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IPSAS 23 Policy Paper

Page 1 of 21 UNDP ACCOUNTING POLICY NON-EXCHANGE REVENUE RECOGNITION UNDER IPSAS 23 22 MAY 2020 DocuSign Envelope ID: 8C5C6D31-01BC-4EB2-AB12-8E57CBD91A48 Page 2 of 21 Document Information Title IPSAS Policy Paper on UNDP’s Non-exchange Revenue Document type Accounting policy Status Final History Version Date (mm/dd/yyyy) Author Description 1.0 22/05/2020 Harkiren Kaur / Adam Phillion Final …

Content Type: Document Document Type: Policy Effective Date: 22-05-2020

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Government Local Office Cost (GLOC) Valuation of the In-Kind Contribution from the Host Government

Government Local Office Cost (GLOC) Valuation of the In-Kind Contribution from the Host Government Standard Basic Assistance Agreement 1. In accordance with provisions of the Standard Basic Assistance Agreement (SBAA) that govern UNDP operations in programme countries, host governments are expected to contribute towards the local cost of UNDP country offices, per Article VI – Paragraphs 4 and 5: …

Content Type: Document Document Type: Policy Effective Date: 22-04-2015 Planned Review Date: 27-12-2025 Policy Area: Financial Resources Management Policy Chapter: Pipeline and Revenue Management Policy Sub-Chapter: Regular Resources Policy: Government Local Office Cost (GLOC) Valuation of the In-Kind Contribution

Government Contributions to Local Office Costs from LIC and MIC

Government Contributions to Local Office Costs (GLOC) from Low- and Middle-Income Countries (LIC and MIC) Legal Framework 1. In accordance with the provisions of the Standard Basic Assistance Agreement (SBAA) that governs UNDP operations in programme countries, host governments are expected to contribute towards the local cost of country offices. As per Article VI – Paragraphs 4 and 5 of the SBAA …

Content Type: Document Document Type: Policy Effective Date: 01-05-2020 Planned Review Date: 09-01-2026 Policy Area: Financial Resources Management Policy Chapter: Pipeline and Revenue Management Policy Sub-Chapter: Regular Resources Policy: Government Contribution to Local Office Costs (GLOC) from LIC and MIC

Core Contributions

Core Contributions Policy 1. Core revenue is unearmarked funding received as voluntary contributions primarily from donor governments. The formal arrangements with each donor vary: multi-year agreements, annual letters of intent/ commitment, or cash receipt prior to formal agreement/ communication. This policy covers the accounting treatment of core contributions in the financial statements. 2. …

Content Type: Document Document Type: Policy Effective Date: 01-01-2019 Planned Review Date: 09-01-2026 Policy Area: Financial Resources Management Policy Chapter: Pipeline and Revenue Management Policy Sub-Chapter: Regular Resources Policy: Core Contributions