Common use of ACCOUNTING AND AUDITING Clause in Contracts

ACCOUNTING AND AUDITING. The UN Agency will keep accurate accounts and records in respect of the funds made available under this Agreement, in accordance with the UN Agency’s financial regulations and rules and in such form and detail as will clearly identify all relevant charges and costs for corresponding deliverables. The UN Agency will retain all records (contracts, reports, invoices, bills, receipts and other documentation) relating to this Agreement in accordance with the UN Agency’s documents retention policy. The UN Agency’s use of the funds made available under this Agreement will be subject exclusively to the internal and external auditing procedures provided in the financial regulations, rules, policy and procedures of the UN Agency and the relevant decisions of the UN Agency’s governing body. The UN Agency will make available to the Government, with a copy to the Bank, a copy of its external auditors’ reports on its financial statements within thirty (30) days of delivery of the same to the United Nations General Assembly. Internal audit reports from the UN Agency’s office responsible for internal audit and investigations will be made public by disclosure on the UN Agency internet site in accordance with decisions of the UN Agency’s Executive Board and reports from the UN Agency’s office responsible for internal audit and investigations that include reference to the Financing will be made available to the Government, with a copy to the Bank, in accordance with that same decision.

ACCOUNTING AND AUDITING. The UN Agency will keep accurate accounts and records in respect of the funds made available under this Agreement, in accordance with the UN Agency’s financial regulations and rules and in such form and detail as will clearly identify all relevant charges and costs for corresponding deliverables. The UN Agency will retain all records (contracts, reports, invoices, bills, receipts and other documentation) relating to this Agreement in accordance with the UN Agency’s documents retention policy. The UN Agency’s use of the funds made available under this Agreement will be subject exclusively to the internal and external auditing procedures provided in the financial regulations, rules, policy and procedures of the UN Agency and the relevant decisions of the UN Agency’s governing body. The UN Agency will make available to the Government, with a copy to the Bank, a copy of its external auditors’ reports on its financial statements within thirty (30) days of delivery approval of the same to by the United Nations General Assembly. Internal audit reports from the UN Agency’s office responsible for internal audit and investigations investigations, the Office of Internal Oversight (OIOS), will be made public by disclosure on the UN Agency OIOS internet site (xxxxx://xxxx.xx.xxx/page?slug=report) in accordance with decisions of the UN Agency’s Executive Board United Nations General Assembly and reports from the UN Agency’s office responsible for internal audit and investigations OIOS that include reference to the Financing will be made available to the Government, with a copy to the Bank, in accordance with that same decision.