for the 12 month period from 1 July 2004 to 30 June 2005

The Government of the Netherlands provides financial assistance to the Special Representative to fulfil his task.

Delegations generally accepted the proposed changes to the financial regulations.

The representative of Egypt, in his capacity as coordinator of agenda item 121 (Financial reports and audited financial statements, and reports of the Board of Auditors) made a statement.

The financial statements for the United Nations escrow account are issued on a six month basis.

Schedules to the financial statements

Concern was expressed that consideration of financial aspects of peacekeeping should remain the responsibility of the Assembly.

Statistical and financial information tables

(v) notes to the financial statements.

on the Financial Reports and Audited Financial Statements,

His delegation attached great importance to strengthening the Organization's financial situation.

The Controller of the United Nations has requested that the following information be brought to the attention of the delegations of the Commission

can either be included in those financial statements, in the notes to the financial statements or, in certain cases, in a section of the report outside the financial statements themselves.

The Finance Branch continues to work with the UNFPA representatives to identify and financially close operationally completed projects.

a As per schedule 1.1 of the financial statements.

10. The financial statements are supported by six schedules.

Delegations noted that UNFPA had gone from a qualified opinion to an unqualified opinion by the Board of Auditors on its financial statements, signalling improvements in financial management.

Recognizing the potential of Atlas to improve financial management, delegations expressed concern that implementation was long, incurring large financial and human resource costs.

Financial statements

In addition, the two staff officers for food had no specific qualifications for food supply.

(d) To coordinate its activities with the Ssecretariats of other relevant international bodies and conventions

Presentation of financial statements

Notes to the financial statements 4 May 1998

Notes to the financial statements

1. Financial statements . 12 19

F. NOTES Notes to the financial statements

Accounts for the year 1997

Financial information used elsewhere is consistent with that in the financial statements.

Mr. Frydenlund (Norway), Rapporteur of the Working Group on Financing of UNRWA, presented the report of the Working Group (A 59 442), expressing concern at the steadily deteriorating humanitarian situation in the occupied Palestinian territory, at the increasingly difficult conditions under which the Agency was working and at the lack of international response to the calls for emergency relief assistance.

In 1997, the Fund had provided financial assistance to a total of 27 indigenous representatives for that purpose.

Expressing concern about the financial instability of the Office of the Special Representative and its adverse impact on the implementation of the mandate,

Almost all corporate governance codes describe the basic responsibility of the board for reviewing financial statements, approving them, and then submitting them to shareholders.

Taking into account the views expressed by delegations and the Board of Auditors during the debate in the Fifth Committee on the financial reports and audited financial statements and the reports of the Board of Auditors on the aforementioned organizations,See Official Records of the General Assembly, Fifty second Session, Fifth Committee, 27th, 29th and 30th meetings (A C.5 52 SR.27, 29 and 30), and corrigendum.

Table 15 Financial resource requirements

Board of Auditors

The financial statements shall include

Table 16. Financial position, 1998 1999

Notes to the financial statements

IV. Certification of the financial statements

IV. Certification of the financial statements

F. NOTES TO THE FINANCIAL STATEMENTS

A. Financial statements and audit . 80 89 20

The financial report includes the statement of income and expenditures (Statement 1), the statement of assets, Liabilities (Statement 2), the Notes to the Financial Statements, and Annex I (exhibit V).

(e) An expression of opinion on the financial statements as to whether

Therefore, the working group will comprise representatives of budget, finance and human resources management.