In fact, the architect of our national accounting system, Simon Kuznets, in the 1930s, said that, A nation's welfare can scarcely be inferred from their national income.

In paragraph 114 of its report, the Board recommended that UNICEF harmonize the accounting methods for fund raising income of the National Committees.

Support related accounting systems modifications in National Committees.

(d) Income, expenditure, assets and liabilities are recognized on the accrual basis of accounting

(d) Income, expenditure, assets and liabilities are recognized on the accrual basis of accounting.

2. Review the present method of recognition of income so that its accounting policies and practices follow the United Nations Accounting Standards (para. 16).

3 Before entering the listed company, it has independent accounting, or though it does not have independent accounting, all the income and expenses related to its business can be clearly separated in accounting

Recommendation 1. Review the present method of recognition of income so that UNHCR accounting policies and practices follow the United Nations accounting standards (para. 16).

(a) Review the present method of recognition of income so that its accounting policies and practices follow the United Nations System Accounting Standards (para. 16)

(d) Generally, income, expenditure, assets and liabilities are recognized on the accrual basis of accounting.

Note 6. Income from accounting services to the Programme of Assistance to the Palestinian People

(d) The income, expenditure, assets and liabilities are recognized on the accrual basis of accounting

Gross disposable national income

(a) The Administration should review the present method of recognition of income so that its accounting policies and practices follow the United Nations System Accounting Standards

(d) Generally, income, expenditure, assets and liabilities are recognized on the accrual basis of accounting, although for assessed income see paragraph (j) (ii) below.

Having two income recognition rules will add unnecessarily to the complexity of UNHCR internal accounting procedures.

This perspective (funds available) is different from the perspective of income and expenditure based on accrual accounting.

This perspective (funds available) is different from the perspective of income and expenditure based on accrual accounting.

(h) The income and expenditures and assets and liabilities are recognized on the accrual basis of accounting.

(g) The income and expenditure and assets and liabilities are recognized on the accrual basis of accounting

(a) Examination of national standards and regulations for environmental financial accounting

(a) In liaison with United Nations Headquarters, review the accounting treatment of deferred charges and deferred income to ensure that it is consistent with best accounting practice (para. 13)

12. The Agency recognizes income from contributions (about 95 per cent of its total income) on cash basis of accounting consequently, contributions are recorded as income only upon receipt and not when due.

(a) Estimates of gross national income

They significantly contributed to National Income.

Having two income recognition rules will add unnecessarily to the complexity of UNHCR apos s internal accounting procedures.

ITC, in liaison with United Nations Headquarters, should review the accounting treatment of deferred charges and deferred income to ensure that it is consistent with best accounting practice (para. 13).

(i) Use of gross national product instead of net national income

Consistent with prudent accounting principles, these pledges will be recognized as income in 2005 and have not been accounted for in the 2004 financial statements as deferred income.

UNHCR is also of the opinion that the generally accepted accounting principles and international accounting standards do not distinguish as to the purpose of a contribution for its recognition as income.

(31) As regards income tax expenses, it is required to make disclosure of the composition of income tax expenses (proceeds), including current income tax and deferred income tax it is also required to make disclosure of the relations between income tax expenses (proceeds) and accounting profits.

43. The current low per capita income adjustment involves a reduction of assessable national income for those countries whose per capita national income is below the agreed threshold.

Corporate income in the EU is currently taxed under widely divergent national rules, based on separate accounting (SA) of income earned in each country. Cross border intra company transactions are accounted for according to market prices for similar transactions the so called arm s length principle (ALP).

C. Income distribution at the national level

2. One of the fundamental accounting assumptions contained in the general framework of the United Nations accounting standards is that an accrual basis of accounting for revenue is used, i.e., income is recognized when it is due and not when it is received.

One of the fundamental accounting assumptions contained in the general framework of the United Nations Accounting Standards (UNAS) is that an accrual basis of accounting for revenue is used, i.e. income is recognized when it is due and not when it is received.

16. The Board recommends that the Administration review the present method of recognition of income so that its accounting policies and practices follow the United Nations System Accounting Standards. Non expendable property

Consistent with prudent accounting principles, these pledges will be recognized as income in 2005 and have not been accounted for in the financial statements of 2004 as deferred income.

Some maintain that household income accounting is simpler at the lowest income levels, while at the higher levels it is more difficult because of the complexity and tax avoidance.

And so our national accounting system became fixated on what we can produce.

During the course of 1996 and 1997, the UNCTAD secretariat reviewed national accounting standards, regulations and guidance on accounting and reporting for environmental costs and liabilities.

Middle income countries can and should increase national investments.

II. INCOME DISTRIBUTION AT THE INTERNATIONAL AND NATIONAL LEVELS

Good accounting practice requires income to be recognized when it can be measured reliably and it has a sufficient degree of certainty.

(ii) Environmental accounting examination of national standards and regulations for environmental financial accounting, and identification of key environmental performance indicators and their relation to financial performance (Intergovernmental Working Group of Experts on International Standards of Accounting and Reporting)