|
The Fifty-fifth Meeting of the Executive Committee decided:
(a) to take note of the Fund’s 2007 provisional financial statements contained in document UNEP/OzL.Pro/ExCom/55/52;
(b) to note that the 2007 final accounts of the Fund would be submitted to the Executive Committee at the 56th Meeting;
(c) to note that the World Bank reflected expenditures against the chiller concessional loan project for Thailand (THA/REF/26/INV/104) in its 2007 financial statement and not in its progress report, which constituted a reconciling item in the 2007 reconciliation of the accounts exercise;
(d) to note that necessary actions had been taken by the Treasurer to reflect the adjustments resulting from the reconciliation of the 2006 accounts exercise;
(e) to request the Treasurer to report to the 56th Meeting audit observations and recommendations on the Multilateral Fund Secretariat accounts for the Committee’s consideration; and
(f) to note the Secretariat’s explanation relating to an overrun against certain budget lines in the Secretariat’s main accounts.
(UNEP/OzL.Pro/ExCom/55/53, Decision 55/47, para. 226).
(Supporting documents:UNEP/OzL.Pro/ExCom/55/52).
The Fifty-sixth Meeting of the Executive Committee decided:
(a) to note the audited financial statement of the Fund as at 31 December 2007;
(b) to note the Auditors’ request that the attention of the Meeting of the Parties should once again be drawn to the need for the long-outstanding contributions to be paid or written off; and
(c) to request the Treasurer to record in the 2008 accounts the differences between the agencies’ provisional and final 2007 accounts as reflected in tables 1 and 2 of document UNEP/OzL.Pro/ExCom/56/59.
(UNEP/OzL.Pro/ExCom/56/64, Decision 56/66 para 237)
(Supporting document: UNEP/OzL.Pro/ExCom/56/59).
|