Annual report and audit

Audit planning should be improved.

(ii) Annual audit plan, budget and staffing

By implementing the new reporting method, the post will ensure consistency in the review and drafting of audit reports. The incumbent will participate in the annual audit planning process and will monitor the implementation of audit assignments.

UNFPA also addressed audit issues in the annual report on internal audit and oversight activities in 2004 (DP FPA 2005 9), submitted to the annual session 2005 of the Executive Board.

It also requires annual information exchanges on defense planning and budgets.

In particular, it noted deficiencies in audit planning, the standard of audit work and limitations in the professional resources available to the Unit.

The Board is planning to widen its audit coverage at the State Oil Marketing organization.

At the operational level, the Office of Audit and Performance Review has already started adopting a preliminary risk based audit planning methodology with the purpose of improving the country office audit coverage (para.

More serious is the Republicans proposal for an annual audit of the United States Federal Reserve.

Also, the Office of Audit and Performance Review has been reviewing its audit planning methodology with a view to adopting a more formal risk based approach.

As noted in previous annual reports, each audit report is made up of a series of observations .

The Board apos s previous report mentioned the poor involvement of UNFPA senior management in the audit planning.

(a) To facilitate the medium term strategic and annual operational planning of the Commission's work

The Auditor General should also conduct an audit of the annual accounts of major revenue generating parastatals every year.

An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the annual financial statements.

A summary audit report on the accuracy and completeness of country office annual reports was issued in November 2004.

Finally, the Group agreed with the Advisory Committee that the oversight bodies' coordination and collaboration in the planning of audit activities was positive and would promote optimal use of audit resources, complementarity of efforts and wider coverage of audit areas.

For planning, UNHCR implements its annual programme budget, based on country operations plans and headquarters plans.

The Organization also participated in the planning of the 56th Annual DPI NGO Conference and attended all the annual DPI NGO Conferences during the review period.

Activities included the development of gender strategies, gender audit and budget methodologies, mainstreaming gender in planning processes and reviewing legislation.

In conclusion, the African Group was encouraged by the collaboration between the oversight bodies in the planning of audit activities.

24. The provision of 23,600 reflects resources redeployed from the Internal Audit Division and the Programme Planning and Budget Division.

The annual management plan and the audit plan were reviewed by the Audit Committee at the outset of the year and progress was monitored at each meeting of the Committee throughout the year.

The audit also found that the annual helicopter hours allowed under a new contract for air operations exceeded the Mission's requirements.

Improvements involve better documentation of internal controls, follow up on audit recommendations, whether external or internal, review of the staffing of the Division responsible for internal audits, and better planning of audit coverage.

Each of the practice groups in BDP has undertaken rigorous annual work planning the group plans, which include budgets, outputs and delivery dates, will generate comprehensive annual reports.

9. Takes note also of paragraph 63 of the annual report, relating to the audit of the non governmental organization accreditation process

Compliance by country offices with national execution and non governmental organization audit requirements is reflected in the annual performance evaluation of UNFPA Representatives.

If not resolved, this issue will create a major impediment to the proper planning and execution of audit assignments, particularly for field audits.

A key change had been the adoption of a risk assessment methodology in the audit planning process. A concerted effort had been made when developing the 2005 audit workplan to implement the risk methodology in all missions.

Internal and external auditors of the United Nations will be requested to audit the use and management of the Fund on an annual basis.

We conducted our audit of the annual financial statements in accordance with section 317 of the German Commercial Code and the German generally accepted standards for the audit of the financial statements promulgated by the Institut der Wirtschaftsprüfer (IDW).

63. To ensure that ITC receives an internal audit service commensurate with the post they finance, the Board recommends that ITC and the Internal Audit Division agree on an annual work plan, timetable and budget specifically for the organization.

Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the annual financial statements are free of material misstatements.

Audit procedures and results of the additional audit scope

My team conducted a strategic planning visit during November 2004 aimed at developing the audit strategy for the biennium, and performed the detailed planning in order to update their knowledge of the organisation's business and related systems.

33. The first step in the energy conservation process is an energy audit, since planning and accurate measurements are the key to successful energy management.

Internal audit

Audit Recommendations

Audit opinion

Audit process

Internal audit

Audit opinion

External audit