Examples of using Statement of comparison in English and their translations into Arabic
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(e) A statement of comparison of budget and actual amounts;
The annual budget for 2012 was included in the statement of comparison of budget and actual amounts.
(v) A statement of comparison of budget and actual amounts, on the basis of the budget; and.
Actual net surplus as per the statement of comparison of budget and actual amounts.
The statement of comparison of budget and actual amounts(statement V) is prepared on an accrual accounting basis.
People also translate
The move to IPSAS requires the preparation of a statement of comparison of budget and actual amounts.
Information on these budgets and their utilization are summarized in the statement of comparison of budget to actual amounts(statement V).
The statement of comparison of budget and actual amounts(statement V) is prepared in the same format as the original approved institutional budget, with the inclusion of assessed contributions.
Presentation differences are those differences in the format andclassification schemes used in the statement of cash flow and the statement of comparison of budget and actual amounts.
Reconciliation of the statement of comparison of budget and actual amounts.
In the statement of financial performance(statement II), expenses are classified and listed by the nature of expenses,whereas expenditure is classified by operation in the statement of comparison of budget and actual amounts(statement V).
The statement of comparison of budget and actual amounts(statement V) is prepared in the same format as the original approved institutional budget 20122013, with the additional inclusion of assessed contributions(regular budget activities).
International Public SectorAccounting Standard 24 requires disclosure in the statement of comparison of budget and actual amounts of a budget approved by a legislative authority.
The budget for the Office in the statement of comparison of budget and actual amounts(statement V) is presented on an operational and geographical basis, while expenses are presented by nature of expense in the statement of financial performance(statement II).
Unlike the other financial statements, which are prepared under the IPSAS full accrual basis, the statement of comparison of budget to actual amounts is prepared and presented on a modified cash basis.
As required by IPSAS 24, schedule I, Statement of comparison of budget and actual amounts in relation to administrative expenses for the year 2012, provides a comparison of budget and actual on a comparable basis.
As the financial statements are prepared in accordance with IPSAS and the budget is prepared on the modified cash basis, the reported financial results(actual)are adjusted to provide for a comparison to the budget as presented in the statement of comparison of budget and actual amounts.
Reconciliation between the actual amounts on a comparable basis in the statement of comparison of budget and actual amount(statement V) and the actual amounts in the statement of cash flow(statement IV) for the period ended 31 December 2013 is presented below.
According to the statement of comparison of budget and actual amounts, the actual revenue from management fees for 2012 was 12 per cent higher than the final budgeted amount of $52.1 million because management was unable to reliably estimate revenue for budgeting purposes owing to the implications of the IPSAS conversion on 1 January 2012.
In the statement of financial performance(statement II),expenses are classified and based on the nature of expenses, whereas in the statement of comparison of budget and actual amounts(statement V) expenditures are classified by the operations and the programmes to which they have to be charged.
This reporting will be supplemented with summary financial reporting ina format similar to the integrated resource plan and based on the statement of comparison of budget and actual amounts, which UNICEF is required to include in its financial statements for compliance with IPSAS from 2012.
(a) Consider the inclusion of all resources in the statement of comparison of budget and actual amounts to enhance the comparability and understandability of the statement; and determine the net realizable value or current replacement cost of inventory on a case-by-case basis for each country office instead of using a generalized formula;
The Board is encouraged by the pace of implementation of IPSAS by UNDP but is of the view thatfurther scope exists to improve disclosures in the statement of comparison of budget and actual amounts, and to improve the methodology used to determine the net realizable value or current replacement costs of inventory for comparison with the cost.
For example, in statement V(statement of comparison of budget to actual amounts for the year ended 31 December), in addition to the expenses reflected under the Private Fundraising and Partnerships budget, country programme budgets contain $17.89 million in private sector fundraising expenses of 20 country offices.
UNRWA budget figures are determined on a modified cash basis(i.e., United Nations system accounting standards)and disclosed in the statement of comparison of budget and actual amounts(statement V) as the original budget derived from the 2012-2013 programme budget(Blue Book), as recommended by the Advisory Committee on Administrative and Budgetary Questions and approved by the General Assembly.
(a) Consider the inclusion of all its budgeted resources in the statement of comparison of budget and actual amounts in order to enhance comparability and understandability of the statement; and(b) perform case-by-case determination of net realizable value/current replacement cost of inventory instead of using a generalized formula.
A reconciliation between the actual amounts on a comparable basis in the statement of comparison of budget and actual amounts(statement V) and the actual amounts in the statement of financial performance(statement II) for the year ended 31 December 2012 is presented below.
Reconciliation between the actual amounts on a comparable basis in the Statement of Comparison of Budget and Actual Amounts(Statement 5) and the actual amounts in the Statement of Cash Flow(Statement 4) for the period ended 31 December 2010 is presented below.