Audit Manual - Core Treasury System Uttarakhand

Government of Uttarakhand
Audit Manual
Sr. No Activity Risk Audit Steps
Part I of Financial Handbook) • Incorrect allocation and booking of
expenses
• Authorization of document not made
Verify whether the Pay order specifies the amount payable both in
words and figures
Verify whether every voucher bears an acknowledgement of the
payment, signed by the person by whom or in whose behalf the claim
is put forward
Verify whether the correct head of classification is recorded on each
voucher by the drawing officer (e.g.) the major, minor and sub-head
and the primary and secondary units of appropriation, against which
the amount of the bill is to be debited
Verify whether the classification of the expenditure as "voted" or
"charged" on the revenues of the State, is clearly noted on the bill
Check that charges against two major heads are not included in one
voucher
Verify whether all corrections and alterations affecting amounts of the
bills either in words or in figures are attested by the drawing officers
by their full signatures with date and not merely by initials
11 Bank Reconciliation statement
for specific department
accounts with banks
• Banks A/c opened without authorization
• Authorized person list not defined
• Verify whether all Bank accounts have been opened with the approval
of the finance department Government of Uttarakhand and interest earned
remitted to government account
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