The audit of UNDP activities is carried out by external and/or internal auditors:
- External audit: fulfilled by the United Nations Board of Auditors (BoA); and
- Internal audit: assigned to the Office of Audit and Investigations (OAI).
The UN Board of Auditors was established by the General Assembly in 1946 to carry out the external audit of the accounts of the United Nations organization and its funds and programmes. The Board's report on UNDP's financial statements is a public document. It is presented to the General Assembly through the Fifth Committee and also to UNDP's Executive Board.
Audit and Evaluation Advisory Committee (AEAC)
The Audit and Evaluation Advisory Committee (PDF) is established to advise the Administrator in fulfilling his/her responsibilities regarding oversight, financial management and reporting, internal audit and investigation, external audit, risk management, the evaluation and ethics functions and systems of internal control and accountability.
The Office of Audit and Investigations reports to the UNDP Administrator and submits to the Audit and Evaluation Advisory Committee, for review and advice, its strategy, workplans, budget situations and periodic progress reports. In addition, the Office prepares an annual report which summarises significant observations from audits and investigations undertaken during the year. This report is presented to the UNDP Executive Board at its annual session in June.
The Office's Charter (PDF) sets out the purpose, authority, policies and procedures applicable.
In 2017, the internal audit activities of the Office were the subject of an external quality assessment. The external assessment team concluded that OAI generally conforms with the International Standards for the Professional Practice of Internal Auditing (the Standards) and the Code of Ethics of the Institute of Internal Audit (IIA). “Generally Conforms” is the top rating and means the assessment team has concluded that the relevant structures, policies, and procedures of the activity, as well as the processes by which they are applied, comply with the requirements of the Standards and the IIA Code of Ethics in all material respects.