audit. The major findings of the audit were:
224. The Board noted, based on its audit findings, that bank reconciliations had been largely addressed by UNDP, but that some ledger accounts continued to reflect pre- Atlas transactions and balances. The Board also noted that UNDP had developed anaction plan to address other issues raised by the internal audit of the Treasury Division.
(a) The Atlas general ledger system contained numerous incorrect balances dating back to January 2004, lacked functionality, was not optimally configured and lacked security measures;
(b) Bank reconciliations were not completed in a timely manner, and unreconciled items had accumulated and were not investigated in a timely manner;
(c) Access controls surrounding Atlas, Treasury shared drives, and servers were inadequate or non-existent;
(d) There was inadequate segregation of duties;
(e) There was a lack of adequate resources, and limited guidance within the Treasury Division.