Please note: only publishing dates after March 2013 may be considered reliable.

Pages tagged with Accounting and Financial Reporting

Date published

CEB: Implementing the International Public Sector Accounting Standards 15.06.2016

Since the adoption of the International Public Sector Accounting Standards (IPSAS)  in 2006 by the United Nations system through High-level Committee on Management (CEB/2006/3), twenty-one organizations across the United Nations system have completed IPSAS implementation successfully and obtained unqualified audit opinions on their first and subsequent IPSAS-compliant financial statements.

CEB: Improving and innovating administrative and management functions of the United Nations system 15.06.2016

The High-level Committee on Management strategic plan for 2013-2016 identifies harmonization and simplification of business practices as a core activity. In this context, the plan focuses on common and shared services, including improved common procurement practices, and other initiatives to improve efficiency and effectiveness of the United Nations system.

CEB: Improving financial resources management 15.06.2016

Inter-agency collaboration in the financial and budgetary areas has received renewed attention in the work of CEB through the Finance and Budget Network of the High-Level Committee on Management. The focus has been on:

CEB: Confidentiality of internal audit reports 15.06.2016

The High-level Committee on Management reviewed current practices within the system for sharing information contained in internal audit reports through its finance and budget network. In that regard, initial criteria that could serve to guide the exercise were under consideration with a view to establishing a common approach to disclosure of information contained in internal audit reports.

CEB: Management issues 15.06.2016

CEB continued its consideration of management issues in a more integrated and concrete fashion over the 2006/07 period with the support of its High-level Committee on Management. The Committee and its networks had recently given considerable time and attention to the subject of management harmonization and reform within the competence of United Nations system executive heads, with the aim of sharing information, avoiding duplication of efforts, identifying successful experiences as benchmarks and setting common directions for future work.

CEB: Internal audit reports 15.06.2016

The Board considered issues related to the disclosure of information contained in internal audit reports of United Nations system organizations in the light of the expectation of the international community that the system should be as accountable and as transparent as possible. The Board stressed that it was important for any disclosure policy to incorporate adequate criteria to ensure that the human and legal rights of the staff were respected, especially in connection with information contained in internal audit reports that have to do with investigations.

CEB: International Public Sector Accounting Standards 15.06.2016

Recognizing that the introduction of International Public Sector Accounting Standards would place new emphasis on the value of an organization’s assets and thus presented an opportunity to assess potential best practices, particularly with respect to capital budgeting which would facilitate the structuring, financing and monitoring of capital investment activities, and with a view towards addressing greater harmonization in United Nations system budgetary practices, the High-level Committee on Management Finance and Budget Network established a working group during the reporting period to d

CEB: Other significant issues on the agenda of the United Nations System Chief Executives Board for Coordination in 2008/09 15.06.2016

Evaluation; Regional coherence; Campaign to end violence against women and girls; Contribution of the United Nations system to the Economic and Social Council; Disaster risk reduction; Science and technology; International Public Sector Accounting Standards; Knowledge-sharing; Human resources; Procurement; Collaboration with the Joint Inspection Unit; Coordination among pillars of the United Nations System Chief Executives Board for Coordination

CEB: Financial management 15.06.2016

In the context of the Plan of Action for Harmonization of Business Practices the Finance and Budget Network’s Working Group on Common Treasury Services had launched its activities. The Working Group set up a web-based knowledge-sharing tool allowing inter-agency discussions on technical treasury-related subjects in its online forum. Preliminary steps have been taken to start the next phase of the group’s activities — a feasibility study to evaluate the potential harmonization opportunities in the treasury area.

CEB: International Public Sector Accounting Standards 15.06.2016

During the reporting period, system-wide support towards implementation of the International Public Sector Accounting Standards (IPSAS) had brought important activities to fruition. In particular, an 18-course training suite has been completed and made available to United Nations system organizations, some of which have already started to deliver courses based on the materials provided.

CEB: Other significant issues on the agenda of the United Nations System Chief Executives Board for Coordination in 2009/10 15.06.2016

System-wide coherence; Enhancing the contribution of the United Nations system to the Economic and Social Council; Second United Nations Decade for the Eradication of Poverty (2008-2017); Science and technology; Support to staff in emergency situations; Human resources; International Public Sector Accounting Standards; Financial management; Procurement; Information and communications technology; Collaboration with the Joint Inspection Unit.

