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IAMB Reports New!
First interim IAMB report issued on Dec. 14, 2004
Second interim IAMB report issued on Dec. 18, 2006
Third interim IAMB report issued on Feb. 29, 2008
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Documentation
United Nations Security Council Resolution 1790
United Nations Security Council Resolution 1723
Confirmation by the Government of Iraq of the Creation of an Iraqi Oversight Body to Take Over When IAMB Ceases in December 2006
Update from the Iraqi Representative on the Establishment of an Iraqi Oversight Body to Succeed the IAMB
Update from the Iraqi Representative on the Metering of Iraqi Crude Oil
Update from the President of the Board of Supreme Audit of Iraq on Earlier Recommendations
Letter from the Minister of Finance to the Office of the Prime Minister of Iraq dated July 11, 2006, together with a covering note from the IAMB Representative, regarding the Successor Iraqi Oversight Body for the DFI
Letter from the Permanent Mission of the Republic of Iraq to the UN, dated March 22, 2006, regarding oil metering
Letter from the US Department of Defense, dated January 26, 2006, regarding the settlement of the DFI funded task orders under the KBR contract
Report by the Government of Iraq on the Implementation of Recommendations from the Previous Audit, Presented to the IAMB Meeting on January 23, 2006
Report by the Government of Iraq on the Implementation of Recommendations from the Previous Audits, Presented to the IAMB Meeting on October 4–5, 2005
Statement of Work—Special Audit of Sole Sourced Contracts
Audit of DFI—Request for Proposal—for the period ended December 2004
Terms of Reference after January 8, 2008
Terms of Reference after December 11, 2006
Terms of Reference—After November 8, 2005
Terms of Reference—After June 28, 2004
Terms of Reference—Before June 28, 2004
Rules of Procedure—After June 28, 2004
Rules of Procedure—Before June 28, 2004
UNSC Resolution 1483
UNSC Resolution 1546
United Nations Security Council Resolution 1637
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Documentation

Update from the President of the Board of Supreme Audit of Iraq on earlier recommendations
Terms of Reference
UNSC Resolution 1483
UNSC Resolution 1546
Special Audit Reports
Audit Reports
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Current Members
Curriculum Vitae of IAMB Representatives and IAMB Alternate Representatives
United Nations Representatives

Warren Sach, Representative from the United Nations

Mr. Warren Sach, a national of the United Kingdom, assumed his duties as Assistant Secretary-General, Controller, in 2005. He is responsible for the budgetary, accounting and financial policies and procedures and for the exercise of financial control over the resources of the United Nations. Prior to his appointment as Assistant Secretary-General, Controller, Mr. Sach served as Director, of Programme Planning and Budget since May 1997, and as Deputy Director, PPBD from January 1996.

Since joining the United Nations in 1968, Mr. Sach has served in various positions at the United Nations in the administrative and financial fields including at the International Civil Service Commission (ICSC) and the United Nations Environment Programme (UNEP).

Mr. Sach was educated at University College, London and Magdalene College, Cambridge, where he studied first Economics and then Development Economics respectively.

Jayantilal M. Karia, Alternate Representative from the United Nations

Mr. Jayantilal M. Karia, a Ugandan national, assumed his current position as Director of Accounts Division in the Office of Programme Planning, Budget and Accounts at the United Nations in May 1997. He is responsible for formulating accounting and financial policies, preparing the financial statements of over 200 funds maintained by the United Nations, including the Iraq Escrow Account established since 1996; consolidation of accounts from various offices of the United Nations; processing of financial transactions, disbursements to staff and vendors and supporting financial services provided to peacekeeping operations.

Since joining the United Nations in 1972, he has served in various managerial positions at the United Nations in financial, administrative and technological fields. Prior to assuming his current position, he was Deputy Director of the Accounts Division.

Mr. Karia holds a Master of Business Administration Degree (MBA) in accounting from Long Island University, New York. He is a member of the Institute of Management Accountants.

Mr. Karia currently chairs a United Nations inter-agency Task Force on Accounting Standards. He is also United Nations Observer at the Public Sector Committee of the International Federation of Accountants (IFAC). He also participates in a number of inter-governmental meetings as a resource person from the United Nations.

