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

Programme Component B.2.2 Internal Audit

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.

The report is divided in two parts, one covering the audit of financial issues and the other the audit of management issues.

This provides an overview of the tools and processes in place to analyse, track and manage external audit recommendations and corporate audit issues at UNDP.

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

The report is divided into two parts, covering the audit of financial issues and management issues, respectively.

C. Audit reports (departments audit subject)

P.O. Box 500 A 1400 Vienna, Austria

Under the cost sharing arrangements, it is estimated that approximately one half of external audit costs are expended on the audit of administrative operations and one half on investment operations.

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.

The report is divided into two parts, covering the audit of the financial issues and management issues, respectively.

The report is divided into two parts, covering the audit of the financial issues and management issues, respectively.

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.

External audit

Internal audit

Headquarters audits

Considering that the Tribunal has no internal audit service, the request for quotation included a provision for an interim audit every two years, i.e., in 2005 and 2007.

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

The Fund apos s external auditors had indicated that the allocation of audit costs between the Fund apos s administrative and investment areas was approximately on a 50 50 basis, taking into account the audit staff assigned to the respective areas.

External auditors

Internal auditors

The audits of Treasury and the relevant specialist areas have been included in the 2005 audit plan of the Internal Audit Section of the Office of Audit and Performance Reviews.

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

Internal audit ratings

Internal Audit Divisions

External audit costs.

If the 50 50 ratio were also to apply to the internal audits, the United Nations would reimburse the administrative budget of the Fund one third of 50 per cent of the total audit costs, internal and external.

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

The Third Ministerial Conference will comprise a senior officials segment to finalize the documents for consideration by ministers and a ministerial segment to consider policy issues, endorse the strategy, action plan and ministerial declaration and consider other relevant matters.

The audit committee should play a role in establishing a policy on purchasing non audit services from the external auditor this policy should be disclosed along with an explanation or assessment of how this policy sufficiently ensures the independence of the external auditor (FEE, 2003a).

To enable the Board to carry out its mandate through the integration of audit planning, execution and reporting and to enhance the development of common audit standards and professional practices, an Audit Operations Committee was established comprising three full time Directors of External Audit, located at Headquarters, representing each member of the Board.

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).

(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

Table II.24 Movements of the support account for peacekeeping operations

Internal audit function

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.

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

IIA standards require that internal auditors should make adequate use of technology based audit techniques to enable them, inter alia, to perform manually intensive tasks more economically and efficiently.

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.

The internal auditor continually reviews the accounting and control systems.

Table 1

Table 1 Internal audit ratings

(c) UNMIL it was evident that fuel had been stolen by members of contingents.

B. Review of arrangements for internal audits of the