CEB: International Public Sector Accounting Standards 15.06.2016

The adoption of the International Public Sector Accounting Standards (IPSAS) was recommended by the High-level Committee on Management to improve the quality, comparability and credibility of financial reporting across the United Nations system. In 2006, the General Assembly, by its resolution 60/283, approved the adoption of IPSAS by the United Nations. IPSAS are independently developed financial reporting standards that are considered best practice for public sector entities.

CEB: Financial management 15.06.2016

The Finance and Budget Network has completed the first stage of a project, due to be completed, on common treasury services. The project, which is funded by the High-level Committee on Management Plan of Action and led by the International Fund for Agricultural Development and the World Health Organization (WHO), will provide detailed estimates of savings and specific proposals for harmonization in the area of treasury operations, with a focus on banking services, payments, currency management, investment management, external costs and fees and risk management.

CEB: Procurement 15.06.2016

The inter-agency Procurement Network completed the first project funded under the Plan of Action, led by UNDP, which resulted in a Model Policy Framework for Vendor Eligibility for system-wide use. The procedure, which has been reviewed and approved by the inter-agency legal advisers, allows for the introduction of a common decision mechanism for the handling of suspect vendors. The Model Framework, which responds to the need for improved transparency, accountability and effectiveness in procurement, was approved by CEB at its spring 2011 session.

CEB: Management issues 15.06.2016

Harmonization of business practices; Security and safety of staff; International Public Sector Accounting Standards.

CEB: Introduction 15.06.2016

During 2010/11, the United Nations System Chief Executives Board for Coordination (CEB) intensified its efforts to align the strengths and expertise of its member organizations to respond to the mandates of Member States in a coordinated and effective manner. The adoption by the General Assembly of its resolution 64/289 has been an important directive for the United Nations system in further strengthening the coherence of its system-wide efforts, as detailed in the present report.

CEB: United Nations Development Assistance Frameworks 15.06.2016

General Assembly resolution 62/208 called on the United Nations system to strengthen interdepartmental and inter-agency coordination to ensure an integrated, coherent and coordinated approach to assistance at the country level. Towards this end, the United Nations Development Group continued to provide dedicated support to country preparations of United Nations Assistance Development Frameworks during the reporting period.

CEB: International Public Sector Accounting Standards 15.06.2016

The United Nations system is increasingly using International Public Sector Accounting Standards (IPSAS) as an instrument to improve the quality of financial reporting, thereby increasing transparency and accountability. Twenty-four organizations of the United Nations system are now implementing IPSAS (with the Joint United Nations Programme on HIV/AIDS being the latest implementing organization). Thirteen organizations, with adoption dates ranging from 2012 to 2014, are currently in the process of IPSAS implementation.

CEB: Management issues 15.06.2016

Harmonization and simplification of business practices; International Public Sector Accounting Standards; Safety and security of staff.

CEB: International Public Sector Accounting Standards 15.06.2016

Eight organizations (International Civil Aviation Organization, International Maritime Organization, International Telecommunication Union, Pan American Health Organization, UNESCO, United Nations Industrial Development Organization, World Intellectual Property Organization, and World Meteorological Organization) in addition to WFP, which has been IPSAS-compliant since 2008, were targeting IPSAS implementation as of 2010.

CEB: Implementing the International Public Sector Accounting Standards 15.06.2016

Since the adoption of the International Public Sector Accounting Standards (IPSAS)  in 2006 by the United Nations system through High-level Committee on Management (CEB/2006/3), 21 organizations have completed their IPSAS implementation successfully, with 10 of them issuing their first IPSAS-compliant financial statements for the year ended 31 December 2012 and obtaining unqualified audit opinions in 2013.

CEBs: Implementing the International Public Sector Accounting Standards 15.06.2016

Since the adoption of the International Public Sector Accounting Standards (IPSAS)  in 2006 by the United Nations system through High-level Committee on Management (CEB/2006/3), 21 organizations have completed their IPSAS implementation successfully, with 10 of them issuing their first IPSAS-compliant financial statements for the year ended 31 December 2012 and obtaining unqualified audit opinions in 2013.

CEB: Improving United Nations business models 15.06.2016

The High-level Committee on Management strategic plan for 2013-2016 identifies harmonization and simplification of business practices as a core activity of the Committee. In this context, the plan focuses on common and shared services, improved common procurement practices, and other initiatives to improve efficiency and effectiveness of the United Nations system.

