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Regulation XII
External Audit

Appointment

Regulation 12.1 An External Auditor, who shall be the Auditor-General (or person exercising an equivalent function) of a Member Nation, shall be appointed in the manner and for the period decided by the Council.

Tenure of Office

Regulation 12.2 If the External Auditor ceases to hold the office of Auditor-General (or equivalent function) in his own country, his tenure of office as External Auditor shall thereupon be terminated and he shall be succeeded as External Auditor by his succesor as Auditor-General. The External Auditor may not otherwise be removed during his tenure of office except by the Council.

Scope of Audit

Regulation 12.3 The audit shall be conducted in conformity with generally accepted common auditing standards and, subject to any special directions of the Finance Committee, in accordance with the Additional Terms of Reference set out in Annex I to these Regulations.

Regulation 12.4 The External Auditor may make observations with respect to the efficiency the Financial procedures, the accounting system, the internal financial controls and, in general, the administration and management of the Organization.

Regulation 12.5 The External Auditor shall be completely independent and solely responsible for the conduct of the audit.

Regulation 12.6 The Finance Committee may request the External Auditor to perform certain specific examinations and issue separate reports on the results.

Facilities

Regulation 12.7 The Director-General shall provide the External Auditor with the facilities he may require in the performance of the audit.

Regulation 12.8 For the purpose of making a local or special examination or of effecting economies of audit cost, the External Auditor may engage the services of any national Auditor-General (or person exercising an equivalent function) or commercial public auditors of known repute or any other person or firm who, in the opinion of the External Auditor, is technically qualified.

Reporting

Regulation 12.9 The External Auditor shall issue a Report on the audit of the financial statements and relevant schedules, which shall include such information as he deems necessary in regard to matters referred to in Financial Regulation 12.4 and in the Additional Terms of Reference.

Regulation 12.10 The External Auditor's Reports shall be transmitted through the Finance Committee, together with the audited financial statements, to the Council in accordance with any directions given by the Finance Committee. The Council shall examine the financial statements and the audit reports and shall forward them to the Conference with such comments as it deems advisable. The Report on the interim accounts shall be submitted to the Finance Committee.

MEMBERS OF FAO COUNCIL

The compaction of the Council until 31 December 1972 is as follows:

FAO MEMBERS
(as at 27 November 1991)

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