text: readily available totakeupassignment. Inaddition, thegovernment selection process canbecomplex andtime-consuming. Projects alsomayrequire highly specialized equipment, whichmustbeprocured onthebasisofdetailed specifications~ thepreparation ofsuchspecifications andtheselection ofan appropriate supplier through international competitive bidding takestime. Insome casesdelaysarealsocaused bythefailure ofcounterpart organizations toprovide suitable facilities fortheinstallation ofequipment. WeagreewiththeAuditors thattheseareserious problems thatdeserve thefullest attention andweare continuing ourefforts tobringfurther improvement toproject planning and implementation procedures toensureefficient useofresources andeffective project implementation. Asmentioned 1nparagraph 3above,thecomputerized system ofproject monitoring willprovide avaluable management toolforfacilitating a satisfactory performance incompliance withtherecommendations expressed in paragraph 20ofthereport. -8- -- •~,'~", ~._ ~~~~~'~ .......,-~~.,-=-,> -,.'-,~~....."""", ~',<f' •~~.. "'"••~;;~~.'~. --to ..'~ " ;:-_,~~ _ _ _ , " -'"..,5. rep con but non rei spe The rep Proj (aud 6. our deli reco Fina 7. Fund inco Fina Dire oft inU Nati rule cale Audi cons Comm conc ont basi tot for that been but clos 8. type and the Exec 9. Audi func assi.. 5.Theproject (UC/BKF/78/041) theAuditors refertoinparagraph 19oftheir reporthasnotbecomeoperational inviewofmanyconstraints. TheUNIDF contribution forequipment underthisproject wasmadeinnon-convertible currency, butUNIDOcouldnotfindasupplier willing toacceptthiscurrency andthe non-convertible currency component wascancelled. Thefundsfortheequipment were reinstated underanewproject (UC/BKF/83/058), withanallotment of$296,900 asa special purpose contribution covering boththeequipment andtheexpertcomponent. Thecontribution madeonproject UC/BKF/78/041 willnowbeavailable for reprogramming. Project activities: supplyofproject equipment andsubmission ofdelivery reports (audit, paras. 21-25) 6.Wewillintensify ourco-operation withtheUNDPresident representatives and ourproject personnel aswellasfurther streamline theprocedures tomonitor delivery ofsupplies andequipment tothefieldoffices inlinewiththe recommendation madeinparagraph 25ofthereport. Financial accounts andstatements (audit, paras. 26-28) 7.Thedelayinissuing thecertified financial accounts andstatements ofthe Fundfortheyearended31December 1984wastheresultoftheneedtoresolve an inconsistency between theunitedNations Financial Regulations andRulesandthe Financial RulesofUNIDF. UNIDFfinancial rule411.6statesthattheExecutive Director shallprepare andcertify ascorrect thefinancial accounts andstatements oftheFundandshallsubmitthesetotheBoardofAuditors atthetimesspecified inUnitedNations financial rule111.4(a).Thefinancial periodfortheUnited Nations, asstated byregulation 2.1,istwoconsecutive calendar years;financial rule111.4describes thepractice followed bytheunitedNations forthefirst calendar yearoftheperiodaswellasforthefinalaccounts. TheBoardof Auditors submits onlythefinalaccounts totheGeneral Assembly and,following consultations between theAdministration, theBoardofAuditors andtheAdvisory Committee onAdministrative andBudgetary Questions in1974and1975,itwas concluded thatitwasnotessential fortheBoardofAuditors toexpress anopinion ontheinterim accounts norsubmititsviewstotheGeneral Assembly onanannual basis. UNIDOhaatherefore notexpected tosubmit afinancial statement forUNIDF
analysis: This text appears to be related to the United Nations Industrial Development Organization (UNIDO) and its activities, specifically in the area of project management and financial reporting. The text mentions equipment procurement, project implementation, and financial accounts, suggesting that the category should be related to economic development and international cooperation.