FBN: UN System Financial Statistics 15.06.2016

Financial Statistics is a collection of annual data from CEB member organizations on their revenue and expenditures. Using this data, revenues broken down by assessed and voluntary contributions can be shown. Also, expenditures at the country, regional and global levels and broken down by expenditure categories: development assistance, humanitarian assistance, technical cooperation, peacekeeping and normative activities.

CEB: Results: Financial Statistics Database 15.06.2016

The CEB Website provides a unique ability to make available to the UN system, and to the public, total revenue and expense data for the UN system.  The Financial Database and Statistics Reporting project was established to improve the transparency of this data while reducing the burden to all UN agencies in the collection of this data.  The project has been expanded to include first level reporting by DESA for Operational Activities for Development, including Humanitarian Assistance.

Timeframe:    Implemented by December 2012

Documents tagged with Accounting and Financial Reporting

Date published

HLCM: Report of 32nd Session (October 2016, Paris) 01.12.2016

Conclusions of the Thirty-Second Session of the High Level Committee on Management (Paris, 3-4 October 2016). Issues discussed included: HLCM Strategic Plan 2017-2020; UN system model for transformative “leaders of the future”, HR Management in support of the 2030 Agenda; Sexual Exploitation and Abuse; Costs of oversight and accountability mechanisms in the UN system; Common Definitions Related to Fraud and Implementing Partners; Programme Criticality Framework; Health Support plans for duty stations world-wide; Data Innovation Lab & UN System Common Documentation Standard; Report of the Inter-Agency Security Management Network (IASMN); UN International Year of Sustainable Tourism for Development; Payment of Pensions.

Document reference: CEB/2015/5
CEB: Annual Overview Report (July 2015, New York) 15.06.2016

The present report provides an overview of major developments in inter-agency cooperation within the framework of the United Nations System Chief Executives Board for Coordination (CEB) in 2014.

Document reference: E/2015/71
FBN: Report of 23rd Session (16-17 June 2014, IAEA, Vienna ) 15.06.2016

The FB Network discussed the following issues: New template agreement between the EU and the UN; The UN system-wide IPSAS project proposal beyond 2015; Proposal of a reference risk management, oversight and accountability model for common positioning by the UN system with governing bodies; Common definition of operating costs and a common and standardized system of cost control; Harmonization of rules and regulations, policies and procedures at the country, regional and headquarters level in the functional area of finance; After-service-health insurance (ASHI); Common Treasury Services – Pr

Document reference: CEB/2014/HLCM/FB/11
CEB: Annual Overview Report (July 2013, New York) 15.06.2016

The present report provides an overview of major developments in inter-agency cooperation within the framework of the United Nations System Chief Executives Board for Coordination (CEB) in 2012.

Document reference: E/2014/69
CEB: Annual Overview Report (May 2014, New York) 15.06.2016

The present report provides an overview of major developments in inter-agency cooperation within the framework of the United Nations System Chief Executives Board for Coordination (CEB) in 2013.

Document reference: E/2014/69
FBN: Report of 21st Session (24-25 June 2013, WFP, Rome) 15.06.2016

The FB Network discussed the following issues: Common definition of operating costs and a common and standardized system of cost control; Proposal of a reference risk management, oversight and accountability model for common positioning by the UN system with governing bodies; implementation of statement on internal control in financial reports; FB Network terms of reference; after-service-health insurance (ASHI) - study of funding options; status and action of the FB Network initiatives from the HLCM Plan on Harmonization of Busienss Practices in the UN System - Common Treasury Services; co

Document reference: CEB/2013/HLCM/FB/15
FBN: Report of 18th Session Videoconference (16 February 2012) 15.06.2016

At the videoconference the following items were discussed:  Common Treasury Services, After Service Health Insurance, Safety and Security Costs, Financial Statistics, IPSAS Task Force.

Document reference: CEB/2012/HLCM/FB/6
FBN: FB Questions of the 80th Session, (March 1994) 15.06.2016
Document reference: ACC/1994/5
HLCM: Report of 14th Session (September 2007, New York) 15.06.2016

Issues discussed included: Dialogue with Representatives of FICSA and CCISUA; Cooperation with ICSC; Business Practices; Security and Safety of Staff; Institutional links between HLCM and UN/RIAS – Disclosure of Internal Audit Reports; HLCM Networks; UN Cares; UN Dual Career and Staff Mobility; Staff Management Leadership Development Programme; Jointly-financed Activities; Procedures and criteria for the preparation of agendas and submission of documents for consideration and discussion by the HLCM at its session.

