Audit Manual - Core Treasury System Uttarakhand

Government of Uttarakhand
Audit Manual
Sr. No Activity Risk Audit Steps
revision in user charges to be noted) and percentage change should be
analyzed.
• Analyze the delay in depositing of funds in number of days and report as
an observation
• Obtain reasons for deviations and report as observation
2 Security Deposit of official
handling cash
(Refer Para 69 to 73 of Volume
V, Part I of Financial Hand
Book)
• Non compliance with the provisions
mentioned in finance handbook
• Potential risk of entrusting more cash
vis-à-vis security deposit
• Absence /non submission of collateral
security can turn to loss in cash of theft/
Pilferage
• Verify whether the official handling cash has furnished security of
appropriate amount and executed a security bond
• Verify whether a security register is maintained in the prescribed form and
is examined by the DDO every year
• Verify whether the Security register contains details of the validity of each
security
• Physically check whether the securities are kept in original duly mortgaged
and lien marked
• Verify whether deviations in security register are reported to Head of
Department via a special report
• Verify whether the DDO has ensured that security deposit taken from
employee has been retained for at least 6 months after vacation of the post
• Verify whether the DDO has ensured that security bond taken from
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