(1) Having been apprised of the hope of the Panel of External Auditors that CCAQ could work towards achieving greater consistency and comparability in the information presented in the financial statements of the organizations, CCAQ decided at its 51st session (September 1979) to establish a Working Party on the Harmonization of Financial Statements. The Committee approved terms of reference for the Working Party, specified its membership, and agreed on arrangements for its first session (ACC/1979/R.69, paras. 18-20).
(1) CCAQ discussed the accounting treatment of refunds to the organizations from JSPF at its 29th (March 1968) and 38th (September 1973) sessions (CO-ORDINATION/R.679, paras. 7-11, and CO-ORDINATION/R.1004, para. 40). Such refunds were abolished in 1982 (A/37/9, para. 41, and A/RES 37/131, section I, para. 1).
Note: Except for those of UPU, ITU and WIPO, which have always been denominated in Swiss francs, those of WMO and GATT, which have been switched to Swiss francs, and that of IMO, which has been switched to sterling, the budgets of organizations of the UN system are expressed in US dollars.
(1) At the 5th session (April 1949: CC/A.5/SR.2-4 and CO-ORD/PREP/118) the Committee drew up a series of principles to govern external audit in UN and the specialized agencies (CO-ORD-PREP/118, annex 1).
(1) At the 63rd session (September 1985) UNDP drew attention to the financial situation of its programme at 30 June 1985 and to its concerns about meeting expenditure targets, outlining the management action taken or contemplated to increase programme delivery without impairing programme quality.
Presentation of financial reports and statements
(1) Having been apprised of the hope of the Panel of External Auditors that CCAQ could work towards achieving greater consistency and comparability in the information presented in the financial statements of the organizations, CCAQ decided at its 51st session (September 1979) to establish a Working Party on the Harmonization of Financial Statements. The Committee approved terms of reference for the Working Party, specified its membership, and agreed on arrangements for its first session (ACC/1979/R.69, paras. 18-20).
Accounting standards and methods
(1) CCAQ discussed the accounting treatment of refunds to the organizations from JSPF at its 29th (March 1968) and 38th (September 1973) sessions (CO-ORDINATION/R.679, paras. 7-11, and CO-ORDINATION/R.1004, para. 40). Such refunds were abolished in 1982 (A/37/9, para. 41, and A/RES 37/131, section I, para. 1).
Special-purpose accounts
(A) General
Exchange rates
Note: Except for those of UPU, ITU and WIPO, which have always been denominated in Swiss francs, those of WMO and GATT, which have been switched to Swiss francs, and that of IMO, which has been switched to sterling, the budgets of organizations of the UN system are expressed in US dollars.
Audit and inspection
(1) At the 5th session (April 1949: CC/A.5/SR.2-4 and CO-ORD/PREP/118) the Committee drew up a series of principles to govern external audit in UN and the specialized agencies (CO-ORD-PREP/118, annex 1).
Inter-organization financial reporting
(A) General
Other accounting and financial reporting questions
(1) At the 63rd session (September 1985) UNDP drew attention to the financial situation of its programme at 30 June 1985 and to its concerns about meeting expenditure targets, outlining the management action taken or contemplated to increase programme delivery without impairing programme quality.