Document reference: CEB/2007/6

Bookmarks tagged with Accounting and Financial Reporting

Date published

FBN: Western Asia: Economic and Social Commission for Western Asia 15.06.2016

The United Nations' Economic and Social Commission for Western Asia (ESCWA) promotes economic and social development through regional and subregional cooperation and integration and serves as the main general economic and social development forum within the United Nations system for the ESCWA region. In July 2003, ESCWA held an Expert Consultative Meeting on Public Administration and Public Accounting Development, which included presentations on public sector accounting. The papers can be accessed under 'past events': 2003.

Direct access: Western Asia: Economic and Social Commission for Western Asia
FBN: East and Southern African Association of Accountants General 15.06.2016

In 2003 the thirteen member countries of the East and Southern African Association of Accountants General (ESAAAG) resolved to start the process of moving towards the preparation of accounts in accordance with International Public Sector Accounting Standards (IPSAS). The website provides information about the association, links to contacts within each member country, ESAAAG conference proceedings, including papers on IPSAS adoption, and ESAAAG workplans.

Direct access: East and Southern African Association of Accountants General
FBN: International Accounting Standards Board Website 15.06.2016

The International Accounting Standards Board (IASB) is responsible for developing International Financial Reporting Standards. This website includes information about the IASB, including discussion documents and draft accounting standards.

Direct access: International Accounting Standards Board Website
FBN: 2007 Handbook in Spanish (Published 2009) 15.06.2016
Direct access: 2007 Handbook in Spanish (Published 2009)
FBN: IPSAS Handbook: Arabic Versions (2008) 15.06.2016

The Arab Society of Certified Accountants (ASCA) has issued the latest Arabic translation of Handbook of International Public Sector Accounting Standards, in two parts for the first time. This is available from ASCA’s website.

Direct access: IPSAS Handbook: Arabic Versions (2008)
FBN: IPSAS Handbook: English, French and Spanish versions 15.06.2016

The International Federation of Accountants provides free access to English, French and Spanish versions of the IPSAS Handbook via this website. There is usually a slight delay between hardcopy availability and electronic availability of IPSAS. For example, the 2009 IPSAS Handbook in English is now available in hardcopy (16 March 2009), but its electronic version is not yet available from this website.

Direct access: IPSAS Handbook: English, French and Spanish versions
FBN: IFAC Translations Database 15.06.2016

The International Federation of Accountants website, where further information on the availability of IPSAS translations can be viewed.

Direct access: IFAC Translations Database
FBN: IPSAS Website Link 15.06.2016

This is the link to the IPSAS official website.

Direct access: IPSAS Web Site
FBN: Wikipedia Entry for IPSAS 15.06.2016
Direct access: Wikipedia Entry for IPSAS
International Public Sector Accounting Standards Board 15.06.2016

The International Public Sector Accounting Standards Board (IPSASB) is responsible for developing IPSAS. The IPSASB is a dedicated, expert, independent international standard setting body, which uses strong due process, including public consultation and public meetings. This is the link to the IPSASB official website.

Direct access: International Public Sector Accounting Standards Board

CEB Mechanisms tagged with Accounting and Financial Reporting

Date published

UNDG: Working Group on Joint Funding, Financial and Audit Issues 15.06.2016

The Working Group on Joint Funding, Financial and Audit Issues develops guidance and oversight mechanisms in cases of joint agency funding for country teams, such as in multi-donor trust funds and joint programmes.

FBN: European Community-United Nations WG on the Financial and Administrative Framework Agreement (FAFA) 15.06.2016

Every year, the FB Network, through the UN Secretariat, discusses and agrees amendments to the FAFA and its implementation with members of the European Community.

FBN: Task Force on Accounting Standards 15.06.2016

The Task Force on Accounting Standards (Task Force) was established by the High Level Committee on Management of the Chief Executives Board for Coordination of the United Nations system in 2002 and in 2005 was mandated to provide support, coordination and leadership to the implementation of International Public Sector Accounting Standards (IPSAS) in the United Nations (UN) system.