| ## ITEM 7 OF THE CONSOLIDATED AGENDA: TERMS OF REFERENCE GOVERNING AUDIT |

124. Discussions were based on document A/33/6.

125. In introducing the document, the Secretariat noted that the Chairman of the Panel of External Auditors of the United Nations, Specialized Agencies and the International Atomic Energy Agency had encouraged all organizations of the United Nations system to adopt a revised text of the "audit opinion" in order to ensure that audit opinions reflected current best practice and to maintain consistency throughout the United Nations system. All organizations have agreed to do so; some have already implemented this change while others will implement it at the next meeting of their Governing Bodies.

126. The General Assembly of WIPO and the Assemblies of the Paris, Berne, IPC, Nice, Locarno, Vienna, PCT, Madrid, Hague and Lisbon Unions adopted the new text contained in paragraph 5 of document A/33/6.