Pledges received for future years are recorded as deferred income

Pledges are recorded as deferred income on the basis of a written commitment by a prospective donor to pay a monetary contribution at a specific time or times.

Funds received for future years for purposes specified by donors are considered deferred income and recorded as contributions received in advance .

Income, deferred

Pledges received for future years for purposes specified by donors are considered deferred income and recorded as pledged and received in advance .

Deferred retirement benefit

Deferred chargesc

(m) Deferred charges.

Deferred income consists of contributions received in advance for future periods and included the following (in United States dollars)

Note 4. Deferred charges

Note 13. Deferred income

Deferred credits and other liabilities

The response to a request could involve referral to IOMC organizations referral to other international or regional agencies referral to donor countries and or or direct provision of advice on the problem posed.

Other receivables and deferred charges

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.

Note 9. Accounts receivable and deferred charges

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.

(h) Deferred income Deferred income as at 31 December 1997 and 1995, in millions of United States dollars, is shown in statement V

(k) Deferred charges shown under other assets

The Executive Secretary made known his strong concern at the delays in contributions to the core budget for the current biennium, including from some major contributors, and also appealed for further contributions to the Trust Fund for Participation in time for COP 3.

The Administration stated that the delays had been its major concern, given its heavy reliance on donor contributions.

Where appropriate, messages received from donor countries have been communicated back to the affected developing country Parties concerned.

24. Notes, in this context, the contributions of private sources, which can supplement but cannot substitute for contributions of Governments, to finance or extend programmes implemented within existing guidelines of United Nations funds and programmes

Moreover, as general purpose pledges are currently paid by only few donor countries, cash flow problems may arise should a major contributor reduce or delay its payments (A 51 5 Add.9, para. 6).

(iii) Deferred income includes pledged contributions for future periods, advance sales realized under revenue producing activities and other income received but not yet earned

(18) As regards deferred income tax assets liabilities, it is required to list the beginning balance and ending balance in the account book of the confirmed deferred income tax assets liabilities item by item, and list the deductible temporary variance and deductible losses of unconfirmed deferred income tax assets.

(b) The deferred charges shown in statements III, IV, V.1, V.2 and VII.1 represent education grant advances as follows (in United States dollars)

(b) The deferred charges shown in statements II and VI represent education grant advances and other prepaid expenses, as follows (in United States dollars)

ITC has been in consultation with the Accounts Division of the Office of Programme Planning, Budget and Accounts at United Nations Headquarters on the accounting treatment of deferred charges and deferred income for financial reporting.

Donors who have pledged resources in support of the RFTF should as a matter of priority redeem their pledges to avoid crippling delays in the implementation of the time based transitional reconstruction programme.

(e) Deferred charges The totals below provide a comparison of the amounts shown in statement V as deferred charges, in millions of United States dollars, as at 31 December 1997 and 1995

The strategy continues to focus on best industry practices related to donor recruitment and successive upgrading, with the objective of maximizing donor life time value .

, or had commuted a deferred retirement benefit under article 30 (c) .

(a) To apply cost of living adjustments to deferred retirement benefits as from age 50

Contributions in kind were classified either as budgetary or extrabudgetary.

In the 2004 05 period, provisions reflected the application of a 5 per cent delayed recruitment factor.

At the end of 1997, these deferred charges had been reduced to 113,619.

Special purpose contributions are recorded as income when received. For special purpose contributions received in advance, income is deferred to future periods as otherwise their exceptional size and nature would materially distort operational results and fund balances.

New donors are encouraged to contribute for the first time, and former donors are encouraged to contribute on a regular basis and, if possible, to increase their contributions.

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).

Community involvement has a special significance it builds the capacity of local peoples, prolonging the effects of donor assistance beyond the period of external support.

On budgetary contributions, he stated that delays in contributions might warrant consideration by the SBI later in the year and, if the status of contributions remained unsatisfactory, by the Conference of the Parties (COP).

(top ten participants)

Voluntary and trust fund contributions

So, our first year of marriage we went to 11 percent, second year we went to 12 percent, and the third year we went to 13 percent, and on and on and on. Why did I do that?