Arab Fund Representatives

Khalifa Ali Dau, Representative from the Arab Fund for Economic and Social Development

Dr. Khalifa Ali Dau, a Libyan national, is a Senior Financial Advisor in the Arab Fund. He first joined the Arab Fund in Kuwait, in 1985, as a Financial Expert. His duties include the supervision, appraisal and follow up of development projects in the Arab countries, including Iraq. Such duties encompass projects in both public and private sectors. The sphere of these projects covers all economic sectors, such as banking, power, industry, transportation, communication, agriculture, etc. He has represented the Arab Fund in various professional and development oriented meetings and workshops. Before joining the Arab Fund, he was a university professor in both the USA and Libya. He was the partner and managing director of an accounting firm, practicing external audit and business consultancy for more than 10 years. Dr. Dau holds a Ph. D. in accounting from Louisiana State University, and an MSA degree from the University of Illinois. He has also a CMA (Certified Management Accountant) certification from the Institute of Certified Management Accountants, in the USA. He is a member of the Libyan Certified Public Accountants Association. He has numerous publications in the fields of accounting, auditing and finance.

International Monetary Fund Representatives

Bert E. Keuppens, Representative from the IMF

Mr. Bert E. Keuppens, a Belgian national, is Director of the IMF Office of Internal Audit and Inspection since 2006. He has held several positions in the IMF Finance Department since 1982, including Senior Advisor and the position of chief accountant where he was responsible for the IMF's financial reporting process. He has conducted numerous Safeguards Assessment missions as mission chief where he was responsible for the conduct of due diligence reviews of central banks of countries that borrow from the IMF. Prior to joining the IMF, Mr. Keuppens held senior management positions in a large international audit firm, and he was a professor of accounting and auditing in a business school in Brussels. Mr. Keuppens holds graduate degrees in economics and business administration and is a Certified Public Accountant (Washington, D.C.).

Chris Hemus, Alternate Representative from the IMF

Mr. Chris Hemus, a South African national, is the Chief of the Safeguards Assessment Division in the IMF Finance Department. The Safeguards Assessment Division conducts due diligence reviews of central banks of countries that borrow from the IMF. He also serves in the position of chief accountant where he is responsible for the IMF's financial reporting process. He has held several positions in the IMF Finance Department since 1995 including Advisor in the Finance Department, and worked in 1997-98 in the Corporate Portfolio Management group of the International Finance Corporation (IFC). Prior to joining the IMF, Mr. Hemus was an Audit Manager with an international audit firm in South Africa and was involved with technical and accounting policy issues for all major clients. Mr. Hemus has graduate degrees in Accounting and Finance, is a Chartered Accountant, and a Chartered Financial Analyst.

World Bank Representatives

Fayezul Choudhury, Representative from the World Bank

Mr. Fayezul Choudhury, a Bangladeshi national, assumed his current position as Vice President and Controller of the World Bank in September 2000.  He is responsible for the integrity of IBRD/IDA's financial reporting, adequacy of the internal control framework, strategic leadership on accounting, auditing and borrowing country financial management and accountability issues, processing of financial transactions, and supporting institutional information needs.

Since joining the World Bank group he has held managerial positions in the International Finance Corporation, the Loans Department and the Accounting Department.  Prior to assuming his current position, he was Director of the Accounting Department.  Before joining the World Bank, he was in public accounting and management consulting with one of the major professional firms in London.

Mr. Choudhury has an MA in Engineering Science and Economics from the University of Oxford.  He is also a Fellow of the Institute of Chartered Accountants of England and Wales, a Member of the Institute of Management Consultants in the United Kingdom, and a Certified Government Financial Manager in the United States.

Mr. Choudhury's chairs the International Steering Committee of the International Forum for Accountancy Development and is a member of the Standards Advisory Council of the International Accounting Standards Board.  He is also a member of the Monitoring Group working with the International Federation of Accountants (IFAC) to create an International Public Oversight Board to oversee the standard setting activities of IFAC.

Charles McDonough, Alternate Representative from the World Bank

Mr. Charles McDonough, a U.S. national, is currently the Deputy Controller and Director of Accounting of the World Bank. He manages those units responsible for the Bank's external financial reporting, accounting policies, operational risks associated with financial disclosure, lending and trust fund accounting and client services, the Bank's accounting services center in Chennai, and the Bank's expense and capital accounting functions. Mr. McDonough is a member of the Bank's Asset and Liability Management Committee and has represented the Bank on numerous international accounting standard task forces associated with fair value accounting, and accounting for derivative transactions.

Before joining the Bank in 1993, Mr. McDonough was the Chief Accountant for the Inter-American Investment Corporation, where he was responsible for all facets of the corporation's accounting, external financial reporting and control operations. Prior to that he worked for Price Waterhouse, where he provided auditing and management consulting services for clients in the banking, manufacturing, and oil and gas industries. He is a member of the American Institute of Certified Public Accountants.


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