His delegation regarded the bodies comprising the tripartite oversight mechanism, namely, the Board of Auditors, the Office of Internal Oversight Services and JIU, as complementary.

22. Also stresses the importance of oversight with respect to the development and implementation of the capital master plan, and requests the Board of Auditors and all other relevant oversight bodies to initiate immediate oversight activities and to report annually thereon to the General Assembly

UNU has solicited the advice of the Board of Auditors and the Office of Internal Oversight Services on this issue.

Such invitees may include representatives of the United Nations Board of Auditors and the Under Secretary General for Internal Oversight Services.

These structures may include committees or groups to which the board has assigned duties regarding the oversight of executive remuneration, audit matters, appointments to the board, and the evaluation of management performance.

These would include making recommendations on the resource requirements of the various oversight bodies assessment of the efforts of the Office of Internal Oversight Services, the Board of Auditors and JIU to strengthen the Organization's internal controls and the identification of possible gaps in the United Nations oversight coverage.

In paragraph 332, the Board recommended that UNICEF achieve greater interchangeability among Deputy Executive Directors, in particular regarding the oversight of Divisions.

Those improvements included possible reconstitution of the Board to include donor representation or, alternatively, replacing the Board with a consultative committee, thereby ensuring that the Institute's primary oversight and fund raising functions would be effectively carried out.

As in previous years, a tripartite meeting was held with the Office of Internal Oversight Services and the Board of Auditors of the United Nations.

UNHCR's internal audit plan is developed in close consultation with management, the Oversight Committee, the Inspector General's Office and the United Nations Board of Auditors.

35. Stresses the importance of oversight with respect to the implementation of the capital master plan, and requests the Board of Auditors and all other relevant oversight bodies to continue to report to the General Assembly annually on the capital master plan

14. Reaffirms the importance of oversight with respect to the implementation of the capital master plan, and requests the Board of Auditors and all other relevant oversight bodies to continue to report to the General Assembly annually on the capital master plan

The IMF s Executive Board, which consists exclusively of representatives of member countries, currently runs the Fund s daily business. The Board thus does not perform oversight functions, but rather serves essentially as an extended Management Board, which delegates the execution of its decisions to the Managing Director and the staff.

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.

At the United Nations, there are three main bodies that provide this function, namely, the Board of Auditors, the Office of Internal Oversight Services and JIU.

(iv) Define the functions required within each committee, board and management and inter agency body and their respective roles and responsibilities within the governance and oversight machinery

(g) Formulation of administrative responses and monitoring of follow up to the reports of various oversight bodies, such as the Board of Auditors, the Joint Inspection Unit

Owing to the high priority given to the implementation of all the approved recommendations of the Board of Auditors and the other oversight bodies, efforts have been intensified by the Secretariat to ensure that the recommendations of the other oversight bodies, the Office of Internal Oversight Services and JIU also have responsible office holders assigned and time frames defined for their implementation.

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.

In paragraph 83, the Board further recommended that the Tribunal, in consultation with the Office of Internal Oversight Services, investigate contracts that may have been awarded under similar circumstances.

In paragraph 126, the Board recommended that UNCC and the Office of Internal Oversight Services conduct a joint risk assessment so that a proper audit plan could be developed.

1. Takes note of the report of the Joint Inspection Unit entitled Enhancing governance oversight role structure, working methods and practices on handling oversight reports See A 57 58. and the comments of the United Nations System Chief Executives Board for Coordination thereon See A 57 58 Add.1.

Facilitating and servicing the successor to the Task Force, the management oversight board and regional and thematic platforms and networks, encouraging policy development and reviews, and supporting cooperation among members

In paragraph 212 of its report, the Board recommended that UNDP address the shortcomings identified between the Management Review and Oversight Committee and best practices for an audit committee function.

The Office of Internal Oversight Services further informed the Board that after 22 December 2004, preliminary discussions had covered the possibility of conducting a joint lessons learned exercise with UNCC.

UNFPA also addressed audit issues in the annual report on internal audit and oversight activities in 2004 (DP FPA 2005 9), submitted to the annual session 2005 of the Executive Board.

The report will also examine whether reviews should be undertaken of existing oversight bodies (the Office of Internal Oversight Services, the Advisory Committee on Administrative and Budgetary Questions (ACABQ), the International Civil Service Commission (ICSC), the JIU and the Board of Auditors) and, if so, who should be empowered to undertake such reviews.

Oversight Committee

Internal oversight

Oversight lacunae

Internal oversight

Internal oversight

Internal oversight

Internal oversight

Enhancing governance oversight role structure, working methods and practices on handling oversight reports

These oversight mechanisms were referred to as either audit committees or oversight committees.

It would also be responsible for assessing the efforts of the Office and the Board of Auditors to strengthen the Organization's internal controls and for identifying possible gaps in United Nations oversight coverage.

The amount of 1,657,900 covers the estimated requirements for external audit ( 462,400) as requested by the Board of Auditors, and for internal audit ( 1,195,500) as requested by the Office of Internal Oversight Services.

We agree that the Office of Internal Oversight Services should provide internal oversight services for small United Nations agencies with insufficient current oversight capacity.

A high level policy board will provide strategic guidance and policy oversight to ensure that learning is strategically linked to corporate objectives and is effective in helping reach the organizational targets of this plan.

The provision under audit costs reflected a reduction in the costs of both external and internal audit, reflecting the resource levels recommended by the Board of Auditors and the Office of Internal Oversight Services.

A provision of 600,000 is made for auditing, investigation and oversight services provided by OIOS, as well as the reimbursement of costs incurred by the Board of Auditors for auditing the Fund of UNDCP.

The Board is glad to report that, in the matter of implementation of recommendations as well as in other areas, synergy has continued to be fully achieved with the Office of Internal Oversight Services.

Management and oversight

Governance and oversight