Welcomes the effort made by organizations generally to comply with the UN common accounting standards for the biennium 1992-1993; notes, however, that further work needs to be done in the biennium 1994-1995 to bring the financial statements of certain UN organizations and programmes fully in line with the UN system common accounting standards; requests the Secretary-General and the executive heads of UN organizations and programmes to pursue their efforts to ensure full compliance with the common accounting standards in submitting the financial statements for the biennium 1994-1995, including, inter alia, disclosure of valuation of property, contributions in kind, and cash held in non-convertible currencies; calculation and disclosure of full long-term liability for termination benefits; and calculation and disclosure of delays in the collection of assessed contributions, with a view to improving disclosure in the financial statements.

Adopted without vote, 95th meeting

Adopted at the 95th plenary meeting, 23 Dec. 1995.