission as a basis for establishing its own internal control framework.

In addition, UNDP contracted a consulting firm, through competitive bidding, to review control issues in the internal control framework.

(d) Effective and efficient systems of risk management and internal control and

The board should report on internal control systems designed to mitigate risks.

Food control using hazard analysis critical control points (HACCP) is employed only by a number of laboratories in terms of internal control during technological process.

Only a few laboratories carry out food control under HACCP as a form of internal control during the technological process.

Objective 3. Update the Unit's operational, cash management treasury and internal control procedures.

Article 8 The accounting firm that undertakes the auditing work of the annual financial statement of the Company shall test and evaluate the internal control of the Company and produce an internal control evaluation report.

The lack of an adequate internal control environment is primarily due to resource constraints.

Discussion Paper on Risk Management and Internal Control in the EU. European Federation of Accountants.

Within this group are recommendations that relate to financial management (14) and internal control management (five).

UNFPA plans to review globally its internal control framework according to standards prevailing in the industry.

Article 85 The Company shall make brief comments on the effectiveness of the internal control concerned in financial statements, and give a brief introduction to the comments and opinions of certified public accountants on its internal control situation during the reporting period.

Article 49 The Company shall make self evaluation on the integrity, reasonability and effectiveness of its internal control system, and present brief introduction to the auditing opinions of certified public accountants on its internal control system, the explanation thereon given by the Company and corresponding measures for improvement as well as information about the rectification of problems presented in the last self evaluation or internal control evaluation report.

Article 27 A securities firm should establish and complete risk management and internal control system to prevent and control the risk in the principle of prudent operation.

The internal control systems and financial records are subject to reviews by the Office of Internal Oversight Services and the United Nations Board of Auditors during their respective audits.

The report shall objectively evaluate the integrity, reasonability and effectiveness of the internal control in relation to the financial statements of the Company, set forth corresponding suggestions for improvement, and give express opinions on whether there are big defects in the internal control of the Company.

The annual report of the securities firm shall include the internal control review report issued by the accounting firm.

The Board notes that UNOPS has not developed a comprehensive internal control framework that covers all modules of Atlas.

Furthermore, to keep operating expenditures under control UNOPS must reorganize its internal operations and restructure its cost base in 2006.

Institute of Chartered Accountants in England and Wales (1999). Internal Control Guidance for Directors on the Combined Code (Turnbull Report).

Many of the Fund's key policies, such as internal control and quality management, have been implemented and maintained in Operations.

(c) To review the systems of internal control and risk management and compliance with those systems and with policies and regulations

(m) Review the United Nations system of internal control, including financial, operational, compliance controls and evaluate the effectiveness of risk management

The possibility for obtaining greater internal control is imminent with the consultative poll on the proposed constitution set for May 2005.

UNOPS has implemented internal control procedures to ensure that project budgets are approved in Atlas before the funds can be used.

(j) Consider with the United Nations Board of Auditors and the Under Secretary General for Internal Oversight Services the internal audit programme and any significant findings, including fraud, illegal acts, deficiencies in internal control or similar issues and review management's responsiveness to the auditors' findings and recommendations

In addition, the UNFPA Finance Branch has prepared an internal control framework that UNFPA senior management will review, for finalization in 2005.

In addition, in August 2005, the Secretary General commissioned a full financial and internal control review of the United Nations current procurement system.

Stresses the importance of adequate follow up to the recommendations by the United Nations Board of Auditors, in particular in improving internal management control

The operators shall carry out internal financial control and assistant the investors, the board of supervisors and the intermediary organs to make inspections and audits.

Stresses the importance of adequate follow up to the recommendations by the United Nations Board of Auditors, in particular in improving internal management control and

The internal control systems and financial records are subject to reviews by the Office of the Comptroller General and the External Auditor during their respective audits.

29.4 The overall purpose of the programme is to enhance effectiveness in the implementation of all programmes through continually improved internal control mechanisms within the Organization.

We request the Secretary General to commission an evaluation of the entire internal control environment of the United Nations, including the roles and responsibilities of management, internal oversight, the external Board of Auditors and the Joint Inspection Unit, in order to determine how to strengthen the Office of Internal Oversight Services and the entire oversight system.

Article 12 When a securities firm is set up, its business scope should align with its financial performance, internal control system, regulatory compliance system and human resources

Earlier, a number of worrying incidents had underscored the imperative need and urgency for the Palestinian Authority to assert its control and end violence and internal unrest.

The Ministry of Finance should be strengthened with international assistance in the form of qualified manpower in the areas of revenue generation, accounting, internal audit and expenditure control.

The Programme aims to follow the best practices in financial management, including transparent, cost effective and sound internal control of all financial resources in the field and at Headquarters.

Article 23 An enterprise shall set up an internal fund al control system, clarify the conditions, power limits and procedures of fund al to raise, use and manage funds uniformly.