Audit Manual - Core Treasury System Uttarakhand

Government of Uttarakhand
Audit Manual
Sr. No Activity Risk Audit Steps
consecutive order for all money received
• Check that all receipt books are kept under lock and key in the
custody of a responsible officer and one book is issued to an individual
officer on receipt of the previous used- up-book
3 Accuracy in reporting Receipts
(Refer Chapter XII(100) of
Budget Manual)
• Possibility of incorrect revenue
generation figures being recorded
• Possibility of Under funding of projects
• Verify basis of compiling departmental revenue figures. Check that they
are not based solely on treasury officers submissions
• Verify whether challan‘s have the correct Account Classification
• Verify the reconciliation between Treasury account and Departmental
amount. Obtain explanation for long pending items
• Comparison of 385 books and treasury figures
4 Accuracy and completeness
in reporting Irrecoverable
dues
(Refer Chapter XII(100) of
Budget Manual)
• Possibility of under recovery of
government dues
• Verify amounts listed as irrecoverable
• Verify whether adequate steps have been taken for recovery under the
applicable laws
•
• Verify whether the timelines for reporting of irrecoverable dues were
adhered to
5 Controls over Collection of • Delay in Recovery • Verify whether proper safeguards exist to ensure that there is no willful
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