6. The Advisory Committee discussed the audit assignments with the Audit Operations Committee.

Annual report and audit

Report and Recommendations of the Blue Ribbon Committee on Improving the Effectiveness of Corporate Audit Committees.

Independent Audit Advisory Committee

Independent audit advisory committee

UNICEF considers the existing internal audit procedures for report issuance to be adequate and will ensure that monitoring of those procedures and reporting to the Audit Committee on report issuance is rigorous.

The Committee was informed by the Audit Operations Committee of the Board that the Board would review this report of the Secretary General in conjunction with the next audit of peacekeeping operations.

The new policy required that every audit assignment result in a final audit communication, normally an audit report.

The Committee notes from that report that the independent audit advisory committee would serve in an expert advisory capacity to the General Assembly.

In paragraph 313, the Board recommended that UNICEF review its internal audit procedures and work with the Audit Committee to ensure it significantly improves its report issuance lead time.

Audit of the Committee on Contracts

Audit of the Committee on Contracts

Audit of the Committee on Contracts

Audit report and financial aspects of the Joint Inspection Unit report

Department of Management Report on the audit of the functioning of the Headquarters Committee on Contracts (10) 1 not started

E. Report on internal audit activities in 2004

C Report of the Office of Internal Oversight Services on the audit of the functioning of the Headquarters Committee on Contracts

In paragraph 150 of its report, the Board recommended that UNRWA consider including external members on its Audit and Inspection Committee.

C Report of the Office of Internal Oversight Services on the audit of the functioning of the Headquarters Committee on Contracts

Upon request, the Committee was provided with the intended scope of the investment audit (see annex II to the present report).

Efforts to strengthen the audit functions have been undertaken, including the establishment of an Audit Committee.

OIOS Audit of UNHCR Procurement (Audit report 03 03) of 6 February 2003, paragraphs 25 and 26.

The Chief of UNHCR's Audit Service introduced the report on internal audit in UNHCR for 2004 2005.

The Chairman of the Audit Operations Committee of the Board of Auditors introduced the report of the Board (A 60 5 (Vol. V)).

(a) The Internal Audit Committee should promptly evaluate and resolve any disagreements over audit findings and establish a time frame for the implementation of internal audit recommendations

In paragraph 212 of its report, the Board recommended that UNDP address the shortcomings identified between the Management Review and Oversight Committee and best practices for an audit committee function.

Moreover, in paragraph 54 of that report, the Committee, in accordance with financial regulation 12.7, requested the Board to conduct a follow up audit of its finding on letters of assist in conjunction with its next audit.

(b) Travel expenses related to the newly established Audit Committee

93. The Committee discussed the question of the timing of the submission of audit certificates with the Audit Operations Committee and with representatives of the High Commissioner.

8. The Committee discussed the question of the timing of the submission of audit certificates with the Audit Operations Committee and with representatives of the High Commissioner.

This relationship can be developed by including internal audit observations and recognizing their contributions in the external audit report when appropriate.

During its consideration of the report the Advisory Committee had an exchange of views with representatives of the Secretary General and with the Audit Operations Committee of the Board of Auditors.

Takes note of the report of the Office of Internal Oversight Services on the audit of the functioning of the Headquarters Committee on Contracts 4

(a) Revised terms of reference for the Independent Audit Advisory Committee

The Committee will address, in particular, the questions of biennial audit.

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

2005 19 UNDP, UNFPA and UNOPS report on internal audit and oversight

2. The present report includes the audit results on the policies covering

The survey forms could add value by providing constructive comments on the audit report and the audit process followed by the resident auditor.

46. The Advisory Committee, however, is seriously concerned with the comments made by the Board, in paragraphs 84 87 of its report, regarding the results of the expanded audit requested by the Committee.

In this connection, the Committee recalls that, in its report of 19 October 1998 (A 53 513, para. 24), the Committee had requested the Board of Auditors, during the next audit cycle, to evaluate the effectiveness of the measures taken in the reform process by conducting a horizontal audit of procurement.

The report of auditors for the statutory audit of the 1994 and 1995 financial statements and the audit certificate of the auditors were approved.

UNHCR indicated that, starting in 2005, an annual report of the Oversight Committee to the Executive Committee would constitute an umbrella for the reports submitted for the individual oversight functions (internal audit, inspection, investigation).

UNHCR indicated that, starting in 2005, an annual report of the Oversight Committee to the Executive Committee would constitute an umbrella for the reports submitted for the individual oversight functions (internal audit, inspection, investigation).

It therefore did not constitute an audit committee in line with best practices, although it was a commendable internal forum for audit follow up.