As a result of the work done, no significant matter came to our attention.

The Board conducted not only financial statement audits but also operational and compliance audits.

Agreement had been reached between MINUSTAH and UNDP Haiti on the integration of law programmes and the modalities were being worked out.

A structural revision of the tax system is under way, the goal being to simplify and reduce the number of the rates, identify taxpayers and streamline administrative procedures.

26. The Administration assured the Board that it is presently reviewing the accounting procedures and financial reporting of contributions in kind.

UNICEF is reviewing alternative audit options with the objective of allocating audit resources to strategically important business units.

Buffet said that he too was under IRS audit and Trump is afraid not of the tax collection agency but of voters.

Many States require an official inspection or audit of charities that seek tax exemptions or government grants the Monitoring Team recommends that this obligation be extended to all charities.

During the Board's audit, both the Office of Internal Oversight Services and the Joint Inspection Unit were in the process of performing reviews and inspections at the Department of Peacekeeping Operations.

89. During the period under review, the Audit and Management Consulting Division began 118 audit assignments as follows

As indicated to the Advisory Committee by the Audit Operations Committee of the Board of Auditors, the Board intends to review this issue in the course of the next audit of peacekeeping operations.

To ensure compliance with the International Standards for the Professional Practice of Internal Auditing, an internal quality assessment of the UNHCR Audit Service is being conducted in 2005.

3. Status of ongoing audits requested by the General Assembly

Following a review of the requirements and the preliminary assessment of the scope of work for the execution of the comprehensive management audit of the Department of Peacekeeping Operations, the Office of Internal Oversight Services plans to include the audits of the supply chain management and construction engineering projects within the requested comprehensive management audit.

3. In addition to its audit of the accounts and financial transactions, the Board carried out reviews under article 12.5 of the United Nations Financial Regulations.

The review is in progress, and it is geared to the consideration of the matter by the International Civil Service Commission.

In paragraph 79, the Board recommended that the audit report database for nationally executed expenditure be comprehensively updated and maintained so that the financial impact of the modified audit opinions can be quantified.

It was the Committee s understanding that an audit of the Trust Fund would be carried out by the Board of Auditors in the normal course of the Board s overall audit of all trust funds, and that no separate audit would be undertaken for this Fund.

For instance, he was informed about tax audits conducted in August and September 1996 which affected an unusually high number of independent or opposition weekly newspapers.

The Office of Internal Oversight Services also plans to postpone to the fiscal period 2006 07 three field mission audits to be carried out by resident auditors, as the individuals will be actively involved in the completion of the comprehensive management audit at United Nations Headquarters.

5. The cost accounting study being conducted is based on a review of the various conference services functions and the formal and informal information systems currently in place.

Calculating formula of import duties is import duties customs value x import tariff rate

The OECD is also examining the relationship of electronic commerce to questions of taxation.

The current accounting system and procedures are under central review by United Nations Headquarters.

Those standards require that we plan and perform the audit such that misstatements materially affecting the presentation of the net assets, financial position and results of operations in the annual financial statements in accordance with principles of proper accounting are detected with reasonable assurance.

There will also be a review of customs duties.

The plan applies a risk assessment formula to the entire universe of United Nations entities to be audited by OIOS, and also ensures that all parts of the Organization are normally audited on a cycle of no more than four years, with high risk operations being audited more frequently.

The cumulative time required for the completion of trials that are presently in progress is 837 trial days.

FDA remains in place, auditing concessionaires' forestry practices and tax assessments.

example, encompass cooperation with the tax authorities of host countries and the provision of appropriate accounting data and tax reconciliation records for tax inspections when required (UNCTAD 2003).

The present report provides a brief account of the Centre apos s ongoing and planned evaluation activities within the framework of this programme.

The cumulative time required for the completion of trials that are presently in progress is 1,046 trial days.

The Board will keep this matter under review in its future audits.

A proper financial audit is needed to ensure transparency.

4. In addition to the audit of accounts and financial transactions, the Board carried out reviews under article 12.5 of the Financial Regulations of the United Nations.

A management organization would assume authority and (a) audit the concessionaires (b) audit FDA (c) collect revenues and pay taxes to the Central Bank and (d) complete reporting (in part to facilitate oversight by civil society).

Such an exercise would also require examining the pensionability of expatriate elements in the remuneration system.

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 addition to the periodic reviews that are being conducted, an increase is envisaged in the frequency of follow ups with agencies through the substantive departments and offices of the Secretariat.

Accordingly, special attention was given to the procurement operations in the audits conducted subsequently.

An audit of the Coordinating Unit for the Mediterranean Action Plan conducted in Athens, Greece, highlighted the need to improve existing contractual arrangements for various services.

The audit included a general review of financial systems and internal controls and a test examination of accounting records and other supporting evidence, to the extent the Board considered necessary to form an opinion on the financial statements.

These standards require that the Board plan and perform the audit to obtain reasonable assurance as to whether the financial statements are free of material misstatement.

4. In addition to the audit of the accounts and financial transactions, the Board carried out reviews under article 12.5 of the Financial Regulations of the United Nations.

UNICEF is participating in the ongoing inter agency review of the medical insurance plan.