The UNHCR Treasury makes the decisions on investment and cash management.

Objective 3. Update the Unit's operational, cash management treasury and internal control procedures.

C. Treasury management

Cash Management Measures to ensure the best return on investments and cash resources, including qualitatively strengthening the Treasury Section, should be expeditiously taken (see para. 45)

Cash management (k) Measures to ensure the best return on investments and cash resources, including qualitatively strengthening the Treasury Section, should be expeditiously taken (see para. 45)

Cash management

Cash management

Comment by the Administration. Treasury is in the process of implementing a cash management tool which will facilitate the forecasting of cash outflows in an accurate and timely manner.

Treasury Financial Management and Control Division

Management of petty cash

Improper cash management procedures

Treasury is reorganizing and restructuring primary bank accounts and improving cash forecasting.

Cash management to be improved.

The treasury information systems would address automation of bank reconciliations, cash forecasting, foreign exchange revaluation and cash and investment accounting.

Cash money. Nearly a thousand bucks right from the good old U.S. Treasury.

An overall review of treasury operations will involve other offices away from Headquarters and cover not only investment matters but all other aspects of cash management.

Comment by the Administration. UNFPA has implemented a process of monitoring transactions, developed for UNFPA by UNDP, in the areas of Treasury, investments and cash management.

6. Cash management . 37 40 16

In paragraph 86 of the report, UNRWA agreed with the Board's recommendation that it update Treasury technical instructions and expedite the complete implementation of the cash management module.

The Treasury will continue to ensure the safe custody of the Organization apos s resources in providing treasury services for funds, such as the administration of bank accounts, the establishment of the United Nations operational rates of exchange, short term investments and cash management.

Seven of the eight recommendations relating to treasury management have been implemented.

31. In UNOSOM, internal control weaknesses in cash management included cash disbursements, improper custodial arrangement for cash and untimely preparation of bank reconciliations.

Emphasis will be placed on the increase of investment opportunities through closer monitoring of the cash flow. Treasury services

84. Effective treasury operations and sound investment, however, depend upon the accurate tracking and timely projection of cash flows.

In the area of treasury management, UNDP will continue to strengthen its efforts to move more country offices into the electronic banking interface (para. 478) monitor the optimal cash balance of country offices (para.

Comment by the Administration. Treasury maintains expenditure (primary payroll) forecasts and matched investments when market conditions and cash balances permit.

We hope to see more effective cash management by the Secretariat in order to maximize the availability of cash.

The Board previously reported on deficiencies in bank and cash management.

Their effects on cash management will be assessed in the future.

The Treasury staff members in charge of the bank accounts and cash books also recorded the transactions in the accounting system (MSRP).

The Treasury staff members in charge of the bank accounts and cash books also recorded the transactions in the accounting system (MSRP).

The Secretariat's treasury banking project to assist peacekeeping missions was launched in 2004 and addressed local bank charges, cash transport and insurance.

(b) Financial Resources Management Service (including Programme Planning and Budget Section, Accounts, Payments and Treasury Section)

The Section is also responsible for the production of daily cash projections to aid the investment officers in the proper management of cash.

Treasury

Treasury

At the same time, finance takes on quasi fiscal functions by excluding government fiscal deposits government deposits in the national treasury, commercial banks fiscal savings, and central treasury cash managed through commercial bank deposits from the money supply.

As a follow up of the Board apos s comments, the Treasury has initiated steps to address the problem through a cash concentration system.

Implement a full segregation of duties on investment and cash management decisions (para. 89)

Comment by the Administration. As at March 2005, Treasury management was periodically reviewing the delegated levels of authority.

55. Measures to ensure the best return on investments and cash resources, including qualitatively strengthening the Treasury Section, should be expeditiously taken (para. 9 (k)).

11. More effective cash management should be adopted, particularly on the formulation of investment policy and the levels of balances maintained for cash at banks.

(f) Implement a full segregation of duties on investment and cash management decisions (para. 89)

The internal controls at headquarters have been strengthened by increasing staff strength for cash management.

(iv) Treasury