Decision 41/10

Having considered the comments and recommendations of the Sub-Committee on Monitoring, Evaluation and Finance (UNEP/OzL.Pro/ExCom/41/6, paragraphs 23 and 24), the Executive Committee decided:

1. To note the reconciliation of accounts as presented in document UNEP/OzL.Pro/ExCom/41/12 and Schedules 1.1 to 1.7 of the 2002 accounts of the Fund, attached as Annex II to the present report; 
2. To request the Treasurer, together with the Secretariat, to review the following adjustments requested for UNEP and UNIDO and to report to the 42^nd Meeting of the Executive Committee in the context of the reconciliation of accounts for 2002:
   1. Add US $112,619 to the income of UNEP;
   2. Add US $1,169,476 to the income of UNIDO;
3. Also to request implementing agencies to ensure that the expenditures in their progress reports submitted to the Secretariat were consistent with their expenditures in the annual accounts of the implementing agencies submitted to the Treasurer; and
4. Further to request the Secretariat and the Treasurer to pursue their efforts to complete the reconciliation of the accounts of the World Bank on the basis of audited 2002 accounts and UNDP on the basis of the UNDP Comptroller’s review, with reports on the status of these efforts at each meeting until the accounts were fully reconciled, noting that this was the second consecutive year that the accounts of UNDP and the World Bank had not been fully reconciled with their progress reports.