Independent Audit Advisory Committee

Independent audit advisory committee

The Independent Audit Advisory Committee serves in an expert advisory capacity to the General Assembly.

Provisional terms of reference for the independent audit advisory committee

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

Strengthening the functions of internal audit, evaluation, investigation and management advisory service in missions

The functions of internal audit, evaluation, investigation and management advisory service in missions should be strengthened

It is therefore proposed that the formal title be the Independent Audit Advisory Committee.

Provisional terms of reference for the Independent Audit Advisory Committee to the United Nations

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.

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

The Advisory Committee was informed that the Board was currently reviewing the estimated audit costs of the field missions and Headquarters activities to reflect the planned expanded audit coverage for 1994 1995.

(c) The establishment of an Independent Audit Advisory Committee and its mandate, composition, selection process and qualification of experts, as proposed above.

Accordingly, the Advisory Committee considered the audit assignments of the Board and had an extensive exchange of views on the subject.

Taking this into account, the Advisory Committee recommends, at this stage, that the audit function be provided through audit teams that should visit the Mission from time to time.

I.13 The Advisory Committee requested information concerning the resources spent on outside expertise relating to audit assignments.

Commensurate with support resources allocated to it, the Audit and Compliance Division will increase its audit coverage of extrabudgetary activities to meet the concern expressed by the General Assembly and the Advisory Committee on Administrative and Budgetary Questions.

Audit procedures and results of the additional audit scope

Ethics office comprehensive review of governance arrangements, including an independent external evaluation of the auditing and oversight system and the independent audit advisory committee

Ethics office comprehensive review of governance arrangements, including an independent external evaluation of the auditing and oversight system and the independent audit advisory committee

Annex 1. Crosswalk between audit observation initiatives and audit observation

23. The Advisory Committee notes that the Board has qualified its audit opinion on the financial statements of four organizations.

56. The Board of Auditors informed the Advisory Committee that the external audit coverage of UNPROFOR would also be increased.

Ethics office comprehensive review of the governance arrangements, including an independent external evaluation of the auditing and oversight system and the independent audit advisory committee

Ethics office comprehensive review of the governance arrangements, including an independent external evaluation of the auditing and oversight system and the independent audit advisory committee

The Advisory Committee is of the opinion that the establishment of operational and budgetary independence for OIOS is of utmost importance and that it does not depend on the creation of an independent audit advisory committee.

Audit and Inspection

This amounts to 9,598,000, as follows Internal Audit Services ( 8,821,400), Management Advisory Services ( 293,300), Central Evaluation Unit ( 276,000) and the Central Monitoring Unit ( 207,300).

Annual report and audit

(c) Audit and Inspection

Internal audit and oversight

The Advisory Committee shall examine the financial statements and the audit reports and shall forward them to the Assembly with such comments as it deems appropriate. quot

The Secretary General is proposing a provisional estimate of 1,172,500 for an independent oversight advisory committee (also referred to as the independent audit advisory committee to the United Nations (see A 60 568)).

The Internal Audit Division, the Central Monitoring Unit, the Central Evaluation Unit and Management Advisory Services were consolidated under the new Office for Inspections and Investigations as of 24 August 1993 in order to provide comprehensive audit, inspection and investigation services to the Organization.

NEXAS continued to evaluate audit reports, carry out audit missions when required, make recommendations for improvements and introduce additional audit scopes.

The Advisory Committee points out that the proposed independent audit advisory committee is to be an integral part of governance arrangements at the United Nations, which would include a previously established internal oversight committee.

23. The Advisory Committee also recommends that monthly or periodic audits of UNOSOM be undertaken by the internal audit unit based in Nairobi.

It incorporated the following existing units the Internal Audit Division (IAD), the Central Evaluation Unit (CEU), the Central Monitoring Unit (CMU), and the Management Advisory Service (MAS).

At the same time, the Advisory Committee points out that it supports the need for audit function, including its strengthening and full compliance in peace keeping operations.

(i) Accountability, audit and oversight

C. Evaluation, monitoring and audit

D. Audit and finance personnel

Audit and Management Control Division

The Advisory Committee was informed that an audit of INSTRAW had been conducted by the Office of Internal Oversight Services in December 2004 and that the outcome of the audit exercise (A 60 281) was received by the Institute in August 2005.

8. On inquiry the Advisory Committee was informed that by and large the Board was able to cope with any additional audit that the General Assembly might request.