Internal audit is conducted by a dedicated UNHCR Audit Service, which forms part of Internal Audit Division II that is headquartered at Geneva.

Internal audit

(ii) Audits facilitation of internal and external audits and follow up on the implementation of audit recommendations

Internal auditors

Article 20 The compliance department of an insurance company shall be managed separately from the internal auditing department and be under the independent audit conducted on a regular basis by the latter.

Internal audit ratings

Internal Audit Divisions

The internal auditing department shall inform the compliance department of the auditing situation and conclusion upon completion of the internal auditing, while the latter may, in light of the compliance risk monitoring situation, take the initiative to propose suggestions to the former.

Internal audit function

One D 1 post would be redeployed from Internal Audit in New York to Internal Audit in Geneva to strengthen audit operations handled from the Geneva office.

Programme Component B.2.2 Internal Audit

Table 1

Table 1 Internal audit ratings

Internal services prepare audit plans for discussion with internal and external auditors (2 in 1997) prepare missions of internal and external auditors (4 in 1997) and follow up and facilitate the implementation of audit recommendations (3 in 1997).

To ensure an effective internal audit mechanism, the Coordination Council has adopted a Charter for Internal Audit.

Subprogramme 1

Internal audit and oversight

(a) Self assessed monitoring of programme and organizational performance according to the UNCDF SRF, reported to the Executive Board through the UNCDF results oriented annual report (ROAR)

The recommendations of the United Nations Board of Auditors and the internal auditor are reviewed by the Management.

The office of the Director also coordinates the reviews of the internal and external audit functions and ensures the implementation of audit recommendations.

B. Review of arrangements for internal audits of the

Item 13 Internal audit and oversight

(c) Audit costs, which cover both internal and external audit costs in both the administrative and investment areas.

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.

78. Management can also use its internal audit unit to help monitor the effectiveness of internal controls.

74. Management often establishes an internal audit unit as part of its internal control structure.

E. Report on internal audit activities in 2004

The UNHCR Internal Audit Service Office of Internal Oversight Services conducted a review of the UNHCR implementing partners' audit certification of subprojects for the year 2004.

The internal auditor continually reviews the accounting and control systems.

(d) Enhancement of the external audit functions of the Fund and expansion of the Fund's internal audit coverage

In 1996, some Board members expressed the view that the Fund would benefit most from internal audits that were carried out by an internal audit section established within the Fund secretariat however, the Board decided to maintain the assignment of the internal audit function to OIOS.

Internal audit and corporate risk management

HIGH COMMISSIONER'S PROGRAMME

The internal audit section continues to monitor the implementation of recommendations and the follow up action of the geographic divisions in regard to the implementation of internal audit recommendations.

Internal and external auditors of the United Nations will be requested to audit the use and management of the Fund on an annual basis.

In addition, article 109 of this law sets forth the obligation to designate internal auditors within banks.

He also welcomed the proposed strengthening of the internal audit function in the Office of Internal Oversight Services.

Programme B.2 Comptroller General, Internal Audit and Evaluation Services

(a) Reviewing the strategy and workplans of internal and, in some organizations, external audit and discussing the scope and content of their audits so as to identify audit priorities and suggesting potential audit areas within which to address the organization's risks

The total audit costs for the biennium 1998 1999 amounted to 924,300, of which 527,100 was for internal audits and 397,200 for external audits.

(on the Board of Auditors and the Office of Internal Oversight Services)

The work of the Internal Oversight Group is focused on the activities normally associated with internal auditing.

Programme B.2 Comptroller General, Internal Audit and Evaluation Services 34

The working group fully supported the resources requested for external audit ( 479,900) and internal audit ( 1,240,700).

Provide input on technical matters to internal and external project audits and follow up to audit reports