Audit Manual - Core Treasury System Uttarakhand

Government of Uttarakhand
Audit Manual
Sr. No Activity Risk Audit Steps
protect stores from damage
damage and undue deterioration
12 Process of assigning stacking
location and material number
• Non identification of material
• Verify whether each and every material is having a unique material
number
• Verify the process of material code generation; and check the approvals
for the sample cases
• Verify whether each material type is having a stack number assigned for
easy identification of material
• Check location as per book records vis-à-vis actual storage location
• Verify whether every material is tagged properly with material number and
location
• Obtain reasons for deviations and report as observation
13 Materials are adequately
safeguarded
• Unauthorized access and
misappropriation of material
• Check whether the storage areas are secured against the unauthorized
access i.e. materials are kept under security supervision
• Check whether stock count is performed periodically
• Obtain the stock count reports and analyze the differences highlighted.
Enquire into the reasons for the shortages in the stock count
• Verify whether adequate steps are taken to reduce the loss